Net domestic credit (current LCU), per square kilometre in Cyprus
Cyprus: Net domestic credit (current LCU), per square kilometre was 2.71 million current LCU per square kilometre in 2023. ▼ Falling
Net domestic credit (current LCU), per square kilometre in Cyprus, 2005–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, net domestic credit (current lcu), per square kilometre in Cyprus stood at 2.71 million current LCU per square kilometre. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 7.9% on the previous year and down 55.0% over ten years.
Over the whole period, net domestic credit (current lcu), per square kilometre in Cyprus peaked at 6.68 million current LCU per square kilometre in 2012 and was at its lowest, 2.71 million current LCU per square kilometre, in 2023.
Cyprus ranks 119th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Net domestic credit (current LCU), per square kilometre in Cyprus, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 2005 | 3.19 million current LCU per square kilometre | — |
| 2006 | 3.55 million current LCU per square kilometre | +11.5% |
| 2007 | 4.17 million current LCU per square kilometre | +17.5% |
| 2008 | 5.29 million current LCU per square kilometre | +26.8% |
| 2009 | 5.60 million current LCU per square kilometre | +5.7% |
| 2010 | 5.98 million current LCU per square kilometre | +6.9% |
| 2011 | 6.38 million current LCU per square kilometre | +6.6% |
| 2012 | 6.68 million current LCU per square kilometre | +4.7% |
| 2013 | 6.01 million current LCU per square kilometre | -10.0% |
| 2014 | 5.83 million current LCU per square kilometre | -3.0% |
| 2015 | 5.92 million current LCU per square kilometre | +1.6% |
| 2016 | 5.21 million current LCU per square kilometre | -12.0% |
| 2017 | 5.02 million current LCU per square kilometre | -3.8% |
| 2018 | 3.96 million current LCU per square kilometre | -21.2% |
| 2019 | 3.42 million current LCU per square kilometre | -13.6% |
| 2020 | 3.31 million current LCU per square kilometre | -3.2% |
| 2021 | 3.19 million current LCU per square kilometre | -3.4% |
| 2022 | 2.94 million current LCU per square kilometre | -8.0% |
| 2023 | 2.71 million current LCU per square kilometre | -7.9% |
Cyprus compared with similar countries
- Cyprus's 2.71 million current LCU per square kilometre is below the median for high income countries, which is 7.15 million current LCU per square kilometre, 38% of the median. (61 countries reporting)
- Cyprus's 2.71 million current LCU per square kilometre is below the median for Europe & Central Asia, which is 4.93 million current LCU per square kilometre, 55% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.36 million current LCU per square kilometre | 3.19 million current LCU per square kilometre | 5.60 million current LCU per square kilometre | 5 |
| 2010s | 5.44 million current LCU per square kilometre | 3.42 million current LCU per square kilometre | 6.68 million current LCU per square kilometre | 10 |
| 2020s | 3.04 million current LCU per square kilometre | 2.71 million current LCU per square kilometre | 3.31 million current LCU per square kilometre | 4 |
Countries ranked near Cyprus
- 116 United States 3.32 million current LCU per square kilometre compare
- 117 Saint Vincent and the Grenadines 3.24 million current LCU per square kilometre compare
- 118 Sao Tome and Principe 2.78 million current LCU per square kilometre compare
- 120 New Zealand 2.28 million current LCU per square kilometre compare
- 121 Slovakia 2.23 million current LCU per square kilometre compare
- 122 Moldova 2.20 million current LCU per square kilometre 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), per square kilometre in Cyprus?
- Net domestic credit (current lcu), per square kilometre in Cyprus was 2.71 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per square kilometre recorded in Cyprus?
- The highest recorded value was 6.68 million current LCU per square kilometre in 2012.
- What is the lowest net domestic credit (current lcu), per square kilometre recorded in Cyprus?
- The lowest recorded value was 2.71 million current LCU per square kilometre in 2023.
- How does Cyprus rank for net domestic credit (current lcu), per square kilometre?
- Cyprus ranks 119th out of 185 countries with data for 2023.
- Is net domestic credit (current lcu), per square kilometre rising or falling in Cyprus?
- Over the last ten years it is down 55.0%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per square kilometre. 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
Net domestic credit (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ Land area (sq. km)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Net domestic credit (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.