Bank or similar financial institution account, out of laborforce in Cyprus

Cyprus: Bank or similar financial institution account, out of laborforce was 91.8% in 2024. ▲ Rising

Latest (2024)
91.8%
Change on year
up 7.3%
World rank
24th
of 98 countries
All-time high
91.8%
in 2024
All-time low
74.8%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 74.8 % age 15+2014: 82.5 % age 15+2017: 86 % age 15+2021: 85.6 % age 15+2024: 91.8 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, out of laborforce in Cyprus stood at 91.8%. That is the highest value across all 5 years on record.

The figure is up 7.3% on the previous year and up 11.3% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Cyprus peaked at 91.8% in 2024 and was at its lowest, 74.8%, in 2011.

Cyprus ranks 24th of 98 countries on this measure, in the top quarter.

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

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Cyprus, 2011 to 2024.
Year % age 15+ Change
2011 74.8%
2014 82.5% +10.3%
2017 86.0% +4.2%
2021 85.6% -0.5%
2024 91.8% +7.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 81.1% 74.8% 86.0% 3
2020s 88.7% 85.6% 91.8% 2

Countries ranked near Cyprus

  1. 21 Malta 92.6% compare
  2. 22 Chinese Taipei 92.5% compare
  3. 23 Latvia 92.1% compare
  4. 25 Iran, Islamic Republic of 88.2% compare
  5. 26 Czechia 87.5% compare
  6. 27 Thailand 85.9% 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, out of laborforce in Cyprus?
Bank or similar financial institution account, out of laborforce in Cyprus was 91.8% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Cyprus?
The highest recorded value was 91.8% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Cyprus?
The lowest recorded value was 74.8% in 2011.
How does Cyprus rank for bank or similar financial institution account, out of laborforce?
Cyprus ranks 24th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Cyprus?
Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Cyprus. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/cyprus/

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About this data

Indicator
Bank or similar financial institution account, out of 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