Cyprus—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #64 of 117Updated April 2026
Latest Value
25.4%
2024
YoY Change
+18.6%
2019 → 2024
Global Rank
#64
of 117 countries
Maximum
25.4%
2024
Minimum
21.4%
2019
CAGR
+3.5%
2 years
Last
25.4%
Previous
21.4%
Highest
25.4%
Lowest
21.4%
Source
World Bank World Development Indicators
Cyprus's firms using banks to finance investment (%) was 25.4% in 2024, ranking #64 out of 117 countries. This represents a +18.6% change from 2019. Over the past 2 years, the highest recorded value was 25.4% (2024) and the lowest was 21.4% (2019). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 25.4% | +18.6% |
| 2019 | 21.4% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.