Credit Card Usage Statistics in Cyprus (2026)
28.1% of adults in Cyprus used a credit card in 2021, World Bank Global Findex data show. Up from 19.8% in 2017 to 28.1% in 2021 (+8.3 percentage points). Cyprus ranks #18 of 46 economies in Europe & Central Asia on this measure, and #31 of 142 globally.
Key Statistics
- Latest value (2021)
- 28.1% (2021)
- Credit Card Usage in Cyprus as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +8.3 pp (2021)
- Up from 19.8% in 2017 to 28.1% in 2021 (+8.3 percentage points).
- Earliest value in this dataset (2014)
- 21.9% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 21.9% in 2014 to 28.1% in 2021.
- Record high (2021)
- 28.1% (2021)
- The 2021 value is the highest in the available World Bank Global Findex series for Cyprus.
- Rank in Europe & Central Asia
- #18 of 46 (2021)
- Cyprus ranks 18 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #31 of 142 (2021)
- Cyprus ranks 31 of 142 countries with data globally.
- Europe & Central Asia average
- 26.3% (2021)
- Cyprus (28.1%) is above the average of 26.3% across the 46 countries in Europe & Central Asia with data.
- Owns a credit card (% age 15+) (2021)
- 32.5% (2021)
- Related indicator from World Bank Global Findex.
- 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, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 28.1% | +8.3 pp |
| 2017 | 19.8% | −2.1 pp |
| 2014 | 21.9% | — |
Frequently asked questions
What share of adults in Cyprus used a credit card?
28.1% of adults in Cyprus used a credit card in 2021, according to World Bank Global Findex data.
How has credit card usage in Cyprus changed over time?
World Bank Global Findex data show a rise from 21.9% in 2014 to 28.1% in 2021.
How does Cyprus compare with other countries in Europe & Central Asia?
Cyprus ranks 18 of 46 countries in Europe & Central Asia with data, with 28.1% versus a regional average of 26.3% (latest values per country).
Where does Cyprus rank globally on credit card usage?
Cyprus ranks 31 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
How recent is the credit card usage data for Cyprus?
The most recent observation is from 2021. World Bank Global Findex data is reported with a lag, so 2021 is the latest available year for Cyprus.
Source & methodology
Source: World Bank Global Findex, indicator
fin22g, 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 .