Cyprus debt rises in Q1 2023

Cyprus debt rises in Q1 2023

Private debt in Cyprus (households and non-financial corporations) was 218% of GDP in Q1 2023, with debt in absolute numbers totaling €60.1 billion, the Central Bank of Cyprus said Tuesday.

Household debt at end-March was €20.2 billion, €200 million higher than at end-2022. 

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.