Arrears on hire purchase instalments or other loan payments in Cyprus

Cyprus: Arrears on hire purchase instalments or other loan payments was 3.1% in 2025. ▼ Falling

Latest (2025)
3.1%
Change on year
down 6.1%
World rank
12th
of 47 countries
All-time high
22.5%
in 2014
All-time low
3.1%
in 2025
Years of data
21
2005–2025

Arrears on hire purchase instalments or other loan payments in Cyprus, 2005–2025

5101520252005201520252005: 12.8 Percentage2006: 13.3 Percentage2007: 15.3 Percentage2008: 6.4 Percentage2009: 15.3 Percentage2010: 18.3 Percentage2011: 19.1 Percentage2012: 20.4 Percentage2013: 22.1 Percentage2014: 22.5 Percentage2015: 19.1 Percentage2016: 15.6 Percentage2017: 13.5 Percentage2018: 11.1 Percentage2019: 9.2 Percentage2020: 7.5 Percentage2021: 8.3 Percentage2022: 4.6 Percentage2023: 4.6 Percentage2024: 3.3 Percentage2025: 3.1 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

The most recent figure for arrears on hire purchase instalments or other loan payments in Cyprus is 3.1%, measured in 2025. That is the lowest value across all 21 years on record.

The figure is down 6.1% on the previous year and down 83.8% over ten years.

Over the whole period, arrears on hire purchase instalments or other loan payments in Cyprus peaked at 22.5% in 2014 and was at its lowest, 3.1%, in 2025.

That places Cyprus 12th out of 47 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently falling across the 21 years of available data.

Arrears on hire purchase instalments or other loan payments in Cyprus, year by year

Annual values for Arrears on hire purchase instalments or other loan payments in Cyprus, 2005 to 2025.
Year Percentage Change
2005 12.8% —
2006 13.3% +3.9%
2007 15.3% +15.0%
2008 6.4% -58.2%
2009 15.3% +139.1%
2010 18.3% +19.6%
2011 19.1% +4.4%
2012 20.4% +6.8%
2013 22.1% +8.3%
2014 22.5% +1.8%
2015 19.1% -15.1%
2016 15.6% -18.3%
2017 13.5% -13.5%
2018 11.1% -17.8%
2019 9.2% -17.1%
2020 7.5% -18.5%
2021 8.3% +10.7%
2022 4.6% -44.6%
2023 4.6% +0.0%
2024 3.3% -28.3%
2025 3.1% -6.1%

Cyprus compared with similar countries

  • Cyprus's 3.1% is above the median for Europe & Central Asia, which is 2.0%, 1.5× the median. (34 countries reporting)
  • Cyprus's 3.1% is above the median for high income countries, which is 2.1%, 1.5× the median. (31 countries reporting)

Biggest year-on-year movements

Years where Arrears on hire purchase instalments or other loan payments in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 +139.1% 6.4% 15.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.6% 6.4% 15.3% 5
2010s 17.1% 9.2% 22.5% 10
2020s 5.2% 3.1% 8.3% 6

Countries ranked near Cyprus

  1. 9 Norway 4.8% compare
  2. 10 Denmark 4.3% compare
  3. 11 North Macedonia 3.5% compare
  4. 13 Germany 2.9% compare
  5. 13 Hungary 2.9% compare
  6. 15 Estonia 2.7% compare
  7. 15 Estonia 2.7% compare

See the full ranking of 53 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is arrears on hire purchase instalments or other loan payments in Cyprus?
Arrears on hire purchase instalments or other loan payments in Cyprus was 3.1% in 2025, according to Eurostat.
What is the highest arrears on hire purchase instalments or other loan payments recorded in Cyprus?
The highest recorded value was 22.5% in 2014.
What is the lowest arrears on hire purchase instalments or other loan payments recorded in Cyprus?
The lowest recorded value was 3.1% in 2025.
How does Cyprus rank for arrears on hire purchase instalments or other loan payments?
Cyprus ranks 12th out of 47 countries with data for 2025.
Is arrears on hire purchase instalments or other loan payments rising or falling in Cyprus?
Over the last ten years it is down 83.8%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from Eurostat, published as part of Arrears on hire purchase instalments or other loan payments. Statizoid updates them automatically from the source API.

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Arrears on hire purchase instalments or other loan payments in Cyprus. Statizoid, drawing on Eurostat. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/arrears-on-hire-purchase-instalments-or-other-loan-payments/cyprus/

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About this data

Indicator
Arrears on hire purchase instalments or other loan payments
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 995 data points, 2003–2025
Last refreshed