Remittances in Cyprus increased to 18.70 EUR Million in the third quarter of 2020 from 16.80 EUR Million in the second quarter of 2020. source: Central Bank Of Cyprus

Remittances in Cyprus averaged 13.36 EUR Million from 2002 until 2020, reaching an all time high of 34 EUR Million in the first quarter of 2008 and a record low of 1 EUR Million in the second quarter of 2002. This page provides - Cyprus Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Remittances - values, historical data and charts - was last updated on May of 2021.

Remittances in Cyprus is expected to be 13.68 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Cyprus to stand at 14.59 in 12 months time. In the long-term, the Cyprus Remittances is projected to trend around 14.27 EUR Million in 2022 and 14.11 EUR Million in 2023, according to our econometric models.

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Cyprus Remittances

Actual Previous Highest Lowest Dates Unit Frequency
18.70 16.80 34.00 1.00 2002 - 2020 EUR Million Quarterly
NSA

Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -555349.00 -439125.00 158661.00 -925949.00 EUR Thousand [+]
Current Account -799.50 -720.00 395.30 -1541.40 EUR Million [+]
Current Account to GDP -6.70 -4.40 3.10 -14.70 percent [+]
Imports 733214.00 594415.00 1082134.00 13481.00 EUR Thousand [+]
Exports 177865.00 155290.00 888660.00 5946.00 EUR Thousand [+]
Capital Flows -1259.40 -389.20 1701.50 -1362.60 EUR Million [+]
Remittances 18.70 16.80 34.00 1.00 EUR Million [+]
Tourism Revenues 3800.00 2800.00 431600.00 2800.00 EUR Thousand [+]
Tourist Arrivals 8811.00 5047.00 553845.00 0.00 Persons [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
Terrorism Index 0.12 0.42 3.19 0.05 [+]
External Debt 189307.26 188588.76 208114.48 90778.90 EUR Million [+]


Cyprus Remittances
In Cyprus, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).