Bank or similar financial institution account, in laborforce in Cyprus

Cyprus: Bank or similar financial institution account, in laborforce was 98.2% in 2024. ▬ Flat

Latest (2024)
98.2%
Change on year
up 0.4%
World rank
23rd
of 98 countries
All-time high
98.2%
in 2024
All-time low
90.7%
in 2017
Years of data
5
2011–2024

Bank or similar financial institution account, in laborforce in Cyprus, 2011–2024

0204060801002011201720242011: 94.4 % age 15+2014: 96.2 % age 15+2017: 90.7 % age 15+2021: 97.8 % age 15+2024: 98.2 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

In 2024, bank or similar financial institution account, in laborforce in Cyprus stood at 98.2%. That is the highest value across all 5 years on record.

The figure is up 0.4% on the previous year and up 2.1% over ten years.

Over the whole period, bank or similar financial institution account, in laborforce in Cyprus peaked at 98.2% in 2024 and was at its lowest, 90.7%, in 2017.

That places Cyprus 23rd out of 98 countries with data for 2024, putting it in the top quarter.

Bank or similar financial institution account, in laborforce in Cyprus, year by year

Annual values for Bank or similar financial institution account, in laborforce (% age 15+) in Cyprus, 2011 to 2024.
Year % age 15+ Change
2011 94.4%
2014 96.2% +1.9%
2017 90.7% -5.7%
2021 97.8% +7.8%
2024 98.2% +0.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 93.8% 90.7% 96.2% 3
2020s 98.0% 97.8% 98.2% 2

Countries ranked near Cyprus

  1. 20 Ireland 98.6% compare
  2. 21 United States of America 98.5% compare
  3. 22 Sweden 98.5% compare
  4. 24 Poland 98.0% compare
  5. 25 Israel 97.4% compare
  6. 26 Taiwan 97.2% compare

See the full ranking of 110 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is bank or similar financial institution account, in laborforce in Cyprus?
Bank or similar financial institution account, in laborforce in Cyprus was 98.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, in laborforce recorded in Cyprus?
The highest recorded value was 98.2% in 2024.
What is the lowest bank or similar financial institution account, in laborforce recorded in Cyprus?
The lowest recorded value was 90.7% in 2017.
How does Cyprus rank for bank or similar financial institution account, in laborforce?
Cyprus ranks 23rd out of 98 countries with data for 2024.
Is bank or similar financial institution account, in laborforce rising or falling in Cyprus?
Over the last ten years it is up 2.1%. The long-run trend across the full record is flat.
Where does this Cyprus data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, in laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, in laborforce in Cyprus. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-in-laborforce-percent-age-15/cyprus/

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About this data

Indicator
Bank or similar financial institution account, in laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed