Payment services (sent), credit transfers (Euro, Euro) in Cyprus
Cyprus: Payment services (sent), credit transfers (Euro, Euro) was 479,527 in 2013. ◆ Volatile
Latest (2013)
479,527
Change on year
down 30.3%
World rank
17th
of 22 countries
All-time high
687,992
in 2012
All-time low
1,641
in 2007
Years of data
7
2007–2013
Payment services (sent), credit transfers in Cyprus, 2007–2013
Source: European Central Bank.
Analysis
In 2013, payment services (sent), credit transfers in Cyprus stood at 479,527.
That represents a change of down 30.3% on the previous year and up 29,128.8% over ten years.
Cyprus ranks 17th of 22 countries on this measure, in the bottom quarter.
Payment services (sent), credit transfers (Euro, Euro) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 1,641 | — |
| 2008 | 243,295 | +14729.6% |
| 2009 | 302,860 | +24.5% |
| 2010 | 445,079 | +47.0% |
| 2011 | 412,248 | -7.4% |
| 2012 | 687,992 | +66.9% |
| 2013 | 479,527 | -30.3% |
Cyprus compared with similar countries
- Cyprus's 479,527 is below the median for Europe & Central Asia, which is 4.52 million, 11% of the median. (21 countries reporting)
- Cyprus's 479,527 is below the median for high income countries, which is 3.98 million, 12% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 182,599 | 1,641 | 302,860 | 3 |
| 2010s | 506,212 | 412,248 | 687,992 | 4 |
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 payment services (sent), credit transfers in Cyprus?
- Payment services (sent), credit transfers in Cyprus was 479,527 in 2013, according to European Central Bank.
- What is the highest payment services (sent), credit transfers recorded in Cyprus?
- The highest recorded value was 687,992 in 2012.
- What is the lowest payment services (sent), credit transfers recorded in Cyprus?
- The lowest recorded value was 1,641 in 2007.
- How does Cyprus rank for payment services (sent), credit transfers?
- Cyprus ranks 17th out of 22 countries with data for 2013.
- Is payment services (sent), credit transfers rising or falling in Cyprus?
- Over the last ten years it is up 29,128.8%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from European Central Bank, published as part of Payment services (sent), credit transfers (Euro, Euro). Statizoid updates them automatically from the source API.
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