Deposit money banks'' assets to GDP in Cyprus
Cyprus: Deposit money banks'' assets to GDP was 16.6% in 2021. ◆ Volatile
Deposit money banks'' assets to GDP in Cyprus, 1975–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Cyprus is 16.6%, measured in 2021. That is the lowest value across all 47 years on record.
That represents a change of down 31.6% on the previous year and down 37.5% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Cyprus peaked at 206.1% in 2007 and was at its lowest, 16.6%, in 2021.
Cyprus ranks 173rd of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit money banks'' assets to GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 87.4% | — |
| 1976 | 78.9% | -9.7% |
| 1977 | 73.9% | -6.4% |
| 1978 | 72.0% | -2.5% |
| 1979 | 68.3% | -5.2% |
| 1980 | 65.8% | -3.7% |
| 1981 | 65.9% | +0.2% |
| 1982 | 65.5% | -0.6% |
| 1983 | 66.2% | +1.1% |
| 1984 | 64.5% | -2.6% |
| 1985 | 67.0% | +3.9% |
| 1986 | 69.3% | +3.4% |
| 1987 | 72.0% | +3.9% |
| 1988 | 101.5% | +40.9% |
| 1989 | 105.5% | +4.0% |
| 1990 | 111.4% | +5.6% |
| 1991 | 121.7% | +9.3% |
| 1992 | 122.1% | +0.3% |
| 1993 | 135.0% | +10.6% |
| 1994 | 136.9% | +1.4% |
| 1995 | 124.7% | -8.9% |
| 1996 | 140.3% | +12.5% |
| 1997 | 149.1% | +6.3% |
| 1998 | 152.3% | +2.1% |
| 1999 | 165.9% | +8.9% |
| 2000 | 166.2% | +0.2% |
| 2001 | 98.0% | -41.0% |
| 2002 | 100.6% | +2.6% |
| 2003 | 101.0% | +0.5% |
| 2004 | 99.6% | -1.4% |
| 2005 | 184.4% | +85.1% |
| 2006 | 188.7% | +2.4% |
| 2007 | 206.1% | +9.2% |
| 2008 | 19.2% | -90.7% |
| 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 | 24.3% | +9.6% |
| 2021 | 16.6% | -31.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 76.1% | 68.3% | 87.4% | 5 |
| 1980s | 74.3% | 64.5% | 105.5% | 10 |
| 1990s | 135.9% | 111.4% | 165.9% | 10 |
| 2000s | 118.8% | 19.2% | 206.1% | 10 |
| 2010s | 24.4% | 17.2% | 33.6% | 10 |
| 2020s | 20.5% | 16.6% | 24.3% | 2 |
Countries ranked near Cyprus
- 170 Comoros 17.3% compare
- 171 Tanzania, United Republic of 17.2% compare
- 172 Liberia 16.8% compare
- 174 Nigeria 16.4% compare
- 175 Equatorial Guinea 16.4% compare
- 176 Timor-Leste 15.3% 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 deposit money banks'' assets to gdp in Cyprus?
- Deposit money banks'' assets to gdp in Cyprus was 16.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Cyprus?
- The highest recorded value was 206.1% in 2007.
- What is the lowest deposit money banks'' assets to gdp recorded in Cyprus?
- The lowest recorded value was 16.6% in 2021.
- How does Cyprus rank for deposit money banks'' assets to gdp?
- Cyprus ranks 173rd out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Cyprus?
- Over the last ten years it is down 37.5%. 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 Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).