Services, Debit/Expenditure in Cyprus
Cyprus: Services, Debit/Expenditure was 23.20 billion in 2024. β Volatile
Services, Debit/Expenditure in Cyprus, 2005β2024
Source: International Monetary Fund.
Analysis
Cyprus recorded 23.20 billion for services, debit/expenditure in 2024. That is the highest value across all 20 years on record.
The figure is up 14.0% on the previous year and up 224.9% over ten years.
Over the whole period, services, debit/expenditure in Cyprus peaked at 23.20 billion in 2024 and was at its lowest, 2.71 billion, in 2005.
That places Cyprus 47th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.06 billion | 2.71 billion | 5.79 billion | 5 |
| 2010s | 7.20 billion | 5.34 billion | 10.94 billion | 10 |
| 2020s | 18.54 billion | 12.50 billion | 23.20 billion | 5 |
Countries ranked near Cyprus
More trade data for Cyprus
- Total current account debit/expenditure, Debit/Expenditure 76.88 billion (2024)
- Goods, Debit/Expenditure 11.91 billion (2024)
- Primary income, Debit/Expenditure 40.51 billion (2024)
- Secondary income, Debit/Expenditure 1.26 billion (2024)
- Total capital account debit/expenditure, Debit/Expenditure 389.37 million (2024)
- Milking, dairy machinery (trade) β Import Value 4,284 1000 USD (2008)
- CO2 emissions embodied in gross exports, Metric ton of COβ equivalent 2.53 (2021)
- CO2 emissions embodied in gross exports, Trade balance on CO2 -6.35 (2021)
- CO2 emissions embodied in gross imports, Metric ton of COβ equivalent 8.88 (2021)
- Milking, dairy machinery (trade) β Export Value 122 1000 USD (2008)
Frequently asked questions
- What is services, debit/expenditure in Cyprus?
- Services, debit/expenditure in Cyprus was 23.20 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Cyprus?
- The highest recorded value was 23.20 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Cyprus?
- The lowest recorded value was 2.71 billion in 2005.
- How does Cyprus rank for services, debit/expenditure?
- Cyprus ranks 47th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Cyprus?
- Over the last ten years it is up 224.9%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.