Financial burden of the repayment of debts from hire purchases or in Cyprus

Cyprus: Financial burden of the repayment of debts from hire purchases or was 41.7% in 2025. ▼ Falling

Latest (2025)
41.7%
Change on year
down 5.2%
World rank
1st
of 47 countries
All-time high
80.5%
in 2013
All-time low
41.7%
in 2025
Years of data
21
2005–2025

Financial burden of the repayment of debts from hire purchases or in Cyprus, 2005–2025

0204060802005201520252005: 63.8 Percentage2006: 70.1 Percentage2007: 70.2 Percentage2008: 68.9 Percentage2009: 72.7 Percentage2010: 76.5 Percentage2011: 76.1 Percentage2012: 78.7 Percentage2013: 80.5 Percentage2014: 79.9 Percentage2015: 79.7 Percentage2016: 76.9 Percentage2017: 70.3 Percentage2018: 68.2 Percentage2019: 66.6 Percentage2020: 62.5 Percentage2021: 51.9 Percentage2022: 56.6 Percentage2023: 53.7 Percentage2024: 44 Percentage2025: 41.7 Percentage

Source: Eurostat. Measured in Percentage.

Analysis

In 2025, financial burden of the repayment of debts from hire purchases or in Cyprus stood at 41.7%. That is the lowest value across all 21 years on record.

Compared with earlier readings it is down 5.2% on the previous year and down 47.7% over ten years.

Over the whole period, financial burden of the repayment of debts from hire purchases or in Cyprus peaked at 80.5% in 2013 and was at its lowest, 41.7%, in 2025.

Cyprus ranks 1st of 47 countries on this measure, in the top 10%.

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

Financial burden of the repayment of debts from hire purchases or in Cyprus, year by year

Annual values for Financial burden of the repayment of debts from hire purchases or loans in Cyprus, 2005 to 2025.
Year Percentage Change
2005 63.8%
2006 70.1% +9.9%
2007 70.2% +0.1%
2008 68.9% -1.9%
2009 72.7% +5.5%
2010 76.5% +5.2%
2011 76.1% -0.5%
2012 78.7% +3.4%
2013 80.5% +2.3%
2014 79.9% -0.7%
2015 79.7% -0.3%
2016 76.9% -3.5%
2017 70.3% -8.6%
2018 68.2% -3.0%
2019 66.6% -2.3%
2020 62.5% -6.2%
2021 51.9% -17.0%
2022 56.6% +9.1%
2023 53.7% -5.1%
2024 44.0% -18.1%
2025 41.7% -5.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 69.1% 63.8% 72.7% 5
2010s 75.3% 66.6% 80.5% 10
2020s 51.7% 41.7% 62.5% 6

Countries ranked near Cyprus

  1. 2 Italy 40.5% compare
  2. 3 Spain 38.8% compare
  3. 4 Albania 38.6% compare

See the full ranking of 53 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is financial burden of the repayment of debts from hire purchases or in Cyprus?
Financial burden of the repayment of debts from hire purchases or in Cyprus was 41.7% in 2025, according to Eurostat.
What is the highest financial burden of the repayment of debts from hire purchases or recorded in Cyprus?
The highest recorded value was 80.5% in 2013.
What is the lowest financial burden of the repayment of debts from hire purchases or recorded in Cyprus?
The lowest recorded value was 41.7% in 2025.
How does Cyprus rank for financial burden of the repayment of debts from hire purchases or?
Cyprus ranks 1st out of 47 countries with data for 2025.
Is financial burden of the repayment of debts from hire purchases or rising or falling in Cyprus?
Over the last ten years it is down 47.7%. 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 Financial burden of the repayment of debts from hire purchases or loans. Statizoid updates them automatically from the source API.

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Financial burden of the repayment of debts from hire purchases or in Cyprus. Statizoid, drawing on Eurostat. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/financial-burden-of-the-repayment-of-debts-from-hire-purchases-or-loans/cyprus/

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About this data

Indicator
Financial burden of the repayment of debts from hire purchases or loans
Unit
Percentage
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
53 places, 983 data points, 2003–2025
Last refreshed