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|
Balance of Payments |
| BALANCE OF PAYMENTS | (C£mn) | |||||||
| 1985 | 1990 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | |
 Exports f.o.b. |
255,4 | 388,0 | 510,2 | 597,1 | 605,6 | 519,9 | 504,4 | 523,5 |
|
Imports f.o.b.
1 |
-708,4 | -1.147,2 | -1.499,4 | -1.667,4 | -1.704,7 | -1.807,4 | -1.796,9 | -2.213,7 |
| Trade balance | -453,0 | -759,2 | -989,2 | -1.070,3 | -1.099,1 | -1.287,5 | -1.292,6 | -1.690,1 |
|
Invisible receipts |
582,2 | 1.092,6 | 1.587,8 | 1.579,1 | 1.705,0 | 1.802,9 | 2.059,6 | 2.469,9 |
|
Invisible payments |
-257,4 | -410,4 | -671,4 | -724,2 | -779,8 | -827,7 | -885,1 | -1.063,9 |
| Invisible balance | 324,8 | 682,2 | 916,4 | 854,9 | 925,2 | 975,2 | 1.174,6 | 1.406,0 |
| Current account balance | -128,2 | -77,0 | -72,8 | -215,4 | -173,9 | -312,3 | -118,0 | -284,1 |
|
Short-term capital |
-3,0 | -1,4 | 6,7 | 4,4 | -22,5 | -36,7 | 41,5 | -4,9 |
|
Long-term loans |
37,2 | 1,4 | -34,0 | -40,4 | -44,4 | 49,3 | -172,7 | 55,3 |
|
Other long-term capital |
35,5 | 55,6 | 22,3 | 45,0 | 169,0 | 181,7 | 178,7 | 94,3 |
| Net capital movement | 69,7 | 55,6 | -5,0 | 10,0 | 102,1 | 194,3 | 47,6 | 144,7 |
| Net errors & omissions | 41,4 | 12,0 | -33,1 | -14,1 | -47,3 | -71,3 | -81,8 | 90,0 |
| Overall balance | -17,1 | -9,4 | -110,9 | -219,5 | -119,1 | -189,3 | -152,2 | -49,5 |
| 1Including imports of aircraft valued at C£28,6mn in 1985 and C£16,3mn in 1990 and defence transactions |
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| INTERNATIONAL RESERVES | (C£mn) | |||||||
| 1985 | 1990 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | |
| Total (end of year) | 389,8 | 947,5 | 1.861,4 | 2.249,8 | 2.607,6 | 2.315,7 | 2.958,8 | 4.001,1 |
| Official reserves | 331,5 | 662,3 | 518,2 | 805,2 | 802,6 | 754,0 | 1.135,6 | 1.153,3 |
|
Central Bank |
327,9 | 652,8 | 500,2 | 787,3 | 783,9 | 735,8 | 1.107,1 | 1.124,1 |
|
Government |
0,8 | 0,2 | 0,7 | 0,7 | 0,7 | 0,7 | 0,7 | 0,7 |
|
IMF Reserve Position |
2,8 | 9,3 | 17,3 | 17,2 | 18,0 | 17,5 | 27,8 | 28,5 |
| Deposit Money Banks | 58,3 | 285,2 | 1.343,2 | 1.444,6 | 1.805,0 | 1.561,7 | 1.823,2 | 2.847,7 |
| *Note: As from 1995 Central Bank reserves are calculated on the basis of a new methodology | ||||||||
| and are not directly comparable to data for earlier years. | ||||||||
| (Last Updated 2/10/2001) | ||||||||
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COPYRIGHT ©: 2001, REPUBLIC OF CYPRUS, STATISTICAL SERVICE
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