Bank or similar financial institution account, poorest 40% in Cyprus

Cyprus: Bank or similar financial institution account, poorest 40% was 94.2% in 2024. ▲ Rising

Latest (2024)
94.2%
Change on year
up 3.8%
World rank
22nd
of 102 countries
All-time high
94.2%
in 2024
All-time low
77.8%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, poorest 40% in Cyprus, 2011–2024

0204060801002011201720242011: 77.8 % age 15+2014: 88 % age 15+2017: 83.8 % age 15+2021: 90.8 % age 15+2024: 94.2 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, poorest 40% in Cyprus stood at 94.2%. That is the highest value across all 5 years on record.

The figure is up 3.8% on the previous year and up 7.0% over ten years.

Over the whole period, bank or similar financial institution account, poorest 40% in Cyprus peaked at 94.2% in 2024 and was at its lowest, 77.8%, in 2011.

Cyprus ranks 22nd of 102 countries on this measure, in the top quarter.

Bank or similar financial institution account, poorest 40% in Cyprus, year by year

Annual values for Bank or similar financial institution account, poorest 40% (% age 15+) in Cyprus, 2011 to 2024.
Year % age 15+ Change
2011 77.8%
2014 88.0% +13.1%
2017 83.8% -4.8%
2021 90.8% +8.3%
2024 94.2% +3.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 83.2% 77.8% 88.0% 3
2020s 92.5% 90.8% 94.2% 2

Countries ranked near Cyprus

  1. 19 Sweden 96.6% compare
  2. 20 United States of America 95.6% compare
  3. 21 Korea 94.2% compare
  4. 23 Malta 93.4% compare
  5. 24 Latvia 91.6% compare
  6. 25 Chinese Taipei 91.6% compare

See the full ranking of 114 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is bank or similar financial institution account, poorest 40% in Cyprus?
Bank or similar financial institution account, poorest 40% in Cyprus was 94.2% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, poorest 40% recorded in Cyprus?
The highest recorded value was 94.2% in 2024.
What is the lowest bank or similar financial institution account, poorest 40% recorded in Cyprus?
The lowest recorded value was 77.8% in 2011.
How does Cyprus rank for bank or similar financial institution account, poorest 40%?
Cyprus ranks 22nd out of 102 countries with data for 2024.
Is bank or similar financial institution account, poorest 40% rising or falling in Cyprus?
Over the last ten years it is up 7.0%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, poorest 40% in Cyprus. Statizoid. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-poorest-40-percent-percent-age-15/cyprus/

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About this data

Indicator
Bank or similar financial institution account, poorest 40% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed