Cyprus: Bank overhead cost

The latest value from 2021 is 5.7 percent, an increase from 5.2 percent in 2020. In comparison, the world average is 2.44 percent, based on data from 136 countries. Historically, the average for Cyprus from 2000 to 2021 is 3.2 percent. The minimum value, 1.54 percent, was reached in 2008 while the maximum of 6.17 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Operating expenses of a bank as a share of the value of all assets held. Total assets include total earning assets, cash and due from banks, foreclosed real estate, fixed assets, goodwill, other intangibles, current tax assets, deferred tax assets, discontinued operations and other assets. The numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.