Cyprus Government Debt: % of GDP
2010 - 2024 | Quarterly | % | CEIC Data
Key information about Cyprus Government Debt: % of GDP
- Cyprus Government debt accounted for 65.4 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 69.4 % in the previous quarter.
- Cyprus government debt to GDP ratio data is updated quarterly, available from Dec 2010 to Dec 2024.
- The data reached an all-time high of 117.5 % in Mar 2021 and a record low of 59.3 % in Dec 2010.
CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Statistical Service of Cyprus provides Government Debt in EUR and Nominal GDP in EUR.
Related information about Cyprus Government Debt: % of GDP
- In the latest reports, Cyprus National Government Debt reached 22.7 USD bn in Jan 2025.
- The country's Nominal GDP reached 7.6 USD bn in Mar 2023.
View Cyprus's Government Debt: % of GDP from Dec 2010 to Dec 2024 in the chart:
What was Cyprus's Government Debt: % of GDP in Dec 2024?
Cyprus Government debt accounted for 65.4 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 69.4 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 65.4 Dec 2024 | 69.4 Sep 2024 | 59.3 Dec 2010 | 117.5 Mar 2021 | % | quarterly | Dec 2010 - Dec 2024 |
Government Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 52.6 Sep 2024 | quarterly | Sep 2010 - Sep 2024 |
| Algeria (%) | 48.9 2023 | yearly | 1997 - 2023 |
| Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
| Armenia (%) | 50.3 Dec 2024 | quarterly | Dec 2013 - Dec 2024 |
| Australia (%) | 38.0 2023 | yearly | 1999 - 2023 |
| Austria (%) | 83.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 90.7 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Bangladesh (%) | 26.6 2024 | yearly | 2010 - 2024 |
| Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 105.6 Sep 2024 | quarterly | Dec 1980 - Sep 2024 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 19.1 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 23.3 Sep 2024 | quarterly | Jun 2014 - Sep 2024 |
| Brazil (%) | 76.1 Dec 2024 | quarterly | Dec 2006 - Dec 2024 |
| Bulgaria (%) | 22.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Cambodia (%) | 25.3 2022 | yearly | 2013 - 2022 |
| Canada (%) | 69.4 2024 | yearly | 1962 - 2024 |
| Chile (%) | 44.0 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| China (%) | 25.6 Dec 2024 | quarterly | Mar 2014 - Dec 2024 |
| Colombia (%) | 61.8 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Croatia (%) | 59.7 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Cyprus (%) | 65.4 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Czech Republic (%) | 43.7 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Denmark (%) | 33.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Ecuador (%) | 67.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
| Estonia (%) | 23.9 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| European Union (%) | 81.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Finland (%) | 82.1 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Georgia (%) | 37.2 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Germany (%) | 62.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Ghana (%) | 72.3 2023 | yearly | 2006 - 2023 |
| Greece (%) | 158.3 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Hong Kong SAR, China (%) | 49.1 2024 | yearly | 2003 - 2024 |
| Hungary (%) | 73.6 Dec 2024 | quarterly | Dec 1990 - Dec 2024 |
| Iceland (%) | 63.9 2023 | yearly | 1998 - 2023 |
| India (%) | 57.2 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Indonesia (%) | 38.9 Sep 2024 | quarterly | Jun 2015 - Sep 2024 |
| Iran (%) | 7.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Ireland (%) | 42.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Israel (%) | 60.3 2023 | yearly | 1995 - 2023 |
| Italy (%) | 135.3 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 216.3 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Jordan (%) | 91.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Kazakhstan (%) | 21.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Kenya (%) | 67.6 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
| South Korea (%) | 45.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 0.3 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Kyrgyzstan (%) | 40.5 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Latvia (%) | 47.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 38.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Luxembourg (%) | 26.6 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
| North Macedonia (%) | 53.8 Dec 2024 | quarterly | Dec 2009 - Dec 2024 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 64.6 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Malta (%) | 45.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mauritius (%) | 77.0 Dec 2024 | quarterly | Jun 2003 - Dec 2024 |
| Mexico (%) | 47.7 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Moldova (%) | 37.8 Dec 2024 | quarterly | Mar 2007 - Dec 2024 |
| Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
| Montenegro (%) | 59.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Morocco (%) | 71.5 2022 | yearly | 1994 - 2022 |
| Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
| Netherlands (%) | 43.2 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| New Zealand (%) | 44.3 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Nigeria (%) | 53.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Norway (%) | 44.5 2023 | yearly | 1995 - 2023 |
| Oman (%) | 37.5 2023 | yearly | 1990 - 2023 |
| Pakistan (%) | 65.2 2024 | yearly | 2000 - 2024 |
| Palestinian Territory (%) | 116.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Panama (%) | 61.6 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Paraguay (%) | 36.6 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Peru (%) | 32.7 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Philippines (%) | 60.7 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Poland (%) | 53.5 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Portugal (%) | 95.0 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 53.1 Sep 2024 | quarterly | Dec 2011 - Sep 2024 |
