Net lending (+) / net borrowing (-) in Cyprus
Cyprus: Net lending (+) / net borrowing (-) was 4.2% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Cyprus, 1975–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in Cyprus stood at 4.2%. That is the highest value across all 50 years on record.
The figure is up 140.7% on the previous year and up 147.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Cyprus peaked at 4.2% in 2024 and was at its lowest, -14.9%, in 2012.
Cyprus ranks 13th of 156 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -5.4% | -6.9% | -2.3% | 5 |
| 1980s | -5.0% | -8.8% | -2.6% | 10 |
| 1990s | -3.4% | -6.1% | -0.6% | 10 |
| 2000s | -2.1% | -5.7% | 3.3% | 10 |
| 2010s | -4.2% | -14.9% | 1.8% | 10 |
| 2020s | 0.3% | -5.7% | 4.2% | 5 |
Countries ranked near Cyprus
- 11 Samoa 4.4% compare
- 12 Denmark 4.2% compare
- 14 Azerbaijan 3.9% compare
- 15 Singapore 3.4% compare
- 16 Kyrgyzstan 3.2% compare
More public sector data for Cyprus
- Arms imports 115.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.9% (2024)
- Taxes on income, profits and capital gains 26.1% (2024)
- Taxes on goods and services 29.1% (2024)
- Net investment in nonfinancial assets 2.4% (2024)
- Interest payments 2.8% (2024)
- Grants and other revenue 9.8% (2024)
- Interest payments 3.1% (2023)
- Other taxes 3.3% (2024)
- Compensation of employees 27.4% (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Cyprus?
- Net lending (+) / net borrowing (-) in Cyprus was 4.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Cyprus?
- The highest recorded value was 4.2% in 2024.
- What is the lowest net lending (+) / net borrowing (-) recorded in Cyprus?
- The lowest recorded value was -14.9% in 2012.
- How does Cyprus rank for net lending (+) / net borrowing (-)?
- Cyprus ranks 13th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Cyprus?
- Over the last ten years it is up 147.2%. 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 Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.