Cyprus recorded a Current Account deficit of 1061.80 EUR Million in the first quarter of 2022. source: Central Bank of Cyprus

Current Account in Cyprus averaged -266.19 EUR Million from 2001 until 2022, reaching an all time high of 395.30 EUR Million in the third quarter of 2006 and a record low of -1541.40 EUR Million in the fourth quarter of 2007. This page provides - Cyprus Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Current Account - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Current Account in Cyprus is expected to be -400.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Current Account is projected to trend around -650.00 EUR Million in 2023 and -470.00 EUR Million in 2024, according to our econometric models.

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Cyprus Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 02:30 PM Q4 €-126.1M €-201M €-690M
2022-06-30 11:00 AM Q1 €-1061.8M €-126.1M €-730M
2022-10-06 08:10 AM Q2 €-1061.8M €-400M

Related Last Previous Unit Reference
Current Account -1061.80 -126.10 EUR Million Mar 2022
Capital Flows -479.70 -536.60 EUR Million Mar 2022
Remittances 15.70 18.90 EUR Million Dec 2021
External Debt 189246.69 192714.77 EUR Million Mar 2022

Cyprus Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-1061.80 -126.10 395.30 -1541.40 2001 - 2022 EUR Million Quarterly