Account, young in Cyprus

Cyprus: Account, young was 95.3% in 2024. ▲ Rising

Latest (2024)
95.3%
Change on year
up 14.1%
World rank
24th
of 107 countries
All-time high
95.3%
in 2024
All-time low
73.2%
in 2017
Years of data
5
2011–2024

Account, young in Cyprus, 2011–2024

0204060801002011201720242011: 76.8 % ages 15-242014: 74.4 % ages 15-242017: 73.2 % ages 15-242021: 83.5 % ages 15-242024: 95.3 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

The most recent figure for account, young in Cyprus is 95.3%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 14.1% on the previous year and up 28.1% over ten years.

Over the whole period, account, young in Cyprus peaked at 95.3% in 2024 and was at its lowest, 73.2%, in 2017.

Cyprus ranks 24th of 107 countries on this measure, in the top quarter.

Account, young in Cyprus, year by year

Annual values for Account, young (% ages 15-24) in Cyprus, 2011 to 2024.
Year % ages 15-24 Change
2011 76.8%
2014 74.4% -3.1%
2017 73.2% -1.7%
2021 83.5% +14.1%
2024 95.3% +14.1%

Cyprus compared with similar countries

  • Cyprus's 95.3% is below the median for high income countries, which is 95.7%, 100% of the median. (42 countries reporting)
  • Cyprus's 95.3% is above the median for Europe & Central Asia, which is 89.1%, 1.1× the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 74.8% 73.2% 76.8% 3
2020s 89.4% 83.5% 95.3% 2

Countries ranked near Cyprus

  1. 21 Hong Kong 95.9% compare
  2. 22 Mongolia 95.9% compare
  3. 23 New Zealand 95.4% compare
  4. 25 Portugal 93.0% compare
  5. 26 Ukraine 92.9% compare
  6. 27 Iran 91.8% compare

See the full ranking of 119 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is account, young in Cyprus?
Account, young in Cyprus was 95.3% in 2024, according to Global Findex database.
What is the highest account, young recorded in Cyprus?
The highest recorded value was 95.3% in 2024.
What is the lowest account, young recorded in Cyprus?
The lowest recorded value was 73.2% in 2017.
How does Cyprus rank for account, young?
Cyprus ranks 24th out of 107 countries with data for 2024.
Is account, young rising or falling in Cyprus?
Over the last ten years it is up 28.1%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Global Findex database, published as part of Account, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Account, young in Cyprus. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-young-percent-ages-15-24/cyprus/

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About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
119 places, 595 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), young (% ages 15-24)