Cyprus: Foreign exchange reserves

* indicates monthly or quarterly data series
 Cyprus

Foreign exchange reserves, billion currency units

 Latest value 1.75
 Reference March 2024
 Measure billion Euro
 Data availability January 2002 - March 2024
 Average 1.57
 Min - Max 0.65 - 4.45
 Source Central Bank of Cyprus
For that indicator, we provide data for Cyprus from January 2002 to March 2024. The average value for Cyprus during that period was 1.57 billion Euro with a minimum of 0.65 billion Euro in January 2014 and a maximum of 4.45 billion Euro in December 2006. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Cyprus - Foreign exchange reserves - recent values

Historical chart
Cyprus - Foreign exchange reserves - historical chart - 2002-2024
Measure: billion Euro
Source: Central Bank of Cyprus


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 86.05 2021 percent
 Trade openness 189.76 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 95.04 2022 percent
 Exports, billion dollars 27.80 2022 billion U.S. dollars
 Growth of exports 13.62 2022 percent
 Imports, percent of GDP 94.72 2022 percent
 Imports, billion dollars 27.71 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.64 2022 percent
 Foreign Direct Investment, billion dollars 11.13 2022 billion U.S. dollars
 Portfolio investment inflows, equities -509.06 2022 million dollars (current)
 Current account, percent of GDP -12.10 2023 percent
 Current account, in dollars -2.36 2022 billion U.S. dollars
 Trade balance, percent of GDP 0.32 2022 percent
 Trade balance, in dollars 0.06 2022 billion U.S. dollars
 Reserves 1.67 2022 billion U.S. dollars
 Remittances, percent of GDP 1.78 2022 percent
 Remittances 519.76 2022 million U.S. dollars
 Net errors and omissions 158.79 2022 million USD
 Foreign exchange reserves 1.60 9/2023 billion
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