In the fourth quarter of 2025, Cyprus recorded a negative balance in current transactions of €817,200,000 (credits of €15,326.8 million and debits of €16,144.0 million), down from the same quarter in 2024 (€1,416,600,000), according to data published by Eurostat.
At the same time, in the services sector, Cyprus recorded a surplus of €2.5 billion in the fourth quarter of 2025.
At the European Union level, the seasonally adjusted current account recorded a surplus of €86.7 billion (+1.8% of GDP), compared with €65.4 billion (+1.4% of GDP) in the third quarter of 2025 and €98.2 billion (+2.1% of GDP) in the fourth quarter of 2024.
Eurostat reports that the surplus in the goods account decreased to €89.1 billion from €95.3 billion, while the services account increased significantly to €44.2 billion from €20.5 billion. Deficits in the primary and secondary income accounts decreased to -€18.0 billion and -€28.6 billion, respectively. The capital account deficit increased to -€5.9 billion from -€0.6 billion.
According to the report, the EU’s financial account showed an increase in direct investment assets of €85.2 billion and direct investment liabilities of €32.6 billion, resulting in the EU being a net direct investor to the rest of the world with net outflows of €52.6 billion. At the same time, portfolio investments recorded a net inflow of €173.5 billion, and other investments a net inflow of €6.1 billion.
Among EU Member States, seventeen recorded current account surpluses, nine recorded deficits, and one Member State had a balanced account (Luxembourg). The highest surpluses were observed in Germany (+€51.3 billion), the Netherlands (+€34.5 billion), and France (+€21.8 billion), while the largest deficits were recorded in Romania (-€8.3 billion), Greece (-€7.0 billion), Belgium (-€3.9 billion), and Bulgaria (-€3.8 billion).
(Source: CNA)
