Bank deposits to GDP in Cyprus
Cyprus: Bank deposits to GDP was 166.7% in 2007. ▲ Rising
Bank deposits to GDP in Cyprus, 1975–2007
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2007, bank deposits to gdp in Cyprus stood at 166.7%. That is the highest value across all 33 years on record.
That represents a change of up 10.2% on the previous year and up 23.0% over ten years.
Over the whole period, bank deposits to gdp in Cyprus peaked at 166.7% in 2007 and was at its lowest, 61.2%, in 1980.
Cyprus ranks 7th of 185 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 33 years of available data.
Bank deposits to GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 83.8% | — |
| 1976 | 77.4% | -7.6% |
| 1977 | 71.5% | -7.7% |
| 1978 | 68.5% | -4.2% |
| 1979 | 64.2% | -6.2% |
| 1980 | 61.2% | -4.8% |
| 1981 | 63.3% | +3.5% |
| 1982 | 64.0% | +1.1% |
| 1983 | 64.1% | +0.1% |
| 1984 | 62.7% | -2.2% |
| 1985 | 63.1% | +0.7% |
| 1986 | 65.0% | +3.0% |
| 1987 | 66.4% | +2.1% |
| 1988 | 100.1% | +50.8% |
| 1989 | 103.6% | +3.5% |
| 1990 | 107.7% | +3.9% |
| 1991 | 118.5% | +10.1% |
| 1992 | 117.0% | -1.3% |
| 1993 | 129.3% | +10.5% |
| 1994 | 131.4% | +1.6% |
| 1995 | 119.8% | -8.8% |
| 1996 | 127.8% | +6.7% |
| 1997 | 135.6% | +6.1% |
| 1998 | 137.0% | +1.1% |
| 1999 | 148.3% | +8.3% |
| 2000 | 150.4% | +1.4% |
| 2001 | 89.6% | -40.5% |
| 2002 | 94.9% | +5.9% |
| 2003 | 93.5% | -1.5% |
| 2004 | 91.5% | -2.1% |
| 2005 | 145.3% | +58.8% |
| 2006 | 151.3% | +4.1% |
| 2007 | 166.7% | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73.1% | 64.2% | 83.8% | 5 |
| 1980s | 71.3% | 61.2% | 103.6% | 10 |
| 1990s | 127.2% | 107.7% | 148.3% | 10 |
| 2000s | 122.9% | 89.6% | 166.7% | 8 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Total reserves in months of imports, annual growth rate 60.58 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 11.41 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0052 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 157.68 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 3.35 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 532.45 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 34.48 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,570 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Cyprus?
- Bank deposits to gdp in Cyprus was 166.7% in 2007, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Cyprus?
- The highest recorded value was 166.7% in 2007.
- What is the lowest bank deposits to gdp recorded in Cyprus?
- The lowest recorded value was 61.2% in 1980.
- How does Cyprus rank for bank deposits to gdp?
- Cyprus ranks 7th out of 185 countries with data for 2007.
- Is bank deposits to gdp rising or falling in Cyprus?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).