Net domestic credit (current LCU), annual growth rate in Cyprus
Cyprus: Net domestic credit (current LCU), annual growth rate was -0.4317 % change on previous year in 2024. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Cyprus, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net domestic credit (current lcu), annual growth rate in Cyprus is -0.4317 % change on previous year, measured in 2024.
That represents a change of up 94.5% on the previous year and up 85.4% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Cyprus peaked at 26.76 % change on previous year in 2008 and was at its lowest, -21.15 % change on previous year, in 2018.
Cyprus ranks 167th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 11.52 % change on previous year | — |
| 2007 | 17.46 % change on previous year | +51.6% |
| 2008 | 26.76 % change on previous year | +53.2% |
| 2009 | 5.75 % change on previous year | -78.5% |
| 2010 | 6.94 % change on previous year | +20.7% |
| 2011 | 6.62 % change on previous year | -4.6% |
| 2012 | 4.68 % change on previous year | -29.2% |
| 2013 | -10.01 % change on previous year | -313.8% |
| 2014 | -2.97 % change on previous year | -70.4% |
| 2015 | 1.56 % change on previous year | -152.6% |
| 2016 | -11.98 % change on previous year | -867.3% |
| 2017 | -3.76 % change on previous year | -68.6% |
| 2018 | -21.15 % change on previous year | +462.6% |
| 2019 | -13.62 % change on previous year | -35.6% |
| 2020 | -3.2 % change on previous year | -76.5% |
| 2021 | -3.45 % change on previous year | +7.7% |
| 2022 | -7.99 % change on previous year | +131.8% |
| 2023 | -7.88 % change on previous year | -1.4% |
| 2024 | -0.4317 % change on previous year | -94.5% |
Cyprus compared with similar countries
- Cyprus's -0.4317 % change on previous year is below the median for high income countries, which is 3.69 % change on previous year. (61 countries reporting)
- Cyprus's -0.4317 % change on previous year is below the median for Europe & Central Asia, which is 4.54 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -867.3% | 1.56 % change on previous year | -11.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.37 % change on previous year | 5.75 % change on previous year | 26.76 % change on previous year | 4 |
| 2010s | -4.37 % change on previous year | -21.15 % change on previous year | 6.94 % change on previous year | 10 |
| 2020s | -4.59 % change on previous year | -7.99 % change on previous year | -0.4317 % change on previous year | 5 |
Countries ranked near Cyprus
- 164 Costa Rica 0.4016 % change on previous year compare
- 165 Spain 0.2467 % change on previous year compare
- 166 Samoa -0.0979 % change on previous year
- 168 Austria -0.4662 % change on previous year compare
- 169 Japan -0.9434 % change on previous year compare
- 170 Papua New Guinea -1.08 % change on previous year compare
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 net domestic credit (current lcu), annual growth rate in Cyprus?
- Net domestic credit (current lcu), annual growth rate in Cyprus was -0.4317 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Cyprus?
- The highest recorded value was 26.76 % change on previous year in 2008.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Cyprus?
- The lowest recorded value was -21.15 % change on previous year in 2018.
- How does Cyprus rank for net domestic credit (current lcu), annual growth rate?
- Cyprus ranks 167th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Cyprus?
- Over the last ten years it is up 85.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.