Fiscal Balance in Cyprus

Cyprus Fiscal Balance | Economic News & Forecasts

Cyprus - Fiscal Balance

Third-quarter growth was revised up to 3.7% year-on year, a notch above the preliminary estimate, fueled by buoyant household spending and upbeat construction-side fixed investment. Private consumption expanded in line with the previous quarter, underpinned by continued job creation and a roughly stable unemployment rate—and despite the midyear deterioration in consumer sentiment. Meanwhile, the external sector subtracted from the headline reading amid a sharp contraction of exports likely held back by slowing inbound tourism. Available fourth-quarter data has been downbeat; an uptick in joblessness and deteriorating economic sentiment are likely to drag on year-end gains.

Cyprus - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-5.1  -9.0  -1.3  0.3  1.8  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Cyprus Facts

ValueChangeDate
Exchange Rate1.140.65 %Jan 16
Stock Market64.6-0.44 %Jan 16

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form