Domestic credit to private sector in Cyprus
Cyprus: Domestic credit to private sector was 110.2% in 2020. ▲ Rising
Domestic credit to private sector in Cyprus, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Cyprus stood at 110.2%.
Compared with earlier readings it is up 1.6% on the previous year and down 53.1% over ten years.
Over the whole period, domestic credit to private sector in Cyprus peaked at 255.3% in 2013 and was at its lowest, 108.5%, in 2019.
Cyprus ranks 25th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Domestic credit to private sector in Cyprus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 144.4% | — |
| 2002 | 149.5% | +3.5% |
| 2003 | 147.2% | -1.5% |
| 2004 | 147.3% | +0.1% |
| 2005 | 156.7% | +6.3% |
| 2006 | 162.9% | +4.0% |
| 2007 | 180.7% | +10.9% |
| 2008 | 212.2% | +17.5% |
| 2009 | 226.4% | +6.7% |
| 2010 | 234.9% | +3.8% |
| 2011 | 243.2% | +3.6% |
| 2012 | 249.9% | +2.8% |
| 2013 | 255.3% | +2.2% |
| 2014 | 252.6% | -1.1% |
| 2015 | 244.2% | -3.3% |
| 2016 | 217.6% | -10.9% |
| 2017 | 192.4% | -11.6% |
| 2018 | 136.6% | -29.0% |
| 2019 | 108.5% | -20.5% |
| 2020 | 110.2% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 169.7% | 144.4% | 226.4% | 9 |
| 2010s | 213.5% | 108.5% | 255.3% | 10 |
| 2020s | 110.2% | 110.2% | 110.2% | 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 domestic credit to private sector in Cyprus?
- Domestic credit to private sector in Cyprus was 110.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Cyprus?
- The highest recorded value was 255.3% in 2013.
- What is the lowest domestic credit to private sector recorded in Cyprus?
- The lowest recorded value was 108.5% in 2019.
- How does Cyprus rank for domestic credit to private sector?
- Cyprus ranks 25th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Cyprus?
- Over the last ten years it is down 53.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.