Financial Institutions Depth Index in Cyprus
Cyprus: Financial Institutions Depth Index was 0.4597 in 2020. β² Rising
Financial Institutions Depth Index in Cyprus, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Cyprus stood at 0.4597.
That represents a change of up 9.1% on the previous year and up 6.0% over ten years.
Over the whole period, financial institutions depth index in Cyprus peaked at 0.5679 in 1999 and was at its lowest, 0.1939, in 1984.
That places Cyprus 38th out of 183 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2249 | 0.1939 | 0.3189 | 10 |
| 1990s | 0.4199 | 0.3368 | 0.5679 | 10 |
| 2000s | 0.437 | 0.4174 | 0.4924 | 10 |
| 2010s | 0.4495 | 0.4137 | 0.4774 | 10 |
| 2020s | 0.4597 | 0.4597 | 0.4597 | 1 |
Countries ranked near Cyprus
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 depth index in Cyprus?
- Financial institutions depth index in Cyprus was 0.4597 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Cyprus?
- The highest recorded value was 0.5679 in 1999.
- What is the lowest financial institutions depth index recorded in Cyprus?
- The lowest recorded value was 0.1939 in 1984.
- How does Cyprus rank for financial institutions depth index?
- Cyprus ranks 38th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Cyprus?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth 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.