Total current account debit/expenditure, Debit/Expenditure in Cyprus
Cyprus: Total current account debit/expenditure, Debit/Expenditure was 76.88 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Cyprus, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in Cyprus is 76.88 billion, measured in 2024.
The figure is up 6.6% on the previous year and up 102.5% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Cyprus peaked at 79.63 billion in 2021 and was at its lowest, 11.28 billion, in 2005.
That places Cyprus 58th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.28 billion | — |
| 2006 | 12.80 billion | +13.4% |
| 2007 | 17.10 billion | +33.6% |
| 2008 | 33.93 billion | +98.4% |
| 2009 | 30.57 billion | -9.9% |
| 2010 | 33.62 billion | +10.0% |
| 2011 | 38.76 billion | +15.3% |
| 2012 | 34.18 billion | -11.8% |
| 2013 | 36.00 billion | +5.3% |
| 2014 | 37.96 billion | +5.4% |
| 2015 | 45.72 billion | +20.4% |
| 2016 | 30.92 billion | -32.4% |
| 2017 | 50.63 billion | +63.7% |
| 2018 | 64.22 billion | +26.8% |
| 2019 | 62.11 billion | -3.3% |
| 2020 | 62.50 billion | +0.6% |
| 2021 | 79.63 billion | +27.4% |
| 2022 | 59.93 billion | -24.7% |
| 2023 | 72.09 billion | +20.3% |
| 2024 | 76.88 billion | +6.6% |
Cyprus compared with similar countries
- Cyprus's 76.88 billion is below the median for high income countries, which is 79.74 billion, 96% of the median. (72 countries reporting)
- Cyprus's 76.88 billion is below the median for Europe & Central Asia, which is 105.62 billion, 73% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.14 billion | 11.28 billion | 33.93 billion | 5 |
| 2010s | 43.41 billion | 30.92 billion | 64.22 billion | 10 |
| 2020s | 70.20 billion | 59.93 billion | 79.63 billion | 5 |
Countries ranked near Cyprus
More trade data for Cyprus
- Commodity Net Export Price Index, Individual Commodities Weighted by 138.77 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.4 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 117.15 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.84 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 70.22 (2025)
- Imports of low carbon technology products, Percent of GDP 1.37 (2024)
- Imports of low carbon technology products, US dollar (World), per 365.37 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0132 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 15.47 million (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Cyprus?
- Total current account debit/expenditure, debit/expenditure in Cyprus was 76.88 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Cyprus?
- The highest recorded value was 79.63 billion in 2021.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Cyprus?
- The lowest recorded value was 11.28 billion in 2005.
- How does Cyprus rank for total current account debit/expenditure, debit/expenditure?
- Cyprus ranks 58th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Cyprus?
- Over the last ten years it is up 102.5%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, 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.