Net domestic credit (current LCU), per unit of GDP in Cyprus
Cyprus: Net domestic credit (current LCU), per unit of GDP was 0.6618 current LCU per US$ of GDP in 2024. ▼ Falling
Net domestic credit (current LCU), per unit of GDP in Cyprus, 2005–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Cyprus recorded 0.6618 current LCU per US$ of GDP for net domestic credit (current lcu), per unit of gdp in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 7.2% on the previous year and down 71.5% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Cyprus peaked at 2.75 current LCU per US$ of GDP in 2015 and was at its lowest, 0.6618 current LCU per US$ of GDP, in 2024.
Cyprus ranks 165th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Net domestic credit (current LCU), per unit of GDP in Cyprus, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 1.6 current LCU per US$ of GDP | — |
| 2006 | 1.64 current LCU per US$ of GDP | +2.4% |
| 2007 | 1.61 current LCU per US$ of GDP | -1.6% |
| 2008 | 1.75 current LCU per US$ of GDP | +8.7% |
| 2009 | 1.98 current LCU per US$ of GDP | +13.5% |
| 2010 | 2.14 current LCU per US$ of GDP | +8.0% |
| 2011 | 2.13 current LCU per US$ of GDP | -0.5% |
| 2012 | 2.46 current LCU per US$ of GDP | +15.5% |
| 2013 | 2.32 current LCU per US$ of GDP | -5.9% |
| 2014 | 2.32 current LCU per US$ of GDP | +0.1% |
| 2015 | 2.75 current LCU per US$ of GDP | +18.5% |
| 2016 | 2.29 current LCU per US$ of GDP | -16.7% |
| 2017 | 2.02 current LCU per US$ of GDP | -11.7% |
| 2018 | 1.42 current LCU per US$ of GDP | -29.7% |
| 2019 | 1.21 current LCU per US$ of GDP | -15.1% |
| 2020 | 1.2 current LCU per US$ of GDP | -0.8% |
| 2021 | 0.9716 current LCU per US$ of GDP | -18.8% |
| 2022 | 0.8698 current LCU per US$ of GDP | -10.5% |
| 2023 | 0.7132 current LCU per US$ of GDP | -18.0% |
| 2024 | 0.6618 current LCU per US$ of GDP | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.72 current LCU per US$ of GDP | 1.6 current LCU per US$ of GDP | 1.98 current LCU per US$ of GDP | 5 |
| 2010s | 2.11 current LCU per US$ of GDP | 1.21 current LCU per US$ of GDP | 2.75 current LCU per US$ of GDP | 10 |
| 2020s | 0.8825 current LCU per US$ of GDP | 0.6618 current LCU per US$ of GDP | 1.2 current LCU per US$ of GDP | 5 |
Countries ranked near Cyprus
- 162 Bahamas 0.6917 current LCU per US$ of GDP compare
- 163 El Salvador 0.6732 current LCU per US$ of GDP compare
- 164 Estonia 0.6693 current LCU per US$ of GDP compare
- 166 Ecuador 0.6372 current LCU per US$ of GDP compare
- 167 Croatia 0.5329 current LCU per US$ of GDP compare
- 168 Bulgaria 0.5186 current LCU per US$ of GDP compare
More financial sector data for Cyprus
- Total reserves (gold at national valuation) (SDR), annual growth rate 33.35 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,557 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 60.58 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 11.41 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0052 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 157.68 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 3.35 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 532.45 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Cyprus?
- Net domestic credit (current lcu), per unit of gdp in Cyprus was 0.6618 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Cyprus?
- The highest recorded value was 2.75 current LCU per US$ of GDP in 2015.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Cyprus?
- The lowest recorded value was 0.6618 current LCU per US$ of GDP in 2024.
- How does Cyprus rank for net domestic credit (current lcu), per unit of gdp?
- Cyprus ranks 165th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Cyprus?
- Over the last ten years it is down 71.5%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.