Number of Depositors, Commercial Banks, of Which: Household Sector in Cyprus

Cyprus: Number of Depositors, Commercial Banks, of Which: Household Sector was 1.38 million in 2024. ▲ Rising

Latest (2024)
1.38 million
Change on year
down 0.0%
World rank
49th
of 72 countries
All-time high
1.42 million
in 2019
All-time low
785,501
in 2015
Years of data
10
2015–2024

Number of Depositors, Commercial Banks, of Which: Household Sector in Cyprus, 2015–2024

0500.0k1.0M1.5M2015201920242015: 785.5k2016: 822.0k2017: 1.3M2018: 1.3M2019: 1.4M2020: 1.4M2021: 1.3M2022: 1.4M2023: 1.4M2024: 1.4M

Source: International Monetary Fund.

Analysis

The most recent figure for number of depositors, commercial banks, of which: household sector in Cyprus is 1.38 million, measured in 2024.

The figure is up 75.1% over ten years.

Over the whole period, number of depositors, commercial banks, of which: household sector in Cyprus peaked at 1.42 million in 2019 and was at its lowest, 785,501, in 2015.

Cyprus ranks 49th of 72 countries on this measure, in the middle of the range.

Number of Depositors, Commercial Banks, of Which: Household Sector in Cyprus, year by year

Annual values for Number of Depositors, Commercial Banks, of Which: Household Sector Depositors in Cyprus, 2015 to 2024.
Year Value Change
2015 785,501
2016 821,982 +4.6%
2017 1.30 million +58.5%
2018 1.31 million +1.0%
2019 1.42 million +8.3%
2020 1.36 million -4.4%
2021 1.31 million -3.8%
2022 1.38 million +5.3%
2023 1.38 million -0.2%
2024 1.38 million -0.0%

Cyprus compared with similar countries

  • Cyprus's 1.38 million is below the median for high income countries, which is 6.11 million, 23% of the median. (16 countries reporting)
  • Cyprus's 1.38 million is below the median for Europe & Central Asia, which is 7.40 million, 19% of the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.13 million 785,501 1.42 million 5
2020s 1.36 million 1.31 million 1.38 million 5

Countries ranked near Cyprus

  1. 46 North Macedonia 1.78 million compare
  2. 47 Cameroon 1.72 million compare
  3. 48 Malawi 1.72 million compare
  4. 50 Kosovo 1.31 million compare
  5. 51 Botswana 1.30 million compare
  6. 52 Togo 1.03 million compare

See the full ranking of 72 places →

More financial sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is number of depositors, commercial banks, of which: household sector in Cyprus?
Number of depositors, commercial banks, of which: household sector in Cyprus was 1.38 million in 2024, according to International Monetary Fund.
What is the highest number of depositors, commercial banks, of which: household sector recorded in Cyprus?
The highest recorded value was 1.42 million in 2019.
What is the lowest number of depositors, commercial banks, of which: household sector recorded in Cyprus?
The lowest recorded value was 785,501 in 2015.
How does Cyprus rank for number of depositors, commercial banks, of which: household sector?
Cyprus ranks 49th out of 72 countries with data for 2024.
Is number of depositors, commercial banks, of which: household sector rising or falling in Cyprus?
Over the last ten years it is up 75.1%. 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 Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.

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Number of Depositors, Commercial Banks, of Which: Household Sector in Cyprus. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-depositors-commercial-banks-of-which-household-sector-depositors/cyprus/

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About this data

Indicator
Number of Depositors, Commercial Banks, of Which: Household Sector Depositors
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
72 places, 1,012 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.