The national debt of Cyprus stands at approximately 23.38 billion U.S. dollars in 2025.Fluctuating rise between 1995 and 2025A total increase by approximately 19.51 billion U.S. dollars can be seen between 1995 and 2025. This increase however did not happen continuously.Continuous decline between 2025 and 2030The national debt will lie at around 18.53 billion U.S. dollars in 2030, according to forecasts. There is an overall decrease by approximately 4.85 billion U.S. dollars since 2025. This decrease reflects a consistent falling trend.

The ratio of national debt to gross domestic product (GDP) in Cyprus was forecast to continuously decrease between 2024 and 2029 by in total 21.5 percentage points. After the ninth consecutive decreasing year, the ratio is estimated to reach 49.1 percent and therefore a new minimum in 2029. The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Bosnia & Herzegovina, Montenegro, and Serbia.

Key information about Cyprus External Debt

• Cyprus External Debt reached 291.5 USD bn in Sep 2024, compared with 280.7 USD bn in the previous quarter.
• Cyprus External Debt: USD mn data is updated quarterly, available from Mar 2008 to Sep 2024.
• The data reached an all-time high of 325.7 USD bn in Jun 2019 and a record low of 180.8 USD bn in Sep 2008.

• In the latest reports of Cyprus, Current Account recorded a deficit of 2.0 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 4.0 USD bn in Sep 2024.
• Cyprus Direct Investment Abroad fell by 4.9 USD bn in Sep 2024.
• Its Foreign Portfolio Investment fell by 278.0 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 7.6 USD bn in Mar 2023.

Cyprus: Government debt as percent of GDP: The latest value from 2023 is 77.3 percent, a decline from 85.6 percent in 2022. In comparison, the world average is 62.14 percent, based on data from 134 countries. Historically, the average for Cyprus from 1995 to 2023 is 73.47 percent. The minimum value, 45.5 percent, was reached in 2008 while the maximum of 114.9 percent was recorded in 2020.

Key information about Cyprus External Debt: % of GDP

• Cyprus External Debt accounted for 828.3 % of the country's Nominal GDP in 2023, compared with the ratio of 878.5 % in the previous year.
• Cyprus External Debt: % of Nominal GDP data is updated yearly, available from Dec 2004 to Dec 2023.
• The data reached an all-time high of 1,273.8 % in Dec 2018 and a record low of 180.7 % in Dec 2004.

• In the latest reports of Cyprus, Current Account recorded a deficit of 2.0 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) increased by 3.0 USD bn in Jun 2024.
• Cyprus Direct Investment Abroad expanded by 1.5 USD bn in Jun 2024.
• Its Foreign Portfolio Investment increased by 810.4 USD mn in Jun 2024.
• The country's External Debt reached 280,733.8 in Jun 2024.
• The country's Nominal GDP was reported at 7.6 USD bn in Mar 2023.

Cyprus CY: Gross Public Debt: % of GDP: Central Government: Debt Securities: Market Value data was reported at 40.654 % in Sep 2024. This records an increase from the previous number of 40.059 % for Jun 2024. Cyprus CY: Gross Public Debt: % of GDP: Central Government: Debt Securities: Market Value data is updated quarterly, averaging 64.041 % from Dec 1998 (Median) to Sep 2024, with 104 observations. The data reached an all-time high of 86.229 % in Mar 2021 and a record low of 35.477 % in Jun 2016. Cyprus CY: Gross Public Debt: % of GDP: Central Government: Debt Securities: Market Value data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Cyprus (DDDM06CYA156NWDB) from 1994 to 2020 about Cyprus, public, debt, securities, and GDP.

Cyprus CY: Gross Public Debt: USD: General Government: Long Term data was reported at 22.942 USD bn in Dec 2024. This records a decrease from the previous number of 25.913 USD bn for Sep 2024. Cyprus CY: Gross Public Debt: USD: General Government: Long Term data is updated quarterly, averaging 13.825 USD bn from Mar 1995 (Median) to Dec 2024, with 120 observations. The data reached an all-time high of 29.793 USD bn in Jun 2021 and a record low of 0.000 USD mn in Dec 1999. Cyprus CY: Gross Public Debt: USD: General Government: Long Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.QPSD: Gross Public Debt: General Government.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Debt statistics provide a detailed picture of debt stocks and flows of developing countries. Data presented as part of the Quarterly External Debt Statistics takes a closer look at the external debt of high-income countries and emerging markets to enable a more complete understanding of global financial flows. The Quarterly Public Sector Debt database provides further data on public sector valuation methods, debt instruments, and clearly defined tiers of debt for central, state and local government, as well as extra-budgetary agencies and funds. Data are gathered from national statistical organizations and central banks as well as by various major multilateral institutions and World Bank staff.

This statistic shows the percentage change on the previous year for general government consolidated gross debt as a share of gross domestic product (GDP) in Cyprus from 2014 to 2017. The largest change in this period occurred in 2017 when there was a decline of -3.6 percent.

International debt securities, short term in Cyprus was reported at 1910000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - International debt securities, short term - actual values, historical data, forecasts and projections were sourced from the World Bank on April of 2025.

Households Debt in Cyprus decreased to 97.14 percent of gross income in 2023 from 105.16 percent in 2022. This dataset provides - Cyprus Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Cyprus (IDS1YMAORIAICY) from Q2 1990 to Q4 2024 about Cyprus, 1-year, debt, residents, and securities.

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Cyprus (TDSAMRIAOGGCY) from Q1 2004 to Q4 2022 about Cyprus, sector, maturity, debt, residents, securities, and government.

Gross portfolio debt liabilities to GDP (%) in Cyprus was reported at 101 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - Gross portfolio debt liabilities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Gross Ext. Debt Pos., Other Sectors, All maturities, All instruments, USD in Cyprus was reported at 125825727724 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - Gross Ext. Debt Pos., Other Sectors, All maturities, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Gross Ext. Debt Pos., Other Sectors, Long-term, All instruments, USD in Cyprus was reported at 58360200205 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - Gross Ext. Debt Pos., Other Sectors, Long-term, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Cyprus - General gov. gross debt was 69.70 % of GDP in September of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Cyprus - General gov. gross debt - last updated from the EUROSTAT on March of 2025. Historically, Cyprus - General gov. gross debt reached a record high of 119.20 % of GDP in March of 2021 and a record low of 69.70 % of GDP in September of 2024.

سجلت قبرص دين الحكومة إلى الناتج المحلي الإجمالي نسبة بلغت 73.60 في المئة من الناتج المحلي الإجمالي للبلاد في عام 2023. القيم الحالية، والبيانات التاريخية، والتنبؤات والإحصاءات والرسوم البيانية والتقويم الاقتصادي - قبرص - الدين الحكومي إلى الناتج المحلي الإجمالي.

Cyprus CY: Gross Public Debt: % of GDP: General Government data was reported at 83.400 % in Jun 2024. This records a decrease from the previous number of 85.753 % for Mar 2024. Cyprus CY: Gross Public Debt: % of GDP: General Government data is updated quarterly, averaging 68.663 % from Dec 1995 (Median) to Jun 2024, with 115 observations. The data reached an all-time high of 129.690 % in Mar 2021 and a record low of 0.000 % in Sep 1998. Cyprus CY: Gross Public Debt: % of GDP: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.