Cyprus's current account deficit narrowed to EUR 126.10 million in the fourth quarter of 2021 from EUR 748.2 million a year ago. It was the smallest current account gap since September of 2019. source: Central Bank of Cyprus
Current Account in Cyprus averaged -256.72 EUR Million from 2001 until 2021, 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 June of 2022.
Current Account in Cyprus is expected to be -730.00 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.