Cyprus Current Account

Cyprus’ current account posted a deficit of EUR 95 million in the third quarter of 2025, narrowing from EUR 116.1 million in the same period a year earlier. This marked the smallest deficit since the fourth quarter of 2021, driven by a larger surplus in the services account, which grew to EUR 2,885.4 million from 2,637.3 million a year ago. The increase in services was due to higher surplus for travel, financial services, and charges for the use of intellectual property n.i.e. Meanwhile, the goods account shortfall widened to EUR 1,748.3 million from 1,684.8 million. Additionally, the primary income account recorded a higher gap, expanding to EUR 1,117.3 million from 964.8 million, as well as the secondary income account, which increased to EUR 114.8 million from 103.8 million.