Cyprus Cyprus National Debt

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NATIONAL PUBLIC DEBT Cyprus 2009

The national debt increased in Cyprus

In 2009 Cyprus public debt was 10,139 million euros13,744 million dollars, has increased 1,4801,409 million since 2008.

This amount means that the debt in 2009 reached 54.3% of Cyprus GDP, a 8.8 percentage point rise from 2008, when it was 45.5% of GDP.

If we check the tables we can see the evolution of Cyprus debt. It has risen since 1999 in global debt terms, when it was 5,510 million euros 5,846 million dollars although it has fallen as a percentage of GDP, when it amounted to 55.8%.

According to the last data point published, Cyprus per capita debt in 2009 was 12,378 euros16,779 dollars per inhabitant. In 2008 it was 10,865 euros 15,478 dollars, afterwards rising by 1,513 euros1,301 dollars, and if we again check 1999 we can see that then the debt per person was 7,980 euros8,466 dollars .

The position of Cyprus, as compared with the rest of the world, has worsened in 2009 in terms of GDP percentage. Currently it is country number 136 in the list of debt to GDP and 167 in debt per capita, out of the 190 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
2009Q410,13954.30%€12,378
2009Q311,95964.10%€15,006
2009Q212,17864.60%€15,282
2009Q19,67051.00%€12,134
< Debt 2008Debt 2010 >
Cyprus: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
200910,13913,74454.30%€12,378$16,779
20088,65912,33545.50%€10,865$15,478
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