Harmonized Euro area rates: Loans, Up to 1 year Outstanding Amounts in Cyprus
Cyprus: Harmonized Euro area rates: Loans, Up to 1 year Outstanding Amounts was 5.73 in 2024. ▼ Falling
Harmonized Euro area rates: Loans, Up to 1 year Outstanding Amounts in Cyprus, 2008–2024
Source: International Monetary Fund.
Analysis
In 2024, harmonized euro area rates: loans, up to 1 year outstanding amounts in Cyprus stood at 5.73.
That represents a change of up 6.2% on the previous year and down 15.5% over ten years.
Over the whole period, harmonized euro area rates: loans, up to 1 year outstanding amounts in Cyprus peaked at 7.15 in 2011 and was at its lowest, 3.44, in 2021.
That places Cyprus 5th out of 23 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Harmonized Euro area rates: Loans, Up to 1 year Outstanding Amounts in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 7.07 | — |
| 2009 | 7.01 | -0.8% |
| 2010 | 6.58 | -6.2% |
| 2011 | 7.15 | +8.8% |
| 2012 | 7.13 | -0.3% |
| 2013 | 7.08 | -0.7% |
| 2014 | 6.78 | -4.3% |
| 2015 | 5.99 | -11.6% |
| 2016 | 5.36 | -10.6% |
| 2017 | 5.17 | -3.5% |
| 2018 | 4.82 | -6.8% |
| 2019 | 4.3 | -10.6% |
| 2020 | 3.79 | -12.0% |
| 2021 | 3.44 | -9.2% |
| 2022 | 3.62 | +5.3% |
| 2023 | 5.39 | +49.0% |
| 2024 | 5.73 | +6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.04 | 7.01 | 7.07 | 2 |
| 2010s | 6.03 | 4.3 | 7.15 | 10 |
| 2020s | 4.39 | 3.44 | 5.73 | 5 |
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 harmonized euro area rates: loans, up to 1 year outstanding amounts in Cyprus?
- Harmonized euro area rates: loans, up to 1 year outstanding amounts in Cyprus was 5.73 in 2024, according to International Monetary Fund.
- What is the highest harmonized euro area rates: loans, up to 1 year outstanding amounts recorded in Cyprus?
- The highest recorded value was 7.15 in 2011.
- What is the lowest harmonized euro area rates: loans, up to 1 year outstanding amounts recorded in Cyprus?
- The lowest recorded value was 3.44 in 2021.
- How does Cyprus rank for harmonized euro area rates: loans, up to 1 year outstanding amounts?
- Cyprus ranks 5th out of 23 countries with data for 2024.
- Is harmonized euro area rates: loans, up to 1 year outstanding amounts rising or falling in Cyprus?
- Over the last ten years it is down 15.5%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Harmonized Euro area rates: Loans, Up to 1 year Outstanding Amounts, Non-financial corporations, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.