Credit to the private sector in Cyprus in 2024 — 56.66%. Ranked 52 in the world out of 143. Since 2001, the indicator has fallen by 87.76 pp.
2001–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Cyprus
| Year | % | Change, pp |
|---|---|---|
| 2024 | 56.66 | −3.91 pp |
| 2023 | 60.57 | −10.24 pp |
| 2022 | 70.81 | −16.59 pp |
| 2021 | 87.4 | −19.08 pp |
| 2020 | 106.47 | −0.21 pp |
| 2019 | 106.68 | −28.63 pp |
| 2018 | 135.32 | −56.47 pp |
| 2017 | 191.78 | −24.46 pp |
| 2016 | 216.24 | −27.17 pp |
| 2015 | 243.42 | −8.41 pp |
| 2014 | 251.83 | −2.84 pp |
| 2013 | 254.67 | +5.45 pp |
| 2012 | 249.22 | +6.68 pp |
| 2011 | 242.54 | +8.29 pp |
| 2010 | 234.25 | +7.9 pp |
| 2009 | 226.36 | +14.15 pp |
| 2008 | 212.21 | +31.53 pp |
| 2007 | 180.68 | +17.74 pp |
| 2006 | 162.94 | +6.26 pp |
| 2005 | 156.68 | +9.34 pp |
| 2004 | 147.34 | +0.14 pp |
| 2003 | 147.2 | −2.3 pp |
| 2002 | 149.49 | +5.07 pp |
| 2001 | 144.42 | — |
The same indicator for neighboring countries — with links to their pages
Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.
Source: World Economic Outlook (IMF), license IMF open data.
