Cyprus recorded a Current Account deficit of 6.70 percent of the country's Gross Domestic Product in 2019. source: EUROSTAT
Current Account to GDP in Cyprus averaged -4.85 percent from 1995 until 2019, reaching an all time high of 3.10 percent in 1998 and a record low of -14.70 percent in 2008. This page provides - Cyprus Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Current Account to GDP - values, historical data and charts - was last updated on May of 2021.
Current Account to GDP in Cyprus is expected to reach -8.60 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Current Account to GDP is projected to trend around -6.50 percent in 2022 and -5.50 percent in 2023, according to our econometric models.