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Exports of Services (BoP, USD) rose 8.94% to USD 30.7 bil in Cyprus in 2024

Exports of Services (BoP, USD) (USD bil), 2024
Economy | Cyprus | September 1, 2025
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Exports of services as a part of balance of payment rose 8.94% to USD 30.7 bil in Cyprus in 2024, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Cyprus reached an all time high of USD 30.7 bil in 2024 and an all time low of USD 0.176 bil in 1976.

Cyprus has been ranked 40th within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 12 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Albania USD bil 3.62 3.81 2.55 4.12 5.02
Bulgaria USD bil 10.8 11.4 8.77 11.5 13.7
Cyprus USD bil 14.8 16.4 17.0 23.1 27.3
Egypt USD bil 23.6 25.1 15.1 21.9 31.6 ...
Greece USD bil 43.7 44.9 26.0 41.3 49.7
Iran USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iraq USD bil ... 5.57 7.32 3.80 5.18 9.03 ...
Israel USD bil 52.0 56.3 52.6 71.5 84.8
Jordan USD bil 7.34 7.85 2.50 4.51 7.96 ...
Lebanon USD bil 15.6 13.7 4.95 5.84 8.25 ...
Libya USD bil 0.134 0.268 0.226 0.083 0.084 ...
Macedonia USD bil 1.86 1.82 1.65 2.06 2.43
Saudi Arabia USD bil 20.5 24.2 8.98 10.3 34.7
Sudan USD bil 1.51 1.37 1.26 1.64 1.55 ... ...
Syria USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Turkey USD bil 65.5 71.7 39.3 62.9 93.3