Cyprus - Credit to GDP 2024
56.66%
−3.91% from 2023
Cyprus's credit to gdp was 56.66% in 2024, decreased +3.91% from 60.57% in 2023. This was the 78th highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | 3.4% |
| 2nd | Sierra Leone | 3.97% | 22.6% |
| 3rd | Haiti | 4.11% | -20.4% |
| 4th | Angola | 7.28% | -3.8% |
| 5th | Niger | 10.20% | -7.8% |
| 6th | Guinea-Bissau | 10.63% | -13.5% |
| 7th | Pakistan | 11.47% | -4.6% |
| 8th | Libya | 13.04% | 6.7% |
| 9th | Iraq | 13.96% | 11.2% |
| 10th | Uganda | 14.30% | -3.5% |
| 11th | Guyana | 14.95% | -25.0% |
| 12th | Argentina | 15.12% | -1.6% |
| 13th | Madagascar | 16.64% | -2.7% |
| 14th | Tanzania | 16.75% | 2.2% |
| 15th | Suriname | 17.02% | 2.5% |
| 16th | Mozambique | 17.60% | -5.0% |
| 17th | Benin | 18.98% | 2.0% |
| 18th | Algeria | 19.03% | 1.0% |
| 19th | Eswatini | 21.62% | 1.5% |
| 20th | Mali | 22.41% | -3.4% |
| 21st | Côte d'Ivoire | 22.52% | 2.8% |
| 22nd | Rwanda | 22.61% | 1.1% |
| 23rd | Romania | 22.73% | -2.2% |
| 24th | Djibouti | 23.10% | 5.9% |
| 25th | Kyrgyz Republic | 23.16% | 16.1% |
| 26th | Ireland | 23.78% | -5.7% |
| 27th | Togo | 25.35% | -2.7% |
| 28th | Lesotho | 25.58% | 2.9% |
| 29th | Azerbaijan | 26.39% | 14.1% |
| 30th | Burkina Faso | 27.16% | -14.9% |
| 31st | Kazakhstan | 27.28% | 4.7% |
| 32nd | Egypt, Arab Republic of | 27.57% | -5.8% |
| 33rd | Senegal | 29.23% | -7.0% |
| 34th | Moldova | 29.33% | 14.7% |
| 35th | Latvia | 29.54% | 3.4% |
| 36th | Nicaragua | 29.73% | -0.9% |
| 37th | Uruguay | 31.08% | 8.8% |
| 38th | Dominican Republic | 31.92% | 3.5% |
| 39th | Hungary | 32.44% | -1.3% |
| 40th | Serbia | 32.64% | -1.2% |
| 41st | Botswana | 32.93% | 9.5% |
| 42nd | Uzbekistan | 33.20% | -3.4% |
| 43rd | Poland | 33.59% | -3.2% |
| 44th | Solomon Islands | 33.68% | -3.2% |
| 45th | Albania | 34.06% | 4.9% |
| 46th | Mexico | 34.59% | 4.3% |
| 47th | Timor-Leste | 34.79% | 46.9% |
| 48th | Tonga | 34.80% | -2.4% |
| 49th | Slovenia | 35.42% | -2.5% |
| 50th | Maldives | 35.69% | -0.4% |
| 51st | Bangladesh | 35.81% | -4.9% |
| 52nd | Lithuania | 35.97% | 4.6% |
| 53rd | Indonesia | 36.39% | 1.1% |
| 54th | St. Vincent and the Grenadines | 36.66% | -7.7% |
| 55th | Guatemala | 36.78% | -0.9% |
| 56th | Brunei Darussalam | 37.71% | 1.7% |
| 57th | Antigua and Barbuda | 38.55% | 1.4% |
| 58th | Dominica | 39.39% | -5.7% |
| 59th | Colombia | 39.53% | -5.1% |
| 60th | Belize | 41.28% | -1.8% |
| 61st | Türkiye | 43.02% | -12.0% |
| 62nd | Jamaica | 45.13% | 1.3% |
| 63rd | Montenegro | 45.27% | 6.8% |
| 64th | Croatia | 46.86% | 0.9% |
| 65th | Bulgaria | 47.07% | 3.8% |
| 66th | Czechia | 48.03% | 0.6% |
| 67th | Bosnia and Herzegovina | 48.27% | 1.9% |
| 68th | Trinidad and Tobago | 48.38% | 6.3% |
| 69th | Greece | 48.54% | -1.4% |
| 70th | Philippines | 49.81% | 3.1% |
| 71st | St. Lucia | 50.72% | 0.2% |
| 72nd | Bhutan | 51.90% | -27.4% |
