Financial Institutions Access Index in Cyprus
Cyprus: Financial Institutions Access Index was 0.5288 in 2020. β¬ Flat
Financial Institutions Access Index in Cyprus, 1980β2020
Source: International Monetary Fund.
Analysis
Cyprus recorded 0.5288 for financial institutions access index in 2020. That is the lowest value across all 41 years on record.
Compared with earlier readings it is down 9.5% on the previous year and down 35.4% over ten years.
Over the whole period, financial institutions access index in Cyprus peaked at 0.8185 in 2010 and was at its lowest, 0.5288, in 2020.
Cyprus ranks 49th of 183 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.68 | 0.6643 | 0.7124 | 10 |
| 1990s | 0.7621 | 0.7192 | 0.8151 | 10 |
| 2000s | 0.7803 | 0.746 | 0.8101 | 10 |
| 2010s | 0.6961 | 0.5841 | 0.8185 | 10 |
| 2020s | 0.5288 | 0.5288 | 0.5288 | 1 |
Countries ranked near Cyprus
- 46 Samoa 0.535 compare
- 47 Romania 0.5331 compare
- 48 Hungary 0.5295 compare
- 50 Brunei Darussalam 0.5267 compare
- 51 North Macedonia, Republic of 0.5154 compare
- 52 Antigua and Barbuda 0.5083 compare
More financial sector data for Cyprus
- Net domestic credit (current LCU), per capita 18,337 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 0.6618 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate -0.4317 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 15.61 million SDR (2025)
- Gold reserves at market value 1.42 billion SDR (2025)
- Reserves excluding gold, foreign exchange 216.14 million SDR (2025)
- Reserves excluding gold 729.85 million SDR (2025)
- Total reserves (gold at market value) 2.15 billion SDR (2025)
- Total reserves (gold at national valuation) 2.13 billion SDR (2025)
- Domestic credit to private sector by banks 56.6% (2024)
Frequently asked questions
- What is financial institutions access index in Cyprus?
- Financial institutions access index in Cyprus was 0.5288 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Cyprus?
- The highest recorded value was 0.8185 in 2010.
- What is the lowest financial institutions access index recorded in Cyprus?
- The lowest recorded value was 0.5288 in 2020.
- How does Cyprus rank for financial institutions access index?
- Cyprus ranks 49th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Cyprus?
- Over the last ten years it is down 35.4%. The long-run trend across the full record is flat.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.