Australia vs Cyprus: Bank credit to bank deposits

Australia
118.6%
in 2021
Cyprus
108.3%
in 2007
Australia rank
24th
Cyprus rank
26th

Bank credit to bank deposits over time

  • Australia
  • Cyprus
5075100125150196019902021

How they compare

Australia currently reports 118.6% against 108.3% in Cyprus, a difference of 10.3%.

That makes Australia's figure about 1.1 times Cyprus's.

The two have swapped places 1 time across 33 shared years of data; in 1975 it was Cyprus ahead.

Australia ranks 24th and Cyprus ranks 26th of 186 countries.

Across the 4 decades both report, Australia averaged higher in 3 and Cyprus in 1.

Head to head by decade

Decade Australia Cyprus Difference Ahead
1970s 72.1% 96.5% 24.4% Cyprus
1980s 93.8% 93.7% 0.2% Australia
1990s 122.7% 95.3% 27.4% Australia
2000s 136.9% 99.6% 37.3% Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank credit to bank deposits, Australia or Cyprus?
Australia, at 118.6% against 108.3% in Cyprus as of 2021.
What is the difference in bank credit to bank deposits between Australia and Cyprus?
10.3%, with Australia ahead.
How many years of comparable data are there for Australia and Cyprus?
33 years are reported by both, from 1975 to 2007.
How do Australia and Cyprus rank globally for bank credit to bank deposits?
Australia ranks 24th and Cyprus ranks 26th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Cyprus: Bank credit to bank deposits. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/australia/cyprus/

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About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).