Cyprus Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Cyprus's gross savings was 11.31% in 2025, ranked 143rd globally. This represents a 9.3% decrease from 2024. Data from World Bank, covering 1976–2025.
Overview
Cyprus's gross savings stood at 11.31% in 2025, a decline of +1.17% from 2024. The IMF projects 11.31% by 2025. Cyprus ranked 143rd globally.
Cyprus’ gross savings ratio has fallen markedly from an early‑period high of 16.63 % in 1976 to an all‑time peak of 26.91 % in 1986, before sliding to a trough of 9.18 % in 2014 and rising only modestly to 11.31 % in 2025, ranking 143rd globally. The post‑peak decline mirrors the fiscal pressures of the 2008‑2013 sovereign debt crisis, which eroded household and corporate capacity to set aside income. While the 2025 figure remains slightly above the Democratic Republic of Congo’s 11.09 % and close to Mozambique’s 11.37 %, it lags behind Rwanda’s 11.42 %, indicating that Cyprus’ savings depth is still modest relative to peers with similar rankings. The limited rebound suggests that without structural reforms to boost disposable income and improve financial inclusion, the savings ratio is likely to remain confined to the low‑teens, constraining domestic investment potential.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 11.12% | - | - |
| 2029* IMF | 11.22% | - | - |
| 2028* IMF | 11.34% | - | - |
| 2027* IMF | 11.24% | - | - |
| 2026* IMF | 11.38% | - | - |
| 2025* IMF | 11.31% | - | - |
| 2025 | 11.31% | −1.17% | #143 |
| 2024 | 12.47% | +3.18% | #145 |
| 2023 | 11.74% | −1.60% | #156 |
| 2022 | 13.71% | −0.45% | #155 |
| 2021 | 14.16% | +3.21% | #149 |
| 2020 | 10.95% | −3.03% | #158 |
| 2019 | 13.98% | −1.09% | #156 |
| 2018 | 15.06% | −0.31% | #145 |
| 2017 | 15.37% | +2.27% | #141 |
| 2016 | 13.10% | +0.05% | #153 |
| 2015 | 13.05% | +3.87% | #147 |
| 2014 | 9.18% | −1.87% | #167 |
| 2013 | 11.06% | −1.02% | #151 |
| 2012 | 12.07% | −4.27% | #148 |
| 2011 | 16.35% | +3.28% | #127 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's gross savings was 11.31% in 2025. Ranked 143rd globally. This represents a 9.3% decrease from the previous year.
Cyprus's gross savings peaked at 26.91% in 1986.
The lowest gross savings in Cyprus was 9.18% in 2014.
Cyprus ranks 143rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Cyprus's gross savings is projected to reach 11.31% by 2025 based on IMF projection.
The gross savings of Cyprus in 2025 was 11.31%. This ranks 143rd in the world.
Cite this page
@misc{historysaid_cyprus_gross-savings,
title = {Cyprus Gross Savings},
url = {https://historysaid.com/cyprus/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}