By the end of March 2026, the financial assets of households in Cyprus had reached €65.3 billion, while their total debt stood at €20.1 billion. The figures are included in the quarterly financial accounts published by the Central Bank of Cyprus.
Household debt amounted to 55% of GDP. Compared with the previous quarter, the ratio increased slightly, but the long-term trend shows a significant improvement: compared with December 2016, the debt ratio has fallen by 63%.
Where Cyprus residents invest their money
The largest share of household financial assets consists of relatively liquid instruments. At the end of March, the structure of assets was as follows:
- 53% — cash, deposits and loans;
- 26% — shares;
- 17% — other financial assets;
- 4% — debt securities.
This means that more than half of household financial assets are held in cash, bank deposits and loans.
Debt and assets of Cypriot companies
The financial assets of Cyprus’ non-financial corporations reached €79.6 billion, while their total debt amounted to €40 billion. Corporate debt stood at 109% of GDP. As with households, the ratio increased slightly compared with the previous quarter, but over the longer term it has fallen substantially — by 97% compared with December 2016. Corporate financial assets were distributed as follows:
- 22% — cash and deposits;
- 5% — loans;
- 0.5% — debt securities;
- 39% — shares;
- 33% — other financial assets.
Shares and other financial instruments therefore account for a significant portion of corporate assets.
What insurance companies and pension funds invest in
The financial sector also holds substantial assets. At the end of March 2026, the financial assets of insurance companies amounted to €6.1 billion. The largest share, 45%, was invested in shares, while a further 29% was held in debt securities. Investment funds had financial assets of €7.6 billion, with 80% of this amount invested in shares.
Pension fund assets reached €5 billion. As with investment funds, shares were the largest investment category, accounting for 55% of financial assets. Overall, Central Bank statistics show that the financial position of households and companies in Cyprus has changed significantly over the past decade: despite a slight quarterly increase in debt levels, long-term indicators remain substantially below their 2016 levels.