Net debt, General government, Percent of GDP in Cyprus
Cyprus: Net debt, General government, Percent of GDP was 12.03 in 2030. ▼ Falling
Net debt, General government, Percent of GDP in Cyprus, 1996–2030
Source: International Monetary Fund.
Analysis
Cyprus recorded 12.03 for net debt, general government, percent of gdp in 2030. That is the lowest value across all 35 years on record.
That represents a change of down 16.9% on the previous year and down 79.2% over ten years.
Over the whole period, net debt, general government, percent of gdp in Cyprus peaked at 94.21 in 2015 and was at its lowest, 12.03, in 2030.
That places Cyprus 83rd out of 90 countries with data for 2030, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Net debt, General government, Percent of GDP in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 48.83 | — |
| 1997 | 53.48 | +9.5% |
| 1998 | 42.73 | -20.1% |
| 1999 | 43.85 | +2.6% |
| 2000 | 42.32 | -3.5% |
| 2001 | 41.16 | -2.7% |
| 2002 | 44.29 | +7.6% |
| 2003 | 46.22 | +4.3% |
| 2004 | 47.6 | +3.0% |
| 2005 | 47.44 | -0.3% |
| 2006 | 44.59 | -6.0% |
| 2007 | 37.94 | -14.9% |
| 2008 | 36.99 | -2.5% |
| 2009 | 42.98 | +16.2% |
| 2010 | 46.8 | +8.9% |
| 2011 | 51.29 | +9.6% |
| 2012 | 66.39 | +29.5% |
| 2013 | 77.95 | +17.4% |
| 2014 | 93.62 | +20.1% |
| 2015 | 94.21 | +0.6% |
| 2016 | 88.47 | -6.1% |
| 2017 | 79.59 | -10.0% |
| 2018 | 53.01 | -33.4% |
| 2019 | 47.97 | -9.5% |
| 2020 | 57.84 | +20.6% |
| 2021 | 52.73 | -8.8% |
| 2022 | 45.04 | -14.6% |
| 2023 | 39.83 | -11.6% |
| 2024 | 31.65 | -20.5% |
| 2025 | 26.58 | -16.0% |
| 2026 | 23.03 | -13.4% |
| 2027 | 20.01 | -13.1% |
| 2028 | 17.1 | -14.5% |
| 2029 | 14.47 | -15.4% |
| 2030 | 12.03 | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.22 | 42.73 | 53.48 | 4 |
| 2000s | 43.15 | 36.99 | 47.6 | 10 |
| 2010s | 69.93 | 46.8 | 94.21 | 10 |
| 2020s | 32.83 | 14.47 | 57.84 | 10 |
| 2030s | 12.03 | 12.03 | 12.03 | 1 |
Countries ranked near Cyprus
- 80 Sweden 15.01 compare
- 81 South Korea 12.88 compare
- 82 Switzerland 12.28 compare
- 84 Taiwan 7.96 compare
- 85 Kazakhstan 5.6 compare
- 86 Luxembourg 5.35 compare
More external debt data for Cyprus
- Other investment, Debt instruments 101.91 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 20.04 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 16.67 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 74,342 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 2.47 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 6.72 billion (2024)
- Net lending (+) / net borrowing (-), General government, Percent of 1.38 (2030)
- Primary net lending (+) / net borrowing (-), General government 2.64 (2030)
- Other investment, Debt instruments, Other sectors 61.78 billion US dollar (2025)
- Gross debt, General government, Percent of fiscal year GDP 108.87 (2015)
Frequently asked questions
- What is net debt, general government, percent of gdp in Cyprus?
- Net debt, general government, percent of gdp in Cyprus was 12.03 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Cyprus?
- The highest recorded value was 94.21 in 2015.
- What is the lowest net debt, general government, percent of gdp recorded in Cyprus?
- The lowest recorded value was 12.03 in 2030.
- How does Cyprus rank for net debt, general government, percent of gdp?
- Cyprus ranks 83rd out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Cyprus?
- Over the last ten years it is down 79.2%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Net debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October