The Central Bank of Cyprus published preliminary external statistics for the third quarter of 2025, covering the balance of payments, international investment position and external debt. The current account deficit narrowed to EUR 95.0 million from EUR 116.1 million in Q3 2024, while the international investment position moved further into net liability and external debt increased compared with Q2 2025. On an adjusted basis that treats special purpose entities (SPEs) as non-residents, the current account deficit was EUR 304.0 million versus EUR 204.3 million a year earlier. The international investment position recorded a net liability position of EUR 31,523.4 million (EUR 13,386.8 million adjusted for SPEs), compared with EUR 30,094.9 million (EUR 11,480.9 million adjusted) in Q2 2025. Gross external debt rose to EUR 234,868.8 million and external assets in debt instruments to EUR 224,957.9 million, leaving net external debt at EUR 9,910.9 million. Excluding SPEs, gross external debt was EUR 59,824.1 million and net external debt EUR 24,223.3 million, compared with EUR 59,044.1 million and -EUR 24,313.4 million respectively in Q2 2025.
Central Bank of Cyprus 2026-01-07
Central Bank of Cyprus publishes preliminary Q3 2025 external statistics showing a narrower current account deficit and rising external debt
The Central Bank of Cyprus released preliminary Q3 2025 external statistics, showing a narrowed current account deficit of EUR 95.0 million and increased external debt compared to Q2 2025. Adjusted for special purpose entities, the current account deficit was EUR 304.0 million, with a net liability international investment position of EUR 13,386.8 million and gross external debt of EUR 59,824.1 million.