Financial soundness indicators in Cyprus

Cyprus: Financial soundness indicators was 2.3% in 2023. ◆ Volatile

Latest (2023)
2.3%
Change on year
up 352.0%
World rank
57th
of 146 countries
All-time high
2.3%
in 2023
All-time low
-4.6%
in 2013
Years of data
16
2008–2023

Financial soundness indicators in Cyprus, 2008–2023

-4-2022008201520232008: 1 %2009: 0.81 %2010: 0.62 %2011: -3.9 %2012: -3.7 %2013: -4.6 %2014: -0.64 %2015: -0.89 %2016: 0.35 %2017: -0.94 %2018: 0.72 %2019: 0.22 %2020: -0.14 %2021: 0.09 %2022: 0.5 %2023: 2.3 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for financial soundness indicators in Cyprus is 2.3%, measured in 2023. That is the highest value across all 16 years on record.

Compared with earlier readings it is up 352.0% on the previous year and up 149.1% over ten years.

Over the whole period, financial soundness indicators in Cyprus peaked at 2.3% in 2023 and was at its lowest, -4.6%, in 2013.

Cyprus ranks 57th of 146 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9% 0.8% 1.0% 2
2010s -1.3% -4.6% 0.7% 10
2020s 0.7% -0.1% 2.3% 4

Countries ranked near Cyprus

  1. 54 Paraguay 2.4% compare
  2. 55 Bulgaria 2.3% compare
  3. 56 Iceland 2.3% compare
  4. 58 North Macedonia 2.2% compare
  5. 59 Lithuania 2.2% compare
  6. 60 Angola 2.2% compare

See the full ranking of 146 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is financial soundness indicators in Cyprus?
Financial soundness indicators in Cyprus was 2.3% in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Cyprus?
The highest recorded value was 2.3% in 2023.
What is the lowest financial soundness indicators recorded in Cyprus?
The lowest recorded value was -4.6% in 2013.
How does Cyprus rank for financial soundness indicators?
Cyprus ranks 57th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Cyprus?
Over the last ten years it is up 149.1%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

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About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)