Predetermined short-term net drains on foreign currency assets in Cyprus
Cyprus: Predetermined short-term net drains on foreign currency assets was -69.52 million 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 -69.52 million. That is the lowest value across all 13 years on record.
That represents a change of down 443.0% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Cyprus peaked at 0 in 2014 and was at its lowest, -69.52 million, in 2022.
That places Cyprus 26th out of 85 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -9.15 million | -41.23 million | 0 | 10 |
| 2020s | -23.17 million | -69.52 million | 0 | 3 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Net domestic credit (current LCU), per capita 18,337 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6618 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -0.4317 % change on previous year (2024)
- Domestic credit to private sector by banks 56.6% (2024)
- Total reserves in months of imports 0.5319 (2025)
- Net domestic credit 24.91 billion current LCU (2024)
- Net foreign assets 31.88 billion current LCU (2024)
- Monetary Sector credit to private sector 56.7% (2024)
- Claims on central government, etc. 11.6% (2024)
- Domestic credit to private sector 56.7% (2024)
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 -69.52 million 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 2014.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Cyprus?
- The lowest recorded value was -69.52 million in 2022.
- How does Cyprus rank for predetermined short-term net drains on foreign currency assets?
- Cyprus ranks 26th out of 85 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 down 443.0%. 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, principal, More than 3 months and up to 1 year, Outflows (reserves template) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (I. 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.