Credit to government and state-owned enterprises to GDP in Cyprus
Cyprus: Credit to government and state-owned enterprises to GDP was 24.4% in 2020. ◆ Volatile
Credit to government and state-owned enterprises to GDP in Cyprus, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for credit to government and state-owned enterprises to gdp in Cyprus is 24.4%, measured in 2020.
Compared with earlier readings it is up 9.9% on the previous year and up 5.5% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Cyprus peaked at 33.6% in 2012 and was at its lowest, 2.5%, in 1980.
Cyprus ranks 29th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to government and state-owned enterprises to GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 2.5% | — |
| 1981 | 3.2% | +28.4% |
| 1982 | 3.3% | +3.1% |
| 1983 | 3.7% | +12.2% |
| 1984 | 4.2% | +12.2% |
| 1985 | 4.4% | +5.6% |
| 1986 | 4.7% | +6.8% |
| 1987 | 6.1% | +29.6% |
| 1988 | 6.7% | +9.9% |
| 1989 | 6.5% | -2.7% |
| 1990 | 6.9% | +5.2% |
| 1991 | 6.9% | +1.3% |
| 1992 | 6.6% | -5.3% |
| 1993 | 9.4% | +43.3% |
| 1994 | 9.2% | -2.6% |
| 1995 | 6.1% | -33.3% |
| 1996 | 9.2% | +49.9% |
| 1997 | 10.1% | +9.8% |
| 1998 | 9.6% | -4.7% |
| 1999 | 10.3% | +7.0% |
| 2000 | 8.7% | -15.6% |
| 2001 | 13.5% | +55.6% |
| 2002 | 13.1% | -3.2% |
| 2003 | 14.9% | +13.8% |
| 2004 | 13.4% | -10.2% |
| 2005 | 27.8% | +108.2% |
| 2006 | 25.9% | -6.9% |
| 2007 | 25.5% | -1.4% |
| 2008 | 19.2% | -24.9% |
| 2009 | 24.5% | +27.8% |
| 2010 | 23.1% | -5.6% |
| 2011 | 26.6% | +14.9% |
| 2012 | 33.6% | +26.6% |
| 2013 | 30.0% | -10.8% |
| 2014 | 26.0% | -13.4% |
| 2015 | 19.0% | -26.8% |
| 2016 | 17.2% | -9.7% |
| 2017 | 19.2% | +11.6% |
| 2018 | 27.0% | +41.0% |
| 2019 | 22.2% | -17.9% |
| 2020 | 24.4% | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.5% | 2.5% | 6.7% | 10 |
| 1990s | 8.4% | 6.1% | 10.3% | 10 |
| 2000s | 18.6% | 8.7% | 27.8% | 10 |
| 2010s | 24.4% | 17.2% | 33.6% | 10 |
| 2020s | 24.4% | 24.4% | 24.4% | 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 credit to government and state-owned enterprises to gdp in Cyprus?
- Credit to government and state-owned enterprises to gdp in Cyprus was 24.4% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Cyprus?
- The highest recorded value was 33.6% in 2012.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Cyprus?
- The lowest recorded value was 2.5% in 1980.
- How does Cyprus rank for credit to government and state-owned enterprises to gdp?
- Cyprus ranks 29th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Cyprus?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).