Cyprus: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 1.9 billion Euro as of September 2024, an increase compared to the previous value of 1.85 billion Euro. Historically, the average for Cyprus from January 2002 to September 2024 is 1.58 billion Euro. The minimum of 0.65 billion Euro was recorded in January 2014, while the maximum of 4.45 billion Euro was reached in December 2006.
Click on the following link to see the values of: Foreign exchange reserves around the world.
Select indicator
Download data from our database
* indicates monthly or quarterly data series
- Measure: billion Euro
- Source: Central Bank of Cyprus
| Recent values | Cyprus: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 Sep | 1.9 |
| 2024 Aug | 1.85 |
| 2024 Jul | 1.85 |
| 2024 Jun | 1.83 |
| 2024 May | 1.82 |
| 2024 Apr | 1.82 |
| 2024 Mar | 1.75 |
| 2024 Feb | 1.64 |
Download data from our database
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 | Reference | Measure |
|---|---|---|---|
| Terms of trade | 86.05 | 2021 | percent |
| Trade openness | 179.62 | 2023 | percent |
| Financial openness | 2.299 | 2021 | index points |
| Exports, percent of GDP | 89.35 | 2023 | percent |
| Exports, billion dollars | 28.80 | 2023 | billion U.S. dollars |
| Growth of exports | -1.24 | 2023 | percent |
| Imports, percent of GDP | 90.27 | 2023 | percent |
| Imports, billion dollars | 29.09 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | -27.75 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 0.48 | 2022 | billion U.S. dollars |
| Portfolio investment inflows, equities | -1,002.07 | 2023 | million dollars (current) |
| Current account, percent of GDP | -12.10 | 2023 | percent |
| Current account, in dollars | -3.89 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | -0.92 | 2023 | percent |
| Trade balance, in dollars | -0.28 | 2023 | billion U.S. dollars |
| Reserves | 1.79 | 2023 | billion U.S. dollars |
| Remittances, percent of GDP | 1.86 | 2023 | percent |
| Remittances | 600.00 | 2023 | million U.S. dollars |
| Net errors and omissions | 781.75 | 2023 | million USD |
| Foreign exchange reserves | 1.90 | 9/2024 | billion |