Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Cyprus
Cyprus: Number of Loan Accounts, Commercial Banks, of Which: Household Sector was 445,865 in 2024. ▼ Falling
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Cyprus, 2015–2024
Source: International Monetary Fund.
Analysis
In 2024, number of loan accounts, commercial banks, of which: household sector in Cyprus stood at 445,865.
The figure is down 2.0% on the previous year and down 26.4% over ten years.
Over the whole period, number of loan accounts, commercial banks, of which: household sector in Cyprus peaked at 713,922 in 2017 and was at its lowest, 442,737, in 2022.
That places Cyprus 61st out of 100 countries with data for 2024, putting it in the middle of the range.
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 605,623 | — |
| 2016 | 611,907 | +1.0% |
| 2017 | 713,922 | +16.7% |
| 2018 | 594,973 | -16.7% |
| 2019 | 535,834 | -9.9% |
| 2020 | 474,415 | -11.5% |
| 2021 | 454,331 | -4.2% |
| 2022 | 442,737 | -2.6% |
| 2023 | 455,084 | +2.8% |
| 2024 | 445,865 | -2.0% |
Cyprus compared with similar countries
- Cyprus's 445,865 is below the median for high income countries, which is 2.93 million, 15% of the median. (29 countries reporting)
- Cyprus's 445,865 is below the median for Europe & Central Asia, which is 3.53 million, 13% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 612,452 | 535,834 | 713,922 | 5 |
| 2020s | 454,486 | 442,737 | 474,415 | 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 loan accounts, commercial banks, of which: household sector in Cyprus?
- Number of loan accounts, commercial banks, of which: household sector in Cyprus was 445,865 in 2024, according to International Monetary Fund.
- What is the highest number of loan accounts, commercial banks, of which: household sector recorded in Cyprus?
- The highest recorded value was 713,922 in 2017.
- What is the lowest number of loan accounts, commercial banks, of which: household sector recorded in Cyprus?
- The lowest recorded value was 442,737 in 2022.
- How does Cyprus rank for number of loan accounts, commercial banks, of which: household sector?
- Cyprus ranks 61st out of 100 countries with data for 2024.
- Is number of loan accounts, commercial banks, of which: household sector rising or falling in Cyprus?
- Over the last ten years it is down 26.4%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Number of Loan Accounts, Commercial Banks, of Which: Household Sector Loan 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.