Personal remittances and foreign aid received in Cyprus

Cyprus: Personal remittances and foreign aid received was 627.11 million current US$ in 2021. ◆ Volatile

Latest (2021)
627.11 million current US$
Change on year
up 10.5%
World rank
103rd
of 193 countries
All-time high
948.62 million current US$
in 2008
All-time low
20.66 million current US$
in 2002
Years of data
46
1976–2021

Personal remittances and foreign aid received in Cyprus, 1976–2021

0200.0M400.0M600.0M800.0M1.0B197619982021

Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.

Analysis

Cyprus recorded 627.11 million current US$ for personal remittances and foreign aid received in 2021.

The figure is up 10.5% on the previous year and down 15.3% over ten years.

Over the whole period, personal remittances and foreign aid received in Cyprus peaked at 948.62 million current US$ in 2008 and was at its lowest, 20.66 million current US$, in 2002.

Cyprus ranks 103rd of 193 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Personal remittances and foreign aid received in Cyprus, year by year

Annual values for Personal remittances and foreign aid received in Cyprus, 1976 to 2021.
Year current US$ Change
1976 31.67 million current US$
1977 50.97 million current US$ +60.9%
1978 68.54 million current US$ +34.5%
1979 76.46 million current US$ +11.6%
1980 94.04 million current US$ +23.0%
1981 83.05 million current US$ -11.7%
1982 79.72 million current US$ -4.0%
1983 78.23 million current US$ -1.9%
1984 73.59 million current US$ -5.9%
1985 71.50 million current US$ -2.8%
1986 57.13 million current US$ -20.1%
1987 63.81 million current US$ +11.7%
1988 71.36 million current US$ +11.8%
1989 68.94 million current US$ -3.4%
1990 78.59 million current US$ +14.0%
1991 65.67 million current US$ -16.4%
1992 81.19 million current US$ +23.6%
1993 79.41 million current US$ -2.2%
1994 81.27 million current US$ +2.3%
1995 48.63 million current US$ -40.2%
1996 49.32 million current US$ +1.4%
1997 47.67 million current US$ -3.3%
1998 48.28 million current US$ +1.3%
1999 49.73 million current US$ +3.0%
2000 44.99 million current US$ -9.5%
2001 77.85 million current US$ +73.1%
2002 20.66 million current US$ -73.5%
2003 31.81 million current US$ +54.0%
2004 77.39 million current US$ +143.3%
2005 104.82 million current US$ +35.4%
2006 104.51 million current US$ -0.3%
2007 142.18 million current US$ +36.0%
2008 948.62 million current US$ +567.2%
2009 593.41 million current US$ -37.4%
2010 861.74 million current US$ +45.2%
2011 740.51 million current US$ -14.1%
2012 601.12 million current US$ -18.8%
2013 431.00 million current US$ -28.3%
2014 323.09 million current US$ -25.0%
2015 313.68 million current US$ -2.9%
2016 386.92 million current US$ +23.3%
2017 464.46 million current US$ +20.0%
2018 521.19 million current US$ +12.2%
2019 535.46 million current US$ +2.7%
2020 567.64 million current US$ +6.0%
2021 627.11 million current US$ +10.5%

Cyprus compared with similar countries

  • Cyprus's 627.11 million current US$ is below the median for high income countries, which is 688.87 million current US$, 91% of the median. (67 countries reporting)
  • Cyprus's 627.11 million current US$ is below the median for Europe & Central Asia, which is 2.43 billion current US$, 26% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Personal remittances and foreign aid received in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 +567.2% 142.18 million current US$ 948.62 million current US$
2004 +143.3% 31.81 million current US$ 77.39 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 56.91 million current US$ 31.67 million current US$ 76.46 million current US$ 4
1980s 74.14 million current US$ 57.13 million current US$ 94.04 million current US$ 10
1990s 62.98 million current US$ 47.67 million current US$ 81.27 million current US$ 10
2000s 214.62 million current US$ 20.66 million current US$ 948.62 million current US$ 10
2010s 517.92 million current US$ 313.68 million current US$ 861.74 million current US$ 10
2020s 597.38 million current US$ 567.64 million current US$ 627.11 million current US$ 2

Countries ranked near Cyprus

  1. 100 Norway 671.79 million current US$ compare
  2. 101 Finland 667.36 million current US$ compare
  3. 102 Togo 650.39 million current US$ compare
  4. 104 New Caledonia 621.06 million current US$ compare
  5. 105 Costa Rica 594.13 million current US$ compare
  6. 106 Estonia 589.90 million current US$ compare

See the full ranking of 193 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is personal remittances and foreign aid received in Cyprus?
Personal remittances and foreign aid received in Cyprus was 627.11 million current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
What is the highest personal remittances and foreign aid received recorded in Cyprus?
The highest recorded value was 948.62 million current US$ in 2008.
What is the lowest personal remittances and foreign aid received recorded in Cyprus?
The lowest recorded value was 20.66 million current US$ in 2002.
How does Cyprus rank for personal remittances and foreign aid received?
Cyprus ranks 103rd out of 193 countries with data for 2021.
Is personal remittances and foreign aid received rising or falling in Cyprus?
Over the last ten years it is down 15.3%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.

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Personal remittances and foreign aid received in Cyprus. Statizoid, drawing on World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/personal-remittances-oda/cyprus/

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About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.