Bank cost to income ratio in Cyprus
Cyprus: Bank cost to income ratio was 89.2% in 2021. ▲ Rising
Bank cost to income ratio in Cyprus, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank cost to income ratio in Cyprus is 89.2%, measured in 2021. That is the highest value across all 22 years on record.
The figure is up 6.0% on the previous year and up 63.1% over ten years.
Over the whole period, bank cost to income ratio in Cyprus peaked at 89.2% in 2021 and was at its lowest, 35.9%, in 2008.
Cyprus ranks 4th of 169 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Bank cost to income ratio in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 63.3% | — |
| 2001 | 62.8% | -0.9% |
| 2002 | 68.8% | +9.6% |
| 2003 | 69.7% | +1.2% |
| 2004 | 65.0% | -6.7% |
| 2005 | 53.5% | -17.7% |
| 2006 | 59.0% | +10.3% |
| 2007 | 42.8% | -27.6% |
| 2008 | 35.9% | -16.1% |
| 2009 | 48.7% | +35.8% |
| 2010 | 52.0% | +6.7% |
| 2011 | 54.7% | +5.3% |
| 2012 | 48.7% | -10.9% |
| 2013 | 47.6% | -2.2% |
| 2014 | 56.9% | +19.4% |
| 2015 | 61.1% | +7.4% |
| 2016 | 62.9% | +2.9% |
| 2017 | 70.5% | +12.1% |
| 2018 | 78.3% | +11.1% |
| 2019 | 83.9% | +7.2% |
| 2020 | 84.2% | +0.3% |
| 2021 | 89.2% | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.9% | 35.9% | 69.7% | 10 |
| 2010s | 61.7% | 47.6% | 83.9% | 10 |
| 2020s | 86.7% | 84.2% | 89.2% | 2 |
Countries ranked near Cyprus
- 1 Switzerland 94.5% compare
- 2 Iraq 92.4% compare
- 3 Sudan 91.3% compare
- 5 Germany 88.6% compare
- 6 San Marino 85.5% compare
- 7 Congo, Democratic Republic of the 81.9% compare
More financial sector data for Cyprus
- Net domestic credit (current LCU), per capita 18,337 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6618 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -0.4317 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 15.61 million SDR (2025)
- Gold reserves at market value 1.42 billion SDR (2025)
- Reserves excluding gold, foreign exchange 216.14 million SDR (2025)
- Reserves excluding gold 729.85 million SDR (2025)
- Total reserves (gold at market value) 2.15 billion SDR (2025)
- Total reserves (gold at national valuation) 2.13 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,557 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Cyprus?
- Bank cost to income ratio in Cyprus was 89.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Cyprus?
- The highest recorded value was 89.2% in 2021.
- What is the lowest bank cost to income ratio recorded in Cyprus?
- The lowest recorded value was 35.9% in 2008.
- How does Cyprus rank for bank cost to income ratio?
- Cyprus ranks 4th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Cyprus?
- Over the last ten years it is up 63.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.