Cyprus Remittances
Personal remittances received, current US dollars.
Remittances in Cyprus increased to 0.84 USD billion in 2025 from 0.68 USD billion in 2024.
Cyprus Remittances — History
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Cyprus Remittances — analysis in simple words
Latest reading
Remittances in Cyprus increased to 0.84 USD billion in 2025 from 0.68 USD billion in 2024.
It has risen in each of the last three years.
Recent trend
A year earlier (2024) it was $0.68B, so the latest figure is $0.17B higher.
Over the past five years the average was $0.66B, with a range from $0.52B to $0.84B. The latest value is above that five-year average.
Historical context
This data series starts in 1976 and has 50 annual observations. The latest reading is higher than 94% of all of them.
The highest value on record is $0.95B (2008) and the lowest is $0.02B (2002). The long-run average is $0.26B.
Compared with other countries
Among 180 economies with recent data, Cyprus ranks 97th from the top. The median across all these economies is $1.02B, so Cyprus is below the typical country.
Within Europe & Central Asia (50 economies with data) it ranks 41st; the regional median is $2.71B.
Statistics
- Latest
- $0.84B2025
- Previous
- $0.68B
- 5-year average
- $0.66B
- Long-run average
- $0.26Bsince 1976
- All-time high
- $0.95B2008
- All-time low
- $0.02B2002
- Observations
- 50Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2025 | $0.84B | ▲ +0.17 |
| 2024 | $0.68B | ▲ +0.04 |
| 2023 | $0.63B | ▲ +0.11 |
| 2022 | $0.52B | ▼ −0.10 |
| 2021 | $0.63B | ▲ +0.06 |
| 2020 | $0.57B | ▲ +0.03 |
| 2019 | $0.54B | ▲ +0.01 |
| 2018 | $0.52B | ▲ +0.06 |
| 2017 | $0.46B | ▲ +0.08 |
| 2016 | $0.39B | ▲ +0.07 |
| 2015 | $0.31B | ▼ −0.01 |
| 2014 | $0.32B | ▼ −0.11 |
| 2013 | $0.43B | ▼ −0.17 |
| 2012 | $0.60B | ▼ −0.14 |
| 2011 | $0.74B | ▼ −0.12 |
| 2010 | $0.86B | ▲ +0.27 |
| 2009 | $0.59B | ▼ −0.36 |
| 2008 | $0.95B | ▲ +0.81 |
| 2007 | $0.14B | ▲ +0.04 |
| 2006 | $0.10B | ▼ −0.00 |
| 2005 | $0.10B | ▲ +0.03 |
| 2004 | $0.08B | ▲ +0.05 |
| 2003 | $0.03B | ▲ +0.01 |
| 2002 | $0.02B | ▼ −0.06 |
| 2001 | $0.08B | ▲ +0.03 |
| 2000 | $0.04B | ▼ −0.00 |
| 1999 | $0.05B | ▲ +0.00 |
| 1998 | $0.05B | ▲ +0.00 |
| 1997 | $0.05B | ▼ −0.00 |
| 1996 | $0.05B |
Remittances — Cyprus vs Peers
Latest available reading for each economy (periods may differ). Cyprus highlighted.
More Cyprus indicators
Understanding Remittances — a simple guide
What it measures
Personal remittances received from workers abroad, in current US dollars.
How it is calculated
Money sent home by citizens working abroad, in US dollars.
Workers in the Gulf sending money to families in India are counted here.
High remittances support household income and the current account.
Low remittances mean less income from abroad.
Why it matters for the economy and markets
Remittances are a large and stable source of foreign income for many emerging economies.
How to read it
They tend to be counter-cyclical, rising when the home economy is under stress.
Data source
World Bank — World Development Indicators (series BX.TRF.PWKR.CD.DT), annual data from 1976 to 2025. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current remittances of Cyprus?
What is the highest and lowest remittances of Cyprus?
What does remittances measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.