Total factoring volume to GDP in Cyprus
Cyprus: Total factoring volume to GDP was 15.2% in 2020. ▼ Falling
Total factoring volume to GDP in Cyprus, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
In 2020, total factoring volume to gdp in Cyprus stood at 15.2%.
The figure is up 5.8% on the previous year and down 15.2% over ten years.
Over the whole period, total factoring volume to gdp in Cyprus peaked at 19.0% in 2011 and was at its lowest, 13.2%, in 2015.
That places Cyprus 8th out of 72 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.3% | 17.0% | 17.9% | 3 |
| 2010s | 15.8% | 13.2% | 19.0% | 10 |
| 2020s | 15.2% | 15.2% | 15.2% | 1 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Domestic credit to private sector by banks 56.6% (2024)
- Total reserves in months of imports 0.5319 (2025)
- Net domestic credit 24.91 billion current LCU (2024)
- Net foreign assets 31.88 billion current LCU (2024)
- Monetary Sector credit to private sector 56.7% (2024)
- Claims on central government, etc. 11.6% (2024)
- Domestic credit to private sector 56.7% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 7,749 (2025)
- GDP deflator: linked series 118.99 base year varies by country (2025)
Frequently asked questions
- What is total factoring volume to gdp in Cyprus?
- Total factoring volume to gdp in Cyprus was 15.2% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Cyprus?
- The highest recorded value was 19.0% in 2011.
- What is the lowest total factoring volume to gdp recorded in Cyprus?
- The lowest recorded value was 13.2% in 2015.
- How does Cyprus rank for total factoring volume to gdp?
- Cyprus ranks 8th out of 72 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Cyprus?
- Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.