Business Investment Financing Statistics in Cyprus (2026)
In 2024, 25.4% of firms in Cyprus used banks to finance investment, according to World Bank World Development Indicators data. Up from 21.4% in 2019 to 25.4% in 2024 (+4 percentage points). Cyprus ranks #29 of 43 economies in Europe & Central Asia on this measure, and #77 of 144 globally.
Key Statistics
- Latest value (2024)
- 25.4% (2024)
- Business Investment Financing in Cyprus as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- +4 pp (2024)
- Up from 21.4% in 2019 to 25.4% in 2024 (+4 percentage points).
- Record high (2024)
- 25.4% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Cyprus.
- Rank in Europe & Central Asia
- #29 of 43 (2024)
- Cyprus ranks 29 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #77 of 144 (2024)
- Cyprus ranks 77 of 144 countries with data globally.
- Europe & Central Asia average
- 29.6% (2024)
- Cyprus (25.4%) is below the average of 29.6% across the 43 countries in Europe & Central Asia with data.
- Firms with a bank loan/line of credit (% of firms) (2024)
- 47.3% (2024)
- Related indicator from World Bank World Development Indicators.
- 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, 2019–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 25.4% | +4.0 pp |
| 2019 | 21.4% | — |
Frequently asked questions
What share of firms in Cyprus used banks to finance investment?
25.4% of firms in Cyprus used banks to finance investment in 2024, according to World Bank World Development Indicators data.
Where does Cyprus rank globally on business investment financing?
Cyprus ranks 77 of 144 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the business investment financing data for Cyprus?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Cyprus.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKS.ZS, 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 .