Cyprus Bank Account Ownership Rate 2024: 96.13 %
Cyprus's bank account ownership rate in 2024 is 96.13 %, up 3.2% from 2021. It ranks #28 of 139 countries.
Bank account ownership rate indicates financial inclusion levels among adults globally, highlighting economic access.
Source (2024): Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data
Bank Account Ownership Rate over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2024 | 96.13 % | +3 % | +3.22% | |
| 2021 | 93.13 % | +4.41 % | +4.98% | |
| 2017 | 88.72 % | 1.43 % | -1.59% | |
| 2014 | 90.15 % | +4.91 % | +5.76% | |
| 2011 | 85.24 % | — | — |
Frequently Asked Questions About Cyprus Bank Account Ownership Rate
What is Cyprus's bank account ownership rate in 2024?▾
Cyprus's bank account ownership rate is 96.13 % in 2024, according to Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+) | Data.
Is Cyprus's bank account ownership rate increasing or decreasing?▾
Cyprus's bank account ownership rate rose by 3.2% from 2021 (93.13 %) to 2024 (96.13 %). Over the past decade (2014–2024) it rose by 6.6%.
How does Cyprus rank for bank account ownership rate?▾
In 2024, Cyprus has the 28th highest bank account ownership rate out of 139 countries with data.
What was Cyprus's bank account ownership rate in 2011?▾
In 2011, Cyprus's bank account ownership rate was 85.24 %. By 2024 it rose by 12.8%.
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