Net foreign assets in Cyprus
Cyprus: Net foreign assets was 31.88 billion current LCU in 2024. ◆ Volatile
Net foreign assets in Cyprus, 2005–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Cyprus is 31.88 billion current LCU, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 16.7% on the previous year and up 18,247.1% over ten years.
Over the whole period, net foreign assets in Cyprus peaked at 31.88 billion current LCU in 2024 and was at its lowest, -5.74 billion current LCU, in 2013.
That places Cyprus 119th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 5.57 billion current LCU | — |
| 2006 | 8.77 billion current LCU | +57.4% |
| 2007 | 8.93 billion current LCU | +1.8% |
| 2008 | 7.26 billion current LCU | -18.8% |
| 2009 | 5.95 billion current LCU | -18.0% |
| 2010 | 5.80 billion current LCU | -2.4% |
| 2011 | -129.83 million current LCU | -102.2% |
| 2012 | -795.43 million current LCU | +512.7% |
| 2013 | -5.74 billion current LCU | +621.8% |
| 2014 | 173.76 million current LCU | -103.0% |
| 2015 | 1.04 billion current LCU | +501.3% |
| 2016 | 8.29 billion current LCU | +693.0% |
| 2017 | 9.73 billion current LCU | +17.4% |
| 2018 | 14.03 billion current LCU | +44.2% |
| 2019 | 17.64 billion current LCU | +25.7% |
| 2020 | 18.29 billion current LCU | +3.7% |
| 2021 | 20.92 billion current LCU | +14.4% |
| 2022 | 23.90 billion current LCU | +14.2% |
| 2023 | 27.31 billion current LCU | +14.3% |
| 2024 | 31.88 billion current LCU | +16.7% |
Cyprus compared with similar countries
- Cyprus's 31.88 billion current LCU is below the median for high income countries, which is 113.77 billion current LCU, 28% of the median. (61 countries reporting)
- Cyprus's 31.88 billion current LCU is below the median for Europe & Central Asia, which is 228.65 billion current LCU, 14% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +693.0% | 1.04 billion current LCU | 8.29 billion current LCU |
| 2013 | -621.8% | -795.43 million current LCU | -5.74 billion current LCU |
| 2012 | -512.7% | -129.83 million current LCU | -795.43 million current LCU |
| 2015 | +501.3% | 173.76 million current LCU | 1.04 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.29 billion current LCU | 5.57 billion current LCU | 8.93 billion current LCU | 5 |
| 2010s | 5.00 billion current LCU | -5.74 billion current LCU | 17.64 billion current LCU | 10 |
| 2020s | 24.46 billion current LCU | 18.29 billion current LCU | 31.88 billion current LCU | 5 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 84.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 62.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 84.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is net foreign assets in Cyprus?
- Net foreign assets in Cyprus was 31.88 billion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Cyprus?
- The highest recorded value was 31.88 billion current LCU in 2024.
- What is the lowest net foreign assets recorded in Cyprus?
- The lowest recorded value was -5.74 billion current LCU in 2013.
- How does Cyprus rank for net foreign assets?
- Cyprus ranks 119th out of 187 countries with data for 2024.
- Is net foreign assets rising or falling in Cyprus?
- Over the last ten years it is up 18,247.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.