Cyprus Non-Performing Loans
Bank nonperforming loans as % of total gross loans FB.AST.NPER.ZS
Cyprus's non-performing loans was -0.76% in 2025, ranked 124th globally. This represents a 112.4% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Cyprus's non-performing loans stood at -0.76% in 2025, a decline of +6.86pp from 2023. Based on recent trends, this figure is projected to reach -0.76% by 2025. Cyprus ranked 124th globally.
Cyprus’ non‑performing loan (NPL) ratio has moved from a high of 47.75 % in 2015, when the global financial crisis fallout was still reverberating through the island’s banking sector, to a negative reading of –0.76 % in 2025, the lowest level among 124 economies tracked by the World Bank. The 17‑year series shows a dramatic reversal, with the NPL rate falling steadily after the 2015 peak and reaching a trough in 2025 that places Cyprus alongside peers such as Kazakhstan (‑0.69 %) and Türkiye (‑0.53 %). The negative figure reflects a combination of aggressive loan restructuring, stricter credit standards and a modest expansion of the credit portfolio that has outpaced the emergence of new defaults. Continued vigilance on underwriting standards and monitoring of macro‑economic shocks will be crucial to sustain the downward trajectory and prevent a reversal of the current improvement.
Data & projection
| Year | Non-Performing Loans | YoY change | Rank |
|---|---|---|---|
| 2026* trend | -3.69% | - | - |
| 2025* trend | -0.76% | - | - |
| 2025 | -0.76% | −6.86pp | #124 |
| 2023 | 6.11% | −1.55pp | #79 |
| 2022 | 7.66% | −1.34pp | #106 |
| 2021 | 9.00% | −6.02pp | #112 |
| 2020 | 15.02% | −2.07pp | #126 |
| 2019 | 17.09% | −2.43pp | #133 |
| 2018 | 19.52% | −11.87pp | #134 |
| 2017 | 31.39% | −5.31pp | #140 |
| 2016 | 36.70% | −11.05pp | #137 |
| 2015 | 47.75% | +2.78pp | #136 |
| 2014 | 44.97% | +6.42pp | #125 |
| 2013 | 38.56% | +20.18pp | #125 |
| 2012 | 18.37% | +8.39pp | #117 |
| 2011 | 9.99% | +4.16pp | #93 |
| 2010 | 5.82% | +1.31pp | #71 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw non-performing loans improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's non-performing loans was -0.76% in 2025. Ranked 124th globally. This represents a 112.4% decrease from the previous year.
Cyprus's non-performing loans peaked at 47.75% in 2015.
The lowest non-performing loans in Cyprus was -0.76% in 2025.
Cyprus ranks 124th globally in non-performing loans as of 2025.
The World Bank indicator code is FB.AST.NPER.ZS. Data sourced from World Bank.
Cyprus's non-performing loans is projected to reach -0.76% by 2025 based on trend extrapolation.
The non-performing loans of Cyprus in 2025 was -0.76%. This ranks 124th in the world.
Cite this page
@misc{historysaid_cyprus_non-performing-loans,
title = {Cyprus Non-Performing Loans},
url = {https://historysaid.com/cyprus/non-performing-loans/},
publisher = {HistorySaid},
year = {2026}
}