Bank or similar financial institution account in Cyprus

Cyprus: Bank or similar financial institution account was 96.1% in 2024. ▲ Rising

Latest (2024)
96.1%
Change on year
up 3.2%
World rank
25th
of 115 countries
All-time high
96.1%
in 2024
All-time low
85.2%
in 2011
Years of data
5
2011–2024

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

0204060801002011201720242011: 85.2 % age 15+2014: 90.2 % age 15+2017: 88.7 % age 15+2021: 93.1 % age 15+2024: 96.1 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

Cyprus recorded 96.1% for bank or similar financial institution account in 2024. That is the highest value across all 5 years on record.

The figure is up 3.2% on the previous year and up 6.6% over ten years.

Over the whole period, bank or similar financial institution account in Cyprus peaked at 96.1% in 2024 and was at its lowest, 85.2%, in 2011.

Cyprus ranks 25th of 115 countries on this measure, in the top quarter.

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

Annual values for Bank or similar financial institution account (% age 15+) in Cyprus, 2011 to 2024.
Year % age 15+ Change
2011 85.2%
2014 90.2% +5.8%
2017 88.7% -1.6%
2021 93.1% +5.0%
2024 96.1% +3.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 88.0% 85.2% 90.2% 3
2020s 94.6% 93.1% 96.1% 2

Countries ranked near Cyprus

  1. 22 United States of America 97.0% compare
  2. 23 Republic of Korea 96.7% compare
  3. 24 Malta 96.6% compare
  4. 26 Latvia 95.0% compare
  5. 27 Croatia 92.6% compare
  6. 28 Czechia 92.3% compare

See the full ranking of 127 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is bank or similar financial institution account in Cyprus?
Bank or similar financial institution account in Cyprus was 96.1% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Cyprus?
The highest recorded value was 96.1% in 2024.
What is the lowest bank or similar financial institution account recorded in Cyprus?
The lowest recorded value was 85.2% in 2011.
How does Cyprus rank for bank or similar financial institution account?
Cyprus ranks 25th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Cyprus?
Over the last ten years it is up 6.6%. 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 Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Bank or similar financial institution account in Cyprus. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/cyprus/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/cyprus/">Bank or similar financial institution account in Cyprus</a> — Statizoid

About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 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 similar financial institution, (% age 15+)