Bank Borrowers Statistics in Cyprus (2026)
In 2023, commercial bank borrowers in Cyprus stood at 322.6 per 1,000 adults, according to World Bank World Development Indicators data. Up from 316.3 per 1,000 adults in 2022 to 322.6 per 1,000 adults in 2023. Cyprus ranks #19 of 27 economies in Europe & Central Asia on this measure, and #34 of 101 globally.
Key Statistics
- Latest value (2023)
- 322.6 per 1,000 adults (2023)
- Bank Borrowers in Cyprus as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +2% (2023)
- Up from 316.3 per 1,000 adults in 2022 to 322.6 per 1,000 adults in 2023.
- CAGR 2015–2023
- −1.9% per year (2023)
- Compound annual growth rate from 377.1 per 1,000 adults in 2015 to 322.6 per 1,000 adults in 2023.
- Earliest value in this dataset (2015)
- 377.1 per 1,000 adults (2015)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 377.1 per 1,000 adults in 2015 to 322.6 per 1,000 adults in 2023.
- Peak value (2017)
- 445.5 per 1,000 adults (2017)
- Highest value in the available series; the 2023 value is 322.6 per 1,000 adults.
- Rank in Europe & Central Asia
- #19 of 27 (2023)
- Cyprus ranks 19 of 27 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #34 of 101 (2023)
- Cyprus ranks 34 of 101 countries with data globally.
- Europe & Central Asia average
- 404.6 per 1,000 adults (2023)
- Cyprus (322.6 per 1,000 adults) is below the average of 404.6 per 1,000 adults across the 27 countries in Europe & Central Asia with data.
- Projected 2026 value
- 304.2 per 1,000 adults (2026)
- Projection based on 7-year trend (CAGR -1.9%); not an official figure.
- Number of borrowers from commercial banks per 1,000 adults (2024)
- 348.8 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Cyprus (2024)
- 89.6% (2024)
- 89.6% of the population in Cyprus used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Cyprus had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 2015–2023
| Year | per 1,000 adults | Change |
|---|---|---|
| 2023 | 323 | +2.0% |
| 2022 | 316 | −0.0% |
| 2021 | 316 | −0.9% |
| 2020 | 319 | −10.7% |
| 2019 | 357 | +1.0% |
| 2018 | 354 | −20.6% |
| 2017 | 446 | +20.5% |
| 2016 | 370 | −1.9% |
| 2015 | 377 | — |
Frequently asked questions
What is the latest figure for commercial bank borrowers in Cyprus?
Commercial bank borrowers in Cyprus stood at 322.6 per 1,000 adults in 2023, according to World Bank World Development Indicators data.
Where does the bank borrowers data for Cyprus come from?
The data comes from the World Bank World Development Indicators (indicator FB.CBK.BRWR.P3). The latest observation for Cyprus is from 2023; the snapshot was retrieved on 2026-06-10.
How has bank borrowers in Cyprus changed over time?
World Bank World Development Indicators data show a decline from 377.1 per 1,000 adults in 2015 to 322.6 per 1,000 adults in 2023.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRWR.P3, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .