Bank non-performing loans to gross loans in Cyprus
Cyprus: Bank non-performing loans to gross loans was 15.0% in 2020. ◆ Volatile
Bank non-performing loans to gross loans in Cyprus, 2008–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, bank non-performing loans to gross loans in Cyprus stood at 15.0%.
That represents a change of down 12.1% on the previous year and up 158.0% over ten years.
Over the whole period, bank non-performing loans to gross loans in Cyprus peaked at 47.7% in 2015 and was at its lowest, 3.6%, in 2008.
That places Cyprus 14th out of 141 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Bank non-performing loans to gross loans in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 3.6% | — |
| 2009 | 4.5% | +25.0% |
| 2010 | 5.8% | +29.4% |
| 2011 | 10.0% | +71.5% |
| 2012 | 18.4% | +84.0% |
| 2013 | 38.6% | +109.8% |
| 2014 | 45.0% | +16.6% |
| 2015 | 47.7% | +6.2% |
| 2016 | 36.7% | -23.1% |
| 2017 | 31.4% | -14.5% |
| 2018 | 19.5% | -37.8% |
| 2019 | 17.1% | -12.4% |
| 2020 | 15.0% | -12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.0% | 3.6% | 4.5% | 2 |
| 2010s | 27.0% | 5.8% | 47.7% | 10 |
| 2020s | 15.0% | 15.0% | 15.0% | 1 |
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 non-performing loans to gross loans in Cyprus?
- Bank non-performing loans to gross loans in Cyprus was 15.0% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Cyprus?
- The highest recorded value was 47.7% in 2015.
- What is the lowest bank non-performing loans to gross loans recorded in Cyprus?
- The lowest recorded value was 3.6% in 2008.
- How does Cyprus rank for bank non-performing loans to gross loans?
- Cyprus ranks 14th out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in Cyprus?
- Over the last ten years it is up 158.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.