Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Cyprus
Cyprus: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 10.76 billion in 2024. ▲ Rising
Latest (2024)
10.76 billion
Change on year
up 0.6%
World rank
104th
of 134 countries
All-time high
13.50 billion
in 2017
All-time low
6.32 billion
in 2005
Years of data
20
2005–2024
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Cyprus, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding loans, commercial banks, of which: household sector loans in Cyprus stood at 10.76 billion.
The figure is up 0.6% on the previous year and down 6.3% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Cyprus peaked at 13.50 billion in 2017 and was at its lowest, 6.32 billion, in 2005.
Cyprus ranks 104th of 134 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 6.32 billion | — |
| 2006 | 7.56 billion | +19.6% |
| 2007 | 9.01 billion | +19.3% |
| 2008 | 10.98 billion | +21.8% |
| 2009 | 11.61 billion | +5.8% |
| 2010 | 12.58 billion | +8.3% |
| 2011 | 12.98 billion | +3.2% |
| 2012 | 12.87 billion | -0.9% |
| 2013 | 11.74 billion | -8.8% |
| 2014 | 11.48 billion | -2.2% |
| 2015 | 11.18 billion | -2.6% |
| 2016 | 11.15 billion | -0.3% |
| 2017 | 13.50 billion | +21.0% |
| 2018 | 13.50 billion | -0.0% |
| 2019 | 12.85 billion | -4.8% |
| 2020 | 12.47 billion | -3.0% |
| 2021 | 11.52 billion | -7.7% |
| 2022 | 10.98 billion | -4.7% |
| 2023 | 10.70 billion | -2.6% |
| 2024 | 10.76 billion | +0.6% |
Cyprus compared with similar countries
- Cyprus's 10.76 billion is below the median for high income countries, which is 248.79 billion, 4% of the median. (52 countries reporting)
- Cyprus's 10.76 billion is below the median for Europe & Central Asia, which is 271.67 billion, 4% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.10 billion | 6.32 billion | 11.61 billion | 5 |
| 2010s | 12.38 billion | 11.15 billion | 13.50 billion | 10 |
| 2020s | 11.29 billion | 10.70 billion | 12.47 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 loans, commercial banks, of which: household sector loans in Cyprus?
- Outstanding loans, commercial banks, of which: household sector loans in Cyprus was 10.76 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Cyprus?
- The highest recorded value was 13.50 billion in 2017.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Cyprus?
- The lowest recorded value was 6.32 billion in 2005.
- How does Cyprus rank for outstanding loans, commercial banks, of which: household sector loans?
- Cyprus ranks 104th out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Cyprus?
- Over the last ten years it is down 6.3%. 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 Loans, Commercial Banks, of Which: Household Sector Loans. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.