Predetermined short-term net drains on foreign currency assets in Cyprus
Cyprus: Predetermined short-term net drains on foreign currency assets was 0 in 2022. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Cyprus, 2010–2022
Source: International Monetary Fund.
Analysis
In 2022, predetermined short-term net drains on foreign currency assets in Cyprus stood at 0. That is the highest value across all 13 years on record.
That represents a change of up 100.0% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Cyprus peaked at 0 in 2020 and was at its lowest, -12.83 million, in 2016.
Cyprus ranks 1st of 84 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Predetermined short-term net drains on foreign currency assets in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | -1.92 million | — |
| 2011 | -1.23 million | -36.1% |
| 2012 | -435,095 | -64.6% |
| 2013 | -2.92 million | +570.2% |
| 2014 | -4.28 million | +46.9% |
| 2015 | -12.11 million | +182.8% |
| 2016 | -12.83 million | +5.9% |
| 2017 | -9.71 million | -24.4% |
| 2018 | -9.48 million | -2.4% |
| 2019 | -10.33 million | +9.0% |
| 2020 | 0 | -100.0% |
| 2021 | 0 | — |
| 2022 | 0 | — |
Cyprus compared with similar countries
- Cyprus's 0 is above the median for high income countries, which is -31.73 million. (41 countries reporting)
- Cyprus's 0 is above the median for Europe & Central Asia, which is -49.70 million. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -6.52 million | -12.83 million | -435,095 | 10 |
| 2020s | 0 | 0 | 0 | 3 |
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 predetermined short-term net drains on foreign currency assets in Cyprus?
- Predetermined short-term net drains on foreign currency assets in Cyprus was 0 in 2022, according to International Monetary Fund.
- What is the highest predetermined short-term net drains on foreign currency assets recorded in Cyprus?
- The highest recorded value was 0 in 2020.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Cyprus?
- The lowest recorded value was -12.83 million in 2016.
- How does Cyprus rank for predetermined short-term net drains on foreign currency assets?
- Cyprus ranks 1st out of 84 countries with data for 2022.
- Is predetermined short-term net drains on foreign currency assets rising or falling in Cyprus?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Predetermined short-term net drains on foreign currency assets (nominal value), Foreign currency loans, securities and deposits, interest, More than 3 months and up to 1 year, Outflows (reserves template) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IR. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.