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29-10-2024 13:43
Annual financial accounts (stocks) by institutional sector: 2023
Annual financial net worth -€29.120,7 mn
Total Economy
The total assets of the economy in financial instruments amounted to €869.008,9 million at the end of December 2023, of which 51,5% relates to equities and shares, 16,1% to currency and deposits and 20,4% to loans.
The total liabilities of the economy in financial instruments amounted to €898.129,6 million at the end of December 2023, of which 51,3% relates to equities and shares, 26,2% to loans and 11,5% to currency and deposits.
Households and Non-financial Corporations
The assets of households in financial instruments amounted to €57.445,0 million at the end of December 2023, of which 55,4% consists of currency and deposits, 0,9% in loans, 3,2% in debt securities and 22,9% in equities. The amount of loans for this sector reached 20.072,1 million, at the end of December 2023, with a debt-to-Gross Domestic Product (GDP) ratio of 64,0%.
The corresponding assets of non-financial corporations amounted to €71.954,6 million, with 17,4% in cash and deposits, 6,9% in loans, 0,5% in debt securities, 42,6% in equities and 32,0% in other financial instruments. The amount of loans for this sector at the end of December 2023 reached €39.506,9 million, with a debt-to-GDP ratio of 134,3%.
|
Table |
|||||||
|
Financial Instruments (Stocks) |
Institutional Sectors 2023 (€ mn) |
||||||
|
Total Economy |
Non-Financial Corporations |
Financial Corporations |
General Government |
Households |
Non-profit institutions |
Rest of the word |
|
|
Financial assets |
869.008,9 |
71.954,6 |
707.286,0 |
31.605,0 |
57.445,0 |
718,2 |
656.031,5 |
|
AF1 |
1.353,7 |
n.a |
1.353,7 |
0,0 |
n.a |
n.a |
1.353,7 |
|
AF2 |
139.862,7 |
12.550,2 |
76.341,6 |
18.688,6 |
31.801,3 |
481,0 |
48.524,9 |
|
AF3 |
36.484,7 |
378,6 |
34.132,8 |
97,8 |
1.857,2 |
18,3 |
27.160,5 |
|
AF4 |
176.921,8 |
4.993,2 |
165.927,0 |
5.469,6 |
516,0 |
16,0 |
135.176,3 |
|
AF5 |
447.835,1 |
30.681,9 |
399.886,0 |
3.929,4 |
13.167,5 |
170,4 |
411.235,0 |
|
AF6 |
8.142,6 |
322,0 |
684,1 |
0,0 |
7.136,5 |
0,0 |
321,2 |
|
AF7 |
490,9 |
7,5 |
483,4 |
0,0 |
0,0 |
0,0 |
441,9 |
|
AF8 |
57.917,5 |
23.021,2 |
28.477,5 |
3.419,7 |
2.966,6 |
32,5 |
31.818,0 |
|
Financial liabilities |
898.129,6 |
124.031,7 |
708.609,6 |
40.459,7 |
24.946,6 |
82,0 |
685.152,2 |
|
AF1 |
516,2 |
n.a |
516,2 |
n.a |
n.a |
n.a |
516,2 |
|
AF2 |
103.229,7 |
n.a |
89.771,9 |
13.457,8 |
n.a |
n.a |
11.891,9 |
|
AF3 |
29.972,0 |
76,7 |
16.890,6 |
13.004,7 |
0,0 |
0,0 |
20.647,8 |
|
AF4 |
234.971,3 |
42.088,3 |
163.338,7 |
9.390,2 |
20.072,1 |
82,0 |
193.225,8 |
|
AF5 |
460.640,8 |
62.444,8 |
398.187,1 |
8,9 |
0,0 |
0,0 |
424.040,7 |
|
AF6 |
8.298,0 |
344,1 |
7.503,1 |
450,8 |
0,0 |
0,0 |
476,6 |
|
AF7 |
1.498,5 |
0,5 |
1.498,0 |
0,0 |
0,0 |
0,0 |
1.449,5 |
|
AF8 |
59.003,2 |
19.077,4 |
30.904,0 |
4.147,4 |
4.874,5 |
0,0 |
32.903,7 |
|
Financial net worth |
-29.120,7 |
-52.077,1 |
-1.323,6 |
-8.854,7 |
32.498,5 |
636,2 |
29.120,7 |
|
n.a.: Not applicable Financial Instruments: AF1: Monetary gold and special drawing rights AF2: Currency and deposits AF3: Debt Securities AF4: Loans AF5: Equity and investment fund shares or units AF6: Insurance, pension and standardized guarantee schemes AF7: Financial Derivatives and employee stock options AF8: Other accounts receivable/ payable |
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Methodological Information
Scope Description
The Annual Financial Accounts (AFA) record financial positions and transactions that involve financial assets and liabilities that have taken place between residents and non-residents. Cross-border financial transactions and positions are further classified by type of instrument and institutional sector.
Method
The compilation of AFA relies on the following primary sources which are fully compliant with European System of Accounts (ESA 2010) and produced on the basis of European Central Bank:
1. MFI Balance Sheets statistics
2. Investment Fund Balance sheet statistics
3. Insurance statistics
4. Pension Fund Statistics
5. Securities issues statistics
6. Securities Holdings statistics (SHS)
7. Quarterly Financial Accounts of General Government
8. International Investment Position and Balance of Payments
Also, financial statements are collected from entities that are included in the OFI (Other Financial Institutions) sector. For the non-financial sector, information is derived from annual financial statements and mapped to the ESA 2010 instruments, to the best possible extent. For Household, some instruments are compiled mainly on a residual basis.
Data Coverage
Inclusion of all financial and non-financial corporations, investment funds, insurance companies, pension funds and organisations that are included in the OFI sector. Also, the inclusion of General Government Sector divided to its subsectors.
For more information, please visit CYSTAT Portal, subtheme National Accounts,CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information or contact Mrs Sofia Panagidou at 22605119 or via email: spanayidou@cystat.mof.gov.cy or Mrs Katerina Kyriakou at 22602202 or via email: kkyriakou@cystat.mof.gov.cy
(IA/GS)
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