Exports of services as a part of balance of payment reached 11.5 USD bil in 2017 in Cyprus, according to the National Statistical Office. This is 11.2 % more than in the previous year.
Historically, exports of services as a part of balance of payment in Cyprus reached an all time high of 11.5 USD bil in 2017 and an all time low of 0.176 USD bil in 1976. When compared to Cyprus's main peers, exports of services as a part of balance of payment in Egypt amounted to 19.5 USD bil, 38.4 USD bil in Greece, 44.6 USD bil in Israel and 44.0 USD bil in Turkey in 2017.
Cyprus has been ranked 56th within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 1 places behind the position seen 10 years ago.
Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.
|Exports of Services (BoP, USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Saudi Arabia||USD bil||11.5||11.0||11.8||12.5||14.5|