Cyprus: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 23.11 billion Euro as of June 2024, an increase compared to the previous value of 22.97 billion Euro. Historically, the average for Cyprus from November 2005 to June 2024 is 40.78 billion Euro. The minimum of 22.88 billion Euro was recorded in November 2023, while the maximum of 60.72 billion Euro was reached in July 2012.
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* indicates monthly or quarterly data series
- Measure: billion Euro
- Source: Central Bank of Cyprus
| Recent values | Cyprus: Private sector credit, billion currency units |
|---|---|
| 2024 Jun | 23.11 |
| 2024 May | 22.97 |
| 2024 Apr | 22.99 |
| 2024 Mar | 22.98 |
| 2024 Feb | 22.95 |
| 2024 Jan | 22.94 |
| 2023 Dec | 22.91 |
| 2023 Nov | 22.88 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.5 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 0.9002 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 49.30 | 8/2024 | billion |
| Consumer Price Index (CPI) | 119.6700 | 9/2024 | index points |
| Inflation, monthly | -0.18 | 9/2024 | percent |
| Inflation, annual | 1.86 | 9/2024 | percent |
| Private sector credit | 23.11 | 6/2024 | billion |
| Business credit | 12.05 | 6/2024 | billion |
| Household credit | 11.06 | 6/2024 | billion |
| Mortgage credit | 8.67 | 6/2024 | billion |
| Consumer credit | 2.39 | 6/2024 | billion |
| Deposit interest rate | 2.17 | 6/2024 | percent |
| Business credit interest rate | 5.90 | 6/2024 | percent |
| Mortgage credit interest rate | 4.10 | 6/2024 | percent |