| Russia (%) | 14.6 Mar 2024 | quarterly | Dec 2011 - Mar 2024 |
| Saudi Arabia (%) | 29.9 Dec 2024 | quarterly | Dec 2016 - Dec 2024 |
| Serbia (%) | 47.2 Dec 2024 | quarterly | Sep 2004 - Dec 2024 |
| Singapore (%) | 173.1 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Slovakia (%) | 60.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Slovenia (%) | 66.7 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| South Africa (%) | 75.1 Sep 2024 | quarterly | Dec 1960 - Sep 2024 |
| Spain (%) | 104.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Sri Lanka (%) | 96.9 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Sweden (%) | 32.1 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Switzerland (%) | 23.3 2028 | yearly | 1990 - 2028 |
| Taiwan (%) | 29.0 2023 | yearly | 1996 - 2023 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 56.6 Dec 2024 | quarterly | Dec 1997 - Dec 2024 |
| Tunisia (%) | 79.8 2024 | yearly | 2016 - 2024 |
| Turkey (%) | 25.6 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Ukraine (%) | 79.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
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Learn more about what we doCyprus Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.600 2029 | yearly | 2001 - 2029 |
| Trade Balance (USD mn) | -1,000.3 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Total Exports (USD mn) | 376.0 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Total Exports Growth (%) | -8.5 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Aluminum: Exports (USD th) | 2,262.161 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 431,481.429 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,786.878 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 1,376.3 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Total Imports Growth (%) | 37.7 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Imports: Medicament (USD th) | 436,636.251 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 88,772.100 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 4.961 Nov 2024 | monthly | Nov 1969 - Nov 2024 |
| Total Imports from USA (USD mn) | 6.404 Nov 2024 | monthly | Apr 1964 - Nov 2024 |
| Total Exports to China (USD mn) | 1.687 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
| Total Imports from China (USD mn) | 57.120 Nov 2024 | monthly | Sep 1974 - Nov 2024 |
| Exports (EUR th) | 359,049.000 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Imports (EUR th) | 1,314,282.000 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Foreign Trade: Imports: YoY (%) | 37.700 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Foreign Trade: Exports: YoY (%) | -8.500 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 5,489.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 52,109.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 7,457.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 23,158.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: HS: Mineral Products (EUR th) | 171,452.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: Re-Export (EUR mn) | 2,325.100 2023 | yearly | 1985 - 2023 |
| Exports: Middle East: Lebanon (EUR th) | 3,107.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: EU: United Kingdom (EUR th) | 12,704.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: EU: Greece (EUR th) | 26,384.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Exports: North America: United States (EUR th) | 4,671.000 Nov 2024 | monthly | May 2003 - Nov 2024 |
| Export Value Index (2015=100) | 114.907 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 144.778 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.6 Oct 2024 | monthly | Dec 2014 - Oct 2024 |
| Household Debt: % of GDP (%) | 79.6 2023 | yearly | 1995 - 2023 |
| Non-Performing Loans (USD mn) | 1,751.831 Oct 2024 | monthly | Dec 2014 - Oct 2024 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 245.7 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 0.729 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Gold Reserves (USD mn) | 1,253.091 Jan 2025 | monthly | Mar 1968 - Jan 2025 |
| Total Deposits (USD mn) | 57,902.626 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| Total Deposits Growth (%) | 7.3 Jan 2025 | monthly | Nov 2006 - Jan 2025 |
| Domestic Credit (USD mn) | 21,271.4 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| Domestic Credit Growth (%) | -0.7 Jan 2025 | monthly | Nov 2006 - Jan 2025 |
| Household Debt (USD mn) | 27,595.9 2023 | yearly | 1995 - 2023 |
| Total Loans (USD mn) | 26,368.964 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| Total Loans Growth (%) | 2.67 Jan 2025 | monthly | Nov 2006 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 58.46 Dec 2024 | quarterly | Dec 2005 - Dec 2024 |
| Reserve Assets (EUR mn) | 2,086.984 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Reserve Assets: Foreign Exchange (EUR mn) | 236.230 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Reserve Assets: Monetary Gold (EUR mn) | 1,204.895 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| MFIs Deposits: Non MFIs (EUR mn) | 55,675.602 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 28,975.108 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Non Financial Corporations (EUR mn) | 11,624.170 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| MFIs Loans: Non MFIs (EUR mn) | 25,354.773 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| MFIs Loans: Non MFIs: OS: Households: Housing Loans (EUR mn) | 8,781.502 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| MFIs Loans: Non MFIs: OS: Households: Consumer Credit (EUR mn) | 1,269.730 Jan 2025 | monthly | Nov 2005 - Jan 2025 |
| Non Performing Loans to Total Loans: Basel III (%) | 6.626 Oct 2024 | monthly | Dec 2014 - Oct 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 14.3 Feb 2025 | monthly | May 2003 - Feb 2025 |
More Indicators for Cyprus
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