External Statistics for 2016Q1

Friday, 1 July 2016

The Statistics Department of the Central Bank of Cyprus has today released the external data statistics (balance of payments, international investment position and external debt) for 2016Q1.

According to the latest provisional balance of payments data, the current account recorded a significant improvement in 2016Q1, as its deficit fell to €39,1 million compared with a deficit of €643,7 million in 2015Q1.

The international investment position of Cyprus also recorded an improvement in 2016Q1, reaching a net liability position of €21.087 million compared with €22.507 million in 2015Q4. The external debt of Cyprus amounted to €101.709 million in 2016Q1 compared with €102.488 million in 2015Q4.