Secondary income balance (credit less debit), Net (credits less) in Cyprus
Cyprus: Secondary income balance (credit less debit), Net (credits less) was -393.28 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Cyprus, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Cyprus is -393.28 million, measured in 2024.
The figure is up 14.3% on the previous year and up 27.6% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Cyprus peaked at 206.18 million in 2006 and was at its lowest, -543.40 million, in 2014.
That places Cyprus 156th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 92.13 million | — |
| 2006 | 206.18 million | +123.8% |
| 2007 | -13.25 million | -106.4% |
| 2008 | -100.61 million | +659.1% |
| 2009 | -276.80 million | +175.1% |
| 2010 | -254.28 million | -8.1% |
| 2011 | -307.95 million | +21.1% |
| 2012 | -315.55 million | +2.5% |
| 2013 | -445.88 million | +41.3% |
| 2014 | -543.40 million | +21.9% |
| 2015 | -468.34 million | -13.8% |
| 2016 | -406.46 million | -13.2% |
| 2017 | -372.96 million | -8.2% |
| 2018 | -429.55 million | +15.2% |
| 2019 | -305.44 million | -28.9% |
| 2020 | -410.20 million | +34.3% |
| 2021 | -406.57 million | -0.9% |
| 2022 | -273.21 million | -32.8% |
| 2023 | -458.80 million | +67.9% |
| 2024 | -393.28 million | -14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -18.47 million | -276.80 million | 206.18 million | 5 |
| 2010s | -384.98 million | -543.40 million | -254.28 million | 10 |
| 2020s | -388.41 million | -458.80 million | -273.21 million | 5 |
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)
- Gold reserves at 35 SDRs per ounce 15.61 million SDR (2025)
- Gold reserves at market value 1.42 billion SDR (2025)
- Reserves excluding gold, foreign exchange 216.14 million SDR (2025)
- Reserves excluding gold 729.85 million SDR (2025)
- Total reserves (gold at market value) 2.15 billion SDR (2025)
- Total reserves (gold at national valuation) 2.13 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,557 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Cyprus?
- Secondary income balance (credit less debit), net (credits less) in Cyprus was -393.28 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Cyprus?
- The highest recorded value was 206.18 million in 2006.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Cyprus?
- The lowest recorded value was -543.40 million in 2014.
- How does Cyprus rank for secondary income balance (credit less debit), net (credits less)?
- Cyprus ranks 156th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Cyprus?
- Over the last ten years it is up 27.6%. 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 Secondary 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.