Cyprus: Bank assets to GDP
* indicates monthly or quarterly data series
| Cyprus |
Bank assets, percent of GDP |
|---|---|
| Latest value | 16.62 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1975 - 2021 |
| Average | 84.17 |
| Min - Max | 16.62 - 206.10 |
| Source | The International Monetary Fund |
The latest value from 2021 is 16.62 percent, a decline from 24.3 percent in 2020. In comparison, the world average is 71.17 percent, based on data from 140 countries. Historically, the average for Cyprus from 1975 to 2021 is 84.17 percent. The minimum value, 16.62 percent, was reached in 2021 while the maximum of 206.1 percent was recorded in 2007.
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Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 39.29 | 2021 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 1,438.48 | 2020 | bank accounts |
| Bank branches per 100,000 people | 30.88 | 2020 | bank branches |
| Firms using credit to finance investment | 21.40 | 2019 | percent |
| Small firms with bank credit | 69.30 | 2019 | percent |
| Percent people with credit cards | 32.48 | 2021 | percent |
| Percent people with debit cards | 81.82 | 2021 | percent |
| Domestic credit to the private sector | 110.23 | 2020 | percent |
| Bank credit to the private sector | 65.87 | 2023 | percent |
| Bank assets to GDP | 16.62 | 2021 | percent |
| Financial system deposits, percent of GDP | 166.71 | 2007 | percent |
| Bank credit to government | 24.38 | 2020 | percent |
| Banking system concentration | 84.82 | 2021 | percent |
| Foreign bank assets | 12.00 | 2010 | percent of total bank assets |
| Percent people with bank accounts | 93.13 | 2021 | percent |