Primary income balance (credit less debit), Net (credits less debits) in Cyprus
Cyprus: Primary income balance (credit less debit), Net (credits less debits) was -4.06 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Cyprus, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Cyprus stood at -4.06 billion. That is the lowest value across all 20 years on record.
The figure is down 10.6% on the previous year and down 534.6% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Cyprus peaked at 742.32 million in 2011 and was at its lowest, -4.06 billion, in 2024.
Cyprus ranks 148th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -611.81 million | — |
| 2006 | -763.86 million | +24.9% |
| 2007 | -382.46 million | -49.9% |
| 2008 | -349.29 million | -8.7% |
| 2009 | -90.41 million | -74.1% |
| 2010 | -384.01 million | +324.7% |
| 2011 | 742.32 million | -293.3% |
| 2012 | -183.54 million | -124.7% |
| 2013 | -305.97 million | +66.7% |
| 2014 | -639.58 million | +109.0% |
| 2015 | -132.63 million | -79.3% |
| 2016 | -831.13 million | +526.7% |
| 2017 | -695.17 million | -16.4% |
| 2018 | -926.61 million | +33.3% |
| 2019 | -1.40 billion | +51.0% |
| 2020 | -1.73 billion | +23.7% |
| 2021 | -2.67 billion | +54.4% |
| 2022 | -2.98 billion | +11.5% |
| 2023 | -3.67 billion | +23.1% |
| 2024 | -4.06 billion | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -439.57 million | -763.86 million | -90.41 million | 5 |
| 2010s | -475.55 million | -1.40 billion | 742.32 million | 10 |
| 2020s | -3.02 billion | -4.06 billion | -1.73 billion | 5 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Total reserves (gold at national valuation) (SDR), annual growth rate 33.35 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,557 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 60.58 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 11.41 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0052 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 157.68 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 3.35 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 532.45 SDR per person (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Cyprus?
- Primary income balance (credit less debit), net (credits less debits) in Cyprus was -4.06 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Cyprus?
- The highest recorded value was 742.32 million in 2011.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Cyprus?
- The lowest recorded value was -4.06 billion in 2024.
- How does Cyprus rank for primary income balance (credit less debit), net (credits less debits)?
- Cyprus ranks 148th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Cyprus?
- Over the last ten years it is down 534.6%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.