Number of Borrowers, Commercial Banks, of Which: Household Sector in Cyprus
Cyprus: Number of Borrowers, Commercial Banks, of Which: Household Sector was 373,344 in 2024. ▲ Rising
Latest (2024)
373,344
Change on year
up 0.9%
World rank
61st
of 89 countries
All-time high
400,224
in 2017
All-time low
302,341
in 2020
Years of data
10
2015–2024
Number of Borrowers, Commercial Banks, of Which: Household Sector in Cyprus, 2015–2024
Source: International Monetary Fund.
Analysis
Cyprus recorded 373,344 for number of borrowers, commercial banks, of which: household sector in 2024.
The figure is up 0.9% on the previous year and up 15.4% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Cyprus peaked at 400,224 in 2017 and was at its lowest, 302,341, in 2020.
Cyprus ranks 61st of 89 countries on this measure, in the middle of the range.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 323,587 | — |
| 2016 | 322,536 | -0.3% |
| 2017 | 400,224 | +24.1% |
| 2018 | 321,326 | -19.7% |
| 2019 | 335,809 | +4.5% |
| 2020 | 302,341 | -10.0% |
| 2021 | 303,117 | +0.3% |
| 2022 | 362,816 | +19.7% |
| 2023 | 370,156 | +2.0% |
| 2024 | 373,344 | +0.9% |
Cyprus compared with similar countries
- Cyprus's 373,344 is below the median for high income countries, which is 2.09 million, 18% of the median. (27 countries reporting)
- Cyprus's 373,344 is below the median for Europe & Central Asia, which is 2.53 million, 15% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 340,696 | 321,326 | 400,224 | 5 |
| 2020s | 342,355 | 302,341 | 373,344 | 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 number of borrowers, commercial banks, of which: household sector in Cyprus?
- Number of borrowers, commercial banks, of which: household sector in Cyprus was 373,344 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Cyprus?
- The highest recorded value was 400,224 in 2017.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Cyprus?
- The lowest recorded value was 302,341 in 2020.
- How does Cyprus rank for number of borrowers, commercial banks, of which: household sector?
- Cyprus ranks 61st out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Cyprus?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.