Number of Deposit Accounts, Commercial Banks, of Which: Household in Cyprus
Cyprus: Number of Deposit Accounts, Commercial Banks, of Which: Household was 1.87 million in 2024. ▲ Rising
Number of Deposit Accounts, Commercial Banks, of Which: Household in Cyprus, 2015–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of deposit accounts, commercial banks, of which: household in Cyprus is 1.87 million, measured in 2024.
Compared with earlier readings it is up 0.7% on the previous year and up 28.8% over ten years.
Over the whole period, number of deposit accounts, commercial banks, of which: household in Cyprus peaked at 2.46 million in 2017 and was at its lowest, 1.46 million, in 2015.
That places Cyprus 58th out of 94 countries with data for 2024, putting it in the middle of the range.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 1.46 million | — |
| 2016 | 1.54 million | +5.9% |
| 2017 | 2.46 million | +59.4% |
| 2018 | 2.41 million | -1.8% |
| 2019 | 2.30 million | -4.9% |
| 2020 | 2.16 million | -6.0% |
| 2021 | 2.03 million | -5.7% |
| 2022 | 1.88 million | -7.4% |
| 2023 | 1.86 million | -1.2% |
| 2024 | 1.87 million | +0.7% |
Cyprus compared with similar countries
- Cyprus's 1.87 million is below the median for high income countries, which is 6.93 million, 27% of the median. (26 countries reporting)
- Cyprus's 1.87 million is below the median for Europe & Central Asia, which is 9.01 million, 21% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.03 million | 1.46 million | 2.46 million | 5 |
| 2020s | 1.96 million | 1.86 million | 2.16 million | 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 deposit accounts, commercial banks, of which: household in Cyprus?
- Number of deposit accounts, commercial banks, of which: household in Cyprus was 1.87 million in 2024, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Cyprus?
- The highest recorded value was 2.46 million in 2017.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Cyprus?
- The lowest recorded value was 1.46 million in 2015.
- How does Cyprus rank for number of deposit accounts, commercial banks, of which: household?
- Cyprus ranks 58th out of 94 countries with data for 2024.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Cyprus?
- Over the last ten years it is up 28.8%. 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 Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.