Interest payments in Cyprus
Cyprus: Interest payments was 399.40 million current LCU in 2024. ◆ Volatile
Latest (2024)
399.40 million current LCU
Change on year
up 4.9%
World rank
135th
of 155 countries
All-time high
628.10 million current LCU
in 2012
All-time low
3.81 million current LCU
in 1972
Years of data
53
1972–2024
Interest payments in Cyprus, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Cyprus stood at 399.40 million current LCU.
Compared with earlier readings it is up 4.9% on the previous year and down 30.1% over ten years.
Over the whole period, interest payments in Cyprus peaked at 628.10 million current LCU in 2012 and was at its lowest, 3.81 million current LCU, in 1972.
That places Cyprus 135th out of 155 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 3.81 million current LCU | — |
| 1973 | 4.60 million current LCU | +20.6% |
| 1974 | 4.17 million current LCU | -9.3% |
| 1975 | 5.07 million current LCU | +21.7% |
| 1976 | 7.06 million current LCU | +39.1% |
| 1977 | 11.24 million current LCU | +59.3% |
| 1978 | 13.00 million current LCU | +15.7% |
| 1979 | 19.12 million current LCU | +47.0% |
| 1980 | 25.10 million current LCU | +31.3% |
| 1981 | 35.83 million current LCU | +42.8% |
| 1982 | 50.51 million current LCU | +41.0% |
| 1983 | 71.68 million current LCU | +41.9% |
| 1984 | 89.62 million current LCU | +25.0% |
| 1985 | 99.47 million current LCU | +11.0% |
| 1986 | 107.22 million current LCU | +7.8% |
| 1987 | 123.82 million current LCU | +15.5% |
| 1988 | 142.65 million current LCU | +15.2% |
| 1989 | 167.15 million current LCU | +17.2% |
| 1990 | 194.92 million current LCU | +16.6% |
| 1991 | 221.23 million current LCU | +13.5% |
| 1992 | 244.89 million current LCU | +10.7% |
| 1993 | 278.07 million current LCU | +13.5% |
| 1994 | 316.96 million current LCU | +14.0% |
| 1995 | 140.00 million current LCU | -55.8% |
| 1996 | 174.70 million current LCU | +24.8% |
| 1997 | 189.10 million current LCU | +8.2% |
| 1998 | 257.30 million current LCU | +36.1% |
| 1999 | 270.50 million current LCU | +5.1% |
| 2000 | 328.20 million current LCU | +21.3% |
| 2001 | 353.10 million current LCU | +7.6% |
| 2002 | 342.60 million current LCU | -3.0% |
| 2003 | 396.60 million current LCU | +15.8% |
| 2004 | 398.90 million current LCU | +0.6% |
| 2005 | 443.00 million current LCU | +11.1% |
| 2006 | 453.70 million current LCU | +2.4% |
| 2007 | 473.50 million current LCU | +4.4% |
| 2008 | 477.90 million current LCU | +0.9% |
| 2009 | 402.70 million current LCU | -15.7% |
| 2010 | 350.00 million current LCU | -13.1% |
| 2011 | 395.90 million current LCU | +13.1% |
| 2012 | 628.10 million current LCU | +58.7% |
| 2013 | 576.10 million current LCU | -8.3% |
| 2014 | 571.30 million current LCU | -0.8% |
| 2015 | 552.30 million current LCU | -3.3% |
| 2016 | 492.80 million current LCU | -10.8% |
| 2017 | 494.60 million current LCU | +0.4% |
| 2018 | 503.80 million current LCU | +1.9% |
| 2019 | 500.70 million current LCU | -0.6% |
| 2020 | 448.20 million current LCU | -10.5% |
| 2021 | 425.70 million current LCU | -5.0% |
| 2022 | 377.30 million current LCU | -11.4% |
| 2023 | 380.90 million current LCU | +1.0% |
| 2024 | 399.40 million current LCU | +4.9% |
Cyprus compared with similar countries
- Cyprus's 399.40 million current LCU is below the median for high income countries, which is 6.90 billion current LCU, 6% of the median. (55 countries reporting)
- Cyprus's 399.40 million current LCU is below the median for Europe & Central Asia, which is 9.50 billion current LCU, 4% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.51 million current LCU | 3.81 million current LCU | 19.12 million current LCU | 8 |
| 1980s | 91.30 million current LCU | 25.10 million current LCU | 167.15 million current LCU | 10 |
| 1990s | 228.77 million current LCU | 140.00 million current LCU | 316.96 million current LCU | 10 |
| 2000s | 407.02 million current LCU | 328.20 million current LCU | 477.90 million current LCU | 10 |
| 2010s | 506.56 million current LCU | 350.00 million current LCU | 628.10 million current LCU | 10 |
| 2020s | 406.30 million current LCU | 377.30 million current LCU | 448.20 million current LCU | 5 |
Countries ranked near Cyprus
- 132 Bosnia and Herzegovina 488.61 million current LCU compare
- 133 Seychelles 448.87 million current LCU compare
- 134 Azerbaijan 445.48 million current LCU compare
- 136 Latvia 390.92 million current LCU compare
- 137 Malta 268.30 million current LCU compare
- 138 Luxembourg 243.70 million current LCU compare
More public sector data for Cyprus
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Cyprus?
- Interest payments in Cyprus was 399.40 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Cyprus?
- The highest recorded value was 628.10 million current LCU in 2012.
- What is the lowest interest payments recorded in Cyprus?
- The lowest recorded value was 3.81 million current LCU in 1972.
- How does Cyprus rank for interest payments?
- Cyprus ranks 135th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Cyprus?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.