Cyprus' international investment position (IIP) improved in 2021, with a net liability position of €28,786.8 million, compared to €29,447.0 million in 2020, according to preliminary external statistics (balance of payments, international investment position and external debt) published on Thursday by the Statistics Department of the Central Bank of Cyprus (CBC).
The valuation of the TIF, adjusting the data for the effect of SPEs, recorded a net liability position of €10,150.0 million in 2021, compared to €10,839.5 million in 2020.
Moreover, according to the preliminary balance of payments data for 2021, Cyprus' current account balance recorded an improvement, with the deficit decreasing from €2.177.2 million in 2020 to €1,695.8 million in 2021.
Adjusting the data, as per
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