Financial system deposits to GDP in Cyprus
Cyprus: Financial system deposits to GDP was 166.7% in 2007. β² Rising
Financial system deposits to GDP in Cyprus, 1975β2007
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2007, financial system deposits to gdp in Cyprus stood at 166.7%. That is the highest value across all 33 years on record.
The figure is up 10.2% on the previous year and up 23.0% over ten years.
Over the whole period, financial system deposits to gdp in Cyprus peaked at 166.7% in 2007 and was at its lowest, 61.2%, in 1980.
Cyprus ranks 7th of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73.1% | 64.2% | 83.8% | 5 |
| 1980s | 71.3% | 61.2% | 103.6% | 10 |
| 1990s | 127.2% | 107.7% | 148.3% | 10 |
| 2000s | 122.9% | 89.6% | 166.7% | 8 |
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 system deposits to gdp in Cyprus?
- Financial system deposits to gdp in Cyprus was 166.7% in 2007, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Cyprus?
- The highest recorded value was 166.7% in 2007.
- What is the lowest financial system deposits to gdp recorded in Cyprus?
- The lowest recorded value was 61.2% in 1980.
- How does Cyprus rank for financial system deposits to gdp?
- Cyprus ranks 7th out of 184 countries with data for 2007.
- Is financial system deposits to gdp rising or falling in Cyprus?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions 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 demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMFβs International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).