Publication of External Statistics data

The Statistics Department of the Central Bank of Cyprus has today released the provisional data for external statistics (balance of payments, international investment position and external debt) for the first quarter of 2026 (Q1 2026).

According to the preliminary balance of payments data for Q1 2026, the current account balance of Cyprus recorded a deterioration, with the deficit increasing from €1.010,1 million in Q1 2025, to €1.273,8 million, in Q1 2026.

• The resulting deficit adjusted for the impact of Special Purpose Entities (SPEs), that is, classifying SPEs as non-residents, stood at €1.370,9 million in Q1 2026, compared with a deficit of €1.121,9 million in Q1 2025.

The international investment position (IIP) recorded a deterioration in Q1 2026, presenting a net liability position of €28.313,1 million, compared with a net liability position of €28.165,0 million in Q4 2025.

• With the corresponding data being adjusted for the impact of SPEs, IIP recorded a net liability position of €10.030,5 million in Q1 2026, compared with a net liability position of €8.932,3 million, in Q4 2025.

The gross external debt increased to €226.664,0 million in Q1 2026 from €225.188,5 million in Q4 2025. The external assets in debt instruments decreased to €223.528,3 million, from €223.623,3 million in Q4 2025. Consequently, the net external debt increased by €1.570,5 million to €3.135,7 million in Q1 2026.

• Adjusted for the impact of SPEs, gross external debt reached €59.943,8 million in Q1 2026, compared to €59.179,0 million, in Q4 2025. The corresponding net external debt indicator increased to -€30.460,6 million in Q1 2026, compared with -€30.946,3 million in Q1 2026.

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