Claims on central government, etc. (% GDP) in Cyprus
Cyprus: Claims on central government, etc. (% GDP) was 11.6% in 2024. ▼ Falling
Claims on central government, etc. in Cyprus, 2005–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for claims on central government, etc. in Cyprus is 11.6%, measured in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 14.8% on the previous year and down 50.9% over ten years.
Over the whole period, claims on central government, etc. in Cyprus peaked at 35.8% in 2012 and was at its lowest, 11.6%, in 2024.
That places Cyprus 89th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Claims on central government, etc. (% GDP) in Cyprus, year by year
| Year | % GDP | Change |
|---|---|---|
| 2005 | 27.2% | — |
| 2006 | 28.0% | +2.9% |
| 2007 | 22.6% | -19.4% |
| 2008 | 22.5% | -0.6% |
| 2009 | 27.0% | +20.4% |
| 2010 | 26.3% | -2.8% |
| 2011 | 25.8% | -1.8% |
| 2012 | 35.8% | +39.0% |
| 2013 | 29.6% | -17.5% |
| 2014 | 23.6% | -20.2% |
| 2015 | 19.8% | -15.9% |
| 2016 | 15.1% | -23.7% |
| 2017 | 15.3% | +1.4% |
| 2018 | 23.5% | +53.4% |
| 2019 | 20.9% | -11.3% |
| 2020 | 22.6% | +8.0% |
| 2021 | 22.7% | +0.4% |
| 2022 | 17.4% | -23.2% |
| 2023 | 13.6% | -21.9% |
| 2024 | 11.6% | -14.8% |
Cyprus compared with similar countries
- Cyprus's 11.6% is below the median for high income countries, which is 11.8%, 98% of the median. (61 countries reporting)
- Cyprus's 11.6% is above the median for Europe & Central Asia, which is 8.3%, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.5% | 22.5% | 28.0% | 5 |
| 2010s | 23.6% | 15.1% | 35.8% | 10 |
| 2020s | 17.6% | 11.6% | 22.7% | 5 |
Countries ranked near Cyprus
- 86 Netherlands 11.9% compare
- 87 Germany 11.8% compare
- 88 New Zealand 11.7% compare
- 90 Saint Vincent and the Grenadines 11.0% compare
- 91 Kazakhstan 10.5% compare
- 92 Guinea-Bissau 10.4% compare
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 claims on central government, etc. in Cyprus?
- Claims on central government, etc. in Cyprus was 11.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government, etc. recorded in Cyprus?
- The highest recorded value was 35.8% in 2012.
- What is the lowest claims on central government, etc. recorded in Cyprus?
- The lowest recorded value was 11.6% in 2024.
- How does Cyprus rank for claims on central government, etc.?
- Cyprus ranks 89th out of 187 countries with data for 2024.
- Is claims on central government, etc. rising or falling in Cyprus?
- Over the last ten years it is down 50.9%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government, etc. (% GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.