Outstanding Deposits, Commercial Banks, of Which: Household Sector in Cyprus
Cyprus: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 28.41 billion in 2024. ▲ Rising
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Cyprus, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding deposits, commercial banks, of which: household sector in Cyprus is 28.41 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 150.3% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Cyprus peaked at 28.41 billion in 2024 and was at its lowest, 10.08 billion, in 2005.
That places Cyprus 91st out of 127 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 10.08 billion | — |
| 2006 | 10.88 billion | +8.0% |
| 2007 | 12.75 billion | +17.2% |
| 2008 | 13.47 billion | +5.6% |
| 2009 | 12.98 billion | -3.7% |
| 2010 | 13.38 billion | +3.1% |
| 2011 | 13.43 billion | +0.4% |
| 2012 | 13.08 billion | -2.6% |
| 2013 | 11.26 billion | -13.9% |
| 2014 | 11.35 billion | +0.8% |
| 2015 | 11.45 billion | +0.9% |
| 2016 | 12.30 billion | +7.4% |
| 2017 | 23.29 billion | +89.3% |
| 2018 | 23.13 billion | -0.7% |
| 2019 | 23.42 billion | +1.3% |
| 2020 | 24.21 billion | +3.4% |
| 2021 | 25.30 billion | +4.5% |
| 2022 | 26.71 billion | +5.6% |
| 2023 | 27.21 billion | +1.9% |
| 2024 | 28.41 billion | +4.4% |
Cyprus compared with similar countries
- Cyprus's 28.41 billion is below the median for high income countries, which is 396.25 billion, 7% of the median. (51 countries reporting)
- Cyprus's 28.41 billion is below the median for Europe & Central Asia, which is 420.44 billion, 7% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Outstanding Deposits, Commercial Banks, of Which: Household Sector in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +89.3% | 12.30 billion | 23.29 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.03 billion | 10.08 billion | 13.47 billion | 5 |
| 2010s | 15.61 billion | 11.26 billion | 23.42 billion | 10 |
| 2020s | 26.37 billion | 24.21 billion | 28.41 billion | 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 outstanding deposits, commercial banks, of which: household sector in Cyprus?
- Outstanding deposits, commercial banks, of which: household sector in Cyprus was 28.41 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Cyprus?
- The highest recorded value was 28.41 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Cyprus?
- The lowest recorded value was 10.08 billion in 2005.
- How does Cyprus rank for outstanding deposits, commercial banks, of which: household sector?
- Cyprus ranks 91st out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Cyprus?
- Over the last ten years it is up 150.3%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. 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.