Bank Z-score in Cyprus
Cyprus: Bank Z-score was 6.07 in 2021. ▼ Falling
Bank Z-score in Cyprus, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
In 2021, bank z-score in Cyprus stood at 6.07.
Compared with earlier readings it is down 14.7% on the previous year and up 285.3% over ten years.
Over the whole period, bank z-score in Cyprus peaked at 10.4 in 2007 and was at its lowest, 1.58, in 2011.
Cyprus ranks 160th of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bank Z-score in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 9.54 | — |
| 2001 | 7.83 | -17.9% |
| 2002 | 9.29 | +18.6% |
| 2003 | 7.93 | -14.6% |
| 2004 | 6.81 | -14.2% |
| 2005 | 5.76 | -15.4% |
| 2006 | 5.73 | -0.5% |
| 2007 | 10.4 | +81.6% |
| 2008 | 10.21 | -1.8% |
| 2009 | 8.48 | -17.0% |
| 2010 | 8.16 | -3.8% |
| 2011 | 1.58 | -80.7% |
| 2012 | 8.43 | +434.6% |
| 2013 | 9.23 | +9.5% |
| 2014 | 8.27 | -10.4% |
| 2015 | 8.27 | -0.0% |
| 2016 | 9.83 | +18.9% |
| 2017 | 7.11 | -27.7% |
| 2018 | 7.88 | +10.8% |
| 2019 | 8.03 | +1.9% |
| 2020 | 7.12 | -11.3% |
| 2021 | 6.07 | -14.7% |
Cyprus compared with similar countries
- Cyprus's 6.07 is below the median for high income countries, which is 15.34, 40% of the median. (63 countries reporting)
- Cyprus's 6.07 is below the median for Europe & Central Asia, which is 11.21, 54% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Bank Z-score in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +434.6% | 1.58 | 8.43 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2 | 5.73 | 10.4 | 10 |
| 2010s | 7.68 | 1.58 | 9.83 | 10 |
| 2020s | 6.6 | 6.07 | 7.12 | 2 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 84.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 62.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 84.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank z-score in Cyprus?
- Bank z-score in Cyprus was 6.07 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Cyprus?
- The highest recorded value was 10.4 in 2007.
- What is the lowest bank z-score recorded in Cyprus?
- The lowest recorded value was 1.58 in 2011.
- How does Cyprus rank for bank z-score?
- Cyprus ranks 160th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Cyprus?
- Over the last ten years it is up 285.3%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. 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
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.