According to a recent press release from the Statistical Service of the Republic of Cyprus, the country's financial net worth as of the end of December 2022 stands at a negative €26,622.2 million. This announcement provides a comprehensive overview of Cyprus' financial instruments and their impact on the national economy.

The release details that Cyprus' total financial assets amounted to €686,927.8 million at the close of December 2022. Of these, equities and shares constitute the largest portion, representing 52.9% of the total. Additionally, currency and deposits account for 19.3%, and loans make up 17%.

On the liabilities side, the total amounted to €713,650 million at the end of December 2022. Here, equities and shares again form the majority, comprising 51.6% of the total. Loans follow at 21.8%, and currency and deposits represent 14.6%.

Focusing on households, their assets in financial instruments totaled €55,955.6 million at the end of December 2022. The composition of these assets is primarily in currency and deposits (58.5%), with a smaller proportion in equities (20.6%), loans (1.9%), and debt securities (1.7%).

The sector's total loan amount reached €19,831.7 million by the end of December 2022, corresponding