Consolidated foreign claims of BIS reporting banks to GDP in Cyprus
Cyprus: Consolidated foreign claims of BIS reporting banks to GDP was 122.6% in 2020. ◆ Volatile
Consolidated foreign claims of BIS reporting banks to GDP in Cyprus, 1983–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for consolidated foreign claims of bis reporting banks to gdp in Cyprus is 122.6%, measured in 2020.
Compared with earlier readings it is up 10.1% on the previous year and down 38.7% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Cyprus peaked at 250.8% in 2007 and was at its lowest, 28.7%, in 1983.
That places Cyprus 16th out of 182 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.
Consolidated foreign claims of BIS reporting banks to GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 28.7% | — |
| 1984 | 31.3% | +8.7% |
| 1985 | 41.1% | +31.4% |
| 1986 | 39.4% | -4.0% |
| 1987 | 41.4% | +4.8% |
| 1988 | 44.5% | +7.7% |
| 1989 | 52.0% | +16.8% |
| 1990 | 58.9% | +13.3% |
| 1991 | 58.2% | -1.2% |
| 1992 | 56.3% | -3.3% |
| 1993 | 53.6% | -4.7% |
| 1994 | 50.1% | -6.6% |
| 1995 | 45.7% | -8.8% |
| 1996 | 41.1% | -10.0% |
| 1997 | 56.8% | +38.2% |
| 1998 | 56.1% | -1.3% |
| 1999 | 69.2% | +23.4% |
| 2000 | 94.8% | +37.0% |
| 2001 | 84.4% | -11.0% |
| 2002 | 71.5% | -15.2% |
| 2003 | 101.6% | +42.0% |
| 2004 | 116.2% | +14.4% |
| 2005 | 132.4% | +14.0% |
| 2006 | 184.3% | +39.2% |
| 2007 | 250.8% | +36.0% |
| 2008 | 195.5% | -22.1% |
| 2009 | 231.5% | +18.4% |
| 2010 | 200.0% | -13.6% |
| 2011 | 225.9% | +13.0% |
| 2012 | 242.3% | +7.3% |
| 2013 | 184.9% | -23.7% |
| 2014 | 160.9% | -13.0% |
| 2015 | 168.7% | +4.9% |
| 2016 | 154.5% | -8.5% |
| 2017 | 141.9% | -8.1% |
| 2018 | 125.9% | -11.3% |
| 2019 | 111.4% | -11.5% |
| 2020 | 122.6% | +10.1% |
Cyprus compared with similar countries
- Cyprus's 122.6% is above the median for high income countries, which is 62.0%, 2.0× the median. (60 countries reporting)
- Cyprus's 122.6% is above the median for Europe & Central Asia, which is 52.6%, 2.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 39.8% | 28.7% | 52.0% | 7 |
| 1990s | 54.6% | 41.1% | 69.2% | 10 |
| 2000s | 146.3% | 71.5% | 250.8% | 10 |
| 2010s | 171.6% | 111.4% | 242.3% | 10 |
| 2020s | 122.6% | 122.6% | 122.6% | 1 |
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 consolidated foreign claims of bis reporting banks to gdp in Cyprus?
- Consolidated foreign claims of bis reporting banks to gdp in Cyprus was 122.6% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Cyprus?
- The highest recorded value was 250.8% in 2007.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Cyprus?
- The lowest recorded value was 28.7% in 1983.
- How does Cyprus rank for consolidated foreign claims of bis reporting banks to gdp?
- Cyprus ranks 16th out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Cyprus?
- Over the last ten years it is down 38.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.