| 73rd | Costa Rica | 51.96% | 1.6% |
| 74th | North Macedonia | 53.93% | 3.6% |
| 75th | Grenada | 54.85% | 7.6% |
| 76th | Ecuador | 56.18% | 3.1% |
| 77th | Vanuatu | 56.33% | 5.2% |
| 78th | Cyprus | 56.66% | -6.5% |
| 79th | Paraguay | 57.49% | 9.8% |
| 80th | Bolivia, Plurinational State of | 59.24% | -1.6% |
| 81st | Slovak Republic | 59.65% | -2.9% |
| 82nd | Italy | 60.37% | -4.4% |
| 83rd | Estonia | 60.54% | 5.0% |
| 84th | Tunisia | 60.61% | -3.4% |
| 85th | Kosovo | 61.00% | 10.4% |
| 86th | Malta | 61.92% | -3.6% |
| 87th | El Salvador | 62.49% | 0.9% |
| 88th | St. Kitts and Nevis | 63.71% | 3.2% |
| 89th | Armenia | 64.38% | 16.2% |
| 90th | Georgia | 68.08% | 3.1% |
| 91st | Belgium | 68.10% | -1.7% |
| 92nd | West Bank and Gaza | 68.54% | 24.5% |
| 93rd | Mauritius | 69.87% | 0.0% |
| 94th | Samoa | 69.94% | -5.7% |
| 95th | Spain | 74.22% | -5.3% |
| 96th | European Union | 75.58% | -3.7% |
| 97th | Brazil | 75.62% | 6.4% |
| 98th | Portugal | 77.21% | -3.8% |
| 99th | Honduras | 78.22% | 3.4% |
| 100th | Jordan | 80.16% | -2.0% |
| 101st | Austria | 81.77% | -2.8% |
| 102nd | Netherlands | 82.33% | -3.7% |
| 103rd | Luxembourg | 85.14% | -8.6% |
| 104th | Iceland | 90.90% | 2.9% |
| 105th | Finland | 92.03% | -1.3% |
| 106th | Nepal | 92.11% | 0.6% |
| 107th | Chile | 103.39% | -5.6% |
| 108th | France | 107.58% | -4.4% |
| 109th | United Kingdom | 112.66% | -4.5% |
| 110th | Fiji | 115.35% | 1.5% |
| 111th | Malaysia | 116.10% | -0.9% |
| 112th | Qatar | 119.38% | 3.2% |
| 113th | Cambodia | 124.66% | -4.2% |
| 114th | Sweden | 125.52% | -2.8% |
| 115th | Norway | 128.87% | 1.1% |
| 116th | Australia | 129.32% | 1.9% |
| 117th | Macao SAR, China | 129.63% | -11.6% |
| 118th | Denmark | 144.09% | -2.3% |
| 119th | Thailand | 147.98% | -4.0% |
| 120th | Korea | 160.35% | -1.9% |
| 121st | China | 194.17% | 2.4% |
| 122nd | Japan | 196.80% | 0.8% |
| 123rd | United States | 200.88% | 2.7% |
| 124th | Hong Kong SAR, China | 231.04% | -7.1% |
FAQ
What was Cyprus's credit to gdp in 2024?▾
Cyprus's credit to gdp in 2024 was 56.66%. This ranked 78th globally.
How did Cyprus's credit to gdp change in 2024?▾
Cyprus's credit to gdp decreased by 6.5% in 2024 compared to 2023.
Which country had the highest credit to gdp in 2024?▾
Hong Kong SAR, China had the highest credit to gdp in 2024 at 231.04%.
What is the credit to gdp of Cyprus in 2024?▾
The credit to gdp of Cyprus in 2024 was 56.66%. This ranked 78th globally.
How does 2024 compare to 2023 for Cyprus's credit to gdp?▾
Cyprus's credit to gdp went from 60.57% in 2023 to 56.66% in 2024, a 6.5% decrease.
Related
2023
2025
All years
Full ranking 2024
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2013
Lowest: 2025
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
vs Guam
vs Italy
vs European Union
vs Sint Maarten (Dutch part)
European Union Credit to GDP
Global Ranking