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Country or Region: Cyprus › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Cyprus indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Source: Eurostat Latest actual data: 2009 Notes: The large break in the series for 1998 is attributed to a significant increase in Income Debits for 1998. The authorities have verified that this is correct. Large changes in Portfolio investment and other investment series in 2008 and 2009 are due to classification changes. BOP Manual used: BPM 5 Primary domestic currency: Euros Data last updated: 03/2011

Current Account Balance (US Dollars) for Cyprus in year 2010 is US$ -1.629 Billion

This makes Cyprus No. 138 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Cyprus is US$ 8.39 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Cyprus was US$ -1.78 Billion Current Account Balance (US Dollars) for Cyprus in 2010 was or will be 8.53% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Cyprus was or will be US$-2.22 Billion, which is 36.16% more than the 2010 figure.