Number of Household Sector Deposit Accounts with Commercial Banks per in Cyprus
Cyprus: Number of Household Sector Deposit Accounts with Commercial Banks per was 1,645 in 2024. ▬ Flat
Latest (2024)
1,645
Change on year
down 0.3%
World rank
40th
of 92 countries
All-time high
2,331
in 2017
All-time low
1,421
in 2015
Years of data
10
2015–2024
Number of Household Sector Deposit Accounts with Commercial Banks per in Cyprus, 2015–2024
Source: International Monetary Fund.
Analysis
In 2024, number of household sector deposit accounts with commercial banks per in Cyprus stood at 1,645.
Compared with earlier readings it is down 0.3% on the previous year and up 15.8% over ten years.
Over the whole period, number of household sector deposit accounts with commercial banks per in Cyprus peaked at 2,331 in 2017 and was at its lowest, 1,421, in 2015.
Cyprus ranks 40th of 92 countries on this measure, in the middle of the range.
Number of Household Sector Deposit Accounts with Commercial Banks per in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 1,421 | — |
| 2016 | 1,482 | +4.3% |
| 2017 | 2,331 | +57.2% |
| 2018 | 2,259 | -3.1% |
| 2019 | 2,122 | -6.1% |
| 2020 | 1,972 | -7.1% |
| 2021 | 1,838 | -6.8% |
| 2022 | 1,686 | -8.3% |
| 2023 | 1,650 | -2.1% |
| 2024 | 1,645 | -0.3% |
Cyprus compared with similar countries
- Cyprus's 1,645 is below the median for high income countries, which is 2,317, 71% of the median. (26 countries reporting)
- Cyprus's 1,645 is below the median for Europe & Central Asia, which is 2,516, 65% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,923 | 1,421 | 2,331 | 5 |
| 2020s | 1,758 | 1,645 | 1,972 | 5 |
Countries ranked near Cyprus
- 37 Seychelles 1,776 compare
- 38 Cambodia 1,733 compare
- 39 Montenegro 1,650 compare
- 41 Bulgaria 1,634 compare
- 42 Antigua and Barbuda 1,628 compare
- 43 Bahrain 1,591 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 number of household sector deposit accounts with commercial banks per in Cyprus?
- Number of household sector deposit accounts with commercial banks per in Cyprus was 1,645 in 2024, according to International Monetary Fund.
- What is the highest number of household sector deposit accounts with commercial banks per recorded in Cyprus?
- The highest recorded value was 2,331 in 2017.
- What is the lowest number of household sector deposit accounts with commercial banks per recorded in Cyprus?
- The lowest recorded value was 1,421 in 2015.
- How does Cyprus rank for number of household sector deposit accounts with commercial banks per?
- Cyprus ranks 40th out of 92 countries with data for 2024.
- Is number of household sector deposit accounts with commercial banks per rising or falling in Cyprus?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is flat.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults. 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.