Government guarantees in Cyprus
Cyprus: Government guarantees was 817 Million units of national currency in 2024. ▼ Falling
Government guarantees in Cyprus, 2010–2024
Source: Eurostat. Measured in Million units of national currency.
Analysis
Cyprus recorded 817 Million units of national currency for government guarantees in 2024. That is the lowest value across all 15 years on record.
That represents a change of down 9.1% on the previous year and down 71.1% over ten years.
Over the whole period, government guarantees in Cyprus peaked at 2,872 Million units of national currency in 2013 and was at its lowest, 817 Million units of national currency, in 2024.
That places Cyprus 30th out of 35 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Government guarantees in Cyprus, year by year
| Year | Million units of national currency | Change |
|---|---|---|
| 2010 | 1,425 Million units of national currency | — |
| 2011 | 1,522 Million units of national currency | +6.8% |
| 2012 | 2,806 Million units of national currency | +84.4% |
| 2013 | 2,872 Million units of national currency | +2.3% |
| 2014 | 2,828 Million units of national currency | -1.5% |
| 2015 | 2,735 Million units of national currency | -3.3% |
| 2016 | 1,698 Million units of national currency | -37.9% |
| 2017 | 1,694 Million units of national currency | -0.3% |
| 2018 | 1,556 Million units of national currency | -8.1% |
| 2019 | 1,006 Million units of national currency | -35.3% |
| 2020 | 985.5 Million units of national currency | -2.0% |
| 2021 | 958 Million units of national currency | -2.8% |
| 2022 | 927.1 Million units of national currency | -3.2% |
| 2023 | 898.5 Million units of national currency | -3.1% |
| 2024 | 817 Million units of national currency | -9.1% |
Cyprus compared with similar countries
- Cyprus's 817 Million units of national currency is below the median for Europe & Central Asia, which is 29,327 Million units of national currency, 3% of the median. (26 countries reporting)
- Cyprus's 817 Million units of national currency is below the median for high income countries, which is 29,308 Million units of national currency, 3% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Government guarantees in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +84.4% | 1,522 Million units of national currency | 2,806 Million units of national currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2,014 Million units of national currency | 1,006 Million units of national currency | 2,872 Million units of national currency | 10 |
| 2020s | 917.22 Million units of national currency | 817 Million units of national currency | 985.5 Million units of national currency | 5 |
Countries ranked near Cyprus
- 27 Lithuania 1,004 Million units of national currency compare
- 27 Lithuania 1,004 Million units of national currency compare
- 29 Malta 985.45 Million units of national currency compare
- 31 Latvia 640.17 Million units of national currency compare
- 31 Latvia 640.17 Million units of national currency compare
- 33 Bulgaria 545.83 Million units of national currency compare
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
Frequently asked questions
- What is government guarantees in Cyprus?
- Government guarantees in Cyprus was 817 Million units of national currency in 2024, according to Eurostat.
- What is the highest government guarantees recorded in Cyprus?
- The highest recorded value was 2,872 Million units of national currency in 2013.
- What is the lowest government guarantees recorded in Cyprus?
- The lowest recorded value was 817 Million units of national currency in 2024.
- How does Cyprus rank for government guarantees?
- Cyprus ranks 30th out of 35 countries with data for 2024.
- Is government guarantees rising or falling in Cyprus?
- Over the last ten years it is down 71.1%. 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 Government guarantees. Statizoid updates them automatically from the source API.
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