Cyprus Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Cyprus's credit to gdp was 38.44% in 2025, ranked 74th globally. This represents a 32.1% decrease from 2024. Data from World Bank, covering 2001–2025.
Overview
Cyprus's credit to gdp stood at 38.44% in 2025, a decline of +18.21% from 2024. Based on recent trends, this figure is projected to reach 38.44% by 2025. Cyprus ranked 74th globally.
Cyprus's credit to GDP ratio has undergone a significant transformation over the past 25 years. At its peak in 2013, the ratio reached an all-time high of 254.67, a stark contrast to the current situation where it stands at 38.44, ranking 74 globally. This drastic decline is largely attributed to the banking crisis that ravaged the island nation in 2013, leading to a sharp contraction in credit growth. In comparison, other countries in the region have also experienced fluctuations in their credit to GDP ratios, with Jamaica's ratio standing at 41.68, while St. Lucia's ratio is slightly lower at 38.35. The stark difference in Cyprus's credit to GDP ratio compared to its peak suggests a significant shift in the country's financial landscape. A sustained recovery in economic growth and a stable banking sector could potentially reverse the current trend and lead Cyprus's credit to GDP ratio to rise again, while a prolonged economic downturn or regulatory tightening could further exacerbate the decline.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 13.15% | - | - |
| 2026* trend | 25.80% | - | - |
| 2025* trend | 38.44% | - | - |
| 2025 | 38.44% | −18.21% | #74 |
| 2024 | 56.66% | −3.91% | #78 |
| 2023 | 60.57% | −10.24% | #103 |
| 2022 | 70.81% | −16.59% | #122 |
| 2021 | 87.40% | −19.08% | #133 |
| 2020 | 106.47% | −0.21% | #145 |
| 2019 | 106.68% | −28.63% | #153 |
| 2018 | 135.32% | −56.47% | #163 |
| 2017 | 191.78% | −24.46% | #172 |
| 2016 | 216.24% | −27.17% | #177 |
| 2015 | 243.42% | −8.41% | #176 |
| 2014 | 251.83% | −2.84% | #175 |
| 2013 | 254.67% | +5.45% | #175 |
| 2012 | 249.22% | +6.68% | #174 |
| 2011 | 242.54% | +8.29% | #172 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's credit to gdp was 38.44% in 2025. Ranked 74th globally. This represents a 32.1% decrease from the previous year.
Cyprus's credit to gdp peaked at 254.67% in 2013.
The lowest credit to gdp in Cyprus was 38.44% in 2025.
Cyprus ranks 74th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Cyprus's credit to gdp is projected to reach 38.44% by 2025 based on trend extrapolation.
The credit to gdp of Cyprus in 2025 was 38.44%. This ranks 74th in the world.
Cite this page
@misc{historysaid_cyprus_credit-to-gdp,
title = {Cyprus Credit to GDP},
url = {https://historysaid.com/cyprus/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}