Cyprus - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Cyprus was -2.53 as of 2020. Its highest value over the past 45 years was 4.57 in 2001, while its lowest value was -21.21 in 1975.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 -21.21
1976 -12.88
1977 -19.95
1978 -20.59
1979 -19.09
1980 -17.81
1981 -13.07
1982 -13.32
1983 -13.57
1984 -12.44
1985 -10.09
1986 -3.39
1987 -2.98
1988 -5.43
1989 -8.41
1990 -5.61
1991 -10.01
1992 -11.18
1993 -0.43
1994 -0.40
1995 -0.86
1996 -0.43
1997 -1.39
1998 2.49
1999 2.64
2000 2.43
2001 4.57
2002 1.17
2003 1.52
2004 -0.12
2005 -0.53
2006 -2.93
2007 -4.76
2008 -12.76
2009 -5.35
2010 -8.34
2011 -3.83
2012 -1.91
2013 1.58
2014 0.94
2015 2.62
2016 1.70
2017 -0.48
2018 1.30
2019 0.21
2020 -2.53

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts