Cyprus Cyprus National Debt

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NATIONAL PUBLIC DEBT Cyprus 2007

National debt fell in Cyprus

In 2007 Cyprus public debt was 9,462 million euros12,799 million dollars, has decreased 136744 million since 2006.

This amount means that the debt in 2007 reached 54% of Cyprus GDP, a 5.3 percentage point fall from 2006, when it was 59.3% of GDP.

If we check the tables we can see the evolution of Cyprus debt. It has risen since 1997 in global debt terms, when it was 4,571 million euros 5,104 million dollars although it has fallen as a percentage of GDP, when it amounted to 54.1%.

According to the last data point published, Cyprus per capita debt in 2007 was 12,188 euros16,486 dollars per inhabitant. In 2006 it was 12,663 euros 15,906 dollars, afterwards dropping by 475 euros 580dollars, and if we again check 1997 we can see that then the debt per person was 6,769 euros7,559 dollars .

The position of Cyprus, as compared with the rest of the world, has worsened in 2007 in terms of GDP percentage. Currently it is country number 143 in the list of debt to GDP and 169 in debt per capita, out of the 189 we publish.

In this page we show you the progression of the public debt in Cyprus. You can see debt in other countries in Public debt and see all the information about Cyprus in economy of Cyprus.

Cyprus: Evolution of debt
DateDebt (M.€.)Debt (%GDP)Debt Per Capita
2007Q49,46254.00%€12,188
2007Q39,40754.90%€12,412
2007Q29,62057.40%€12,693
2007Q19,86259.90%€13,013
< Debt 2006Debt 2008 >
Cyprus: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20079,46212,79954.00%€12,188$16,486
20069,59812,05559.30%€12,663$15,906
20059,59611,98363.40%€12,897$16,105
20049,05611,20864.80%€12,353$15,290
20038,1859,16863.80%€11,322$12,683
20027,3406,96860.50%€10,284$9,764
20016,6615,98157.30%€9,441$8,478
20006,0255,59155.70%€8,637$8,016
19995,5105,84655.80%€7,980$8,466
19985,0745,63755.70%€7,430$8,255
19974,5715,10454.10%€6,769$7,559
19963,9874,89150.30%€5,984$7,340
19953,6794,64649.00%€5,606$7,079
Cyprus: Evolution of debt as a percentage of GDP

Cyprus: Evolution of debt in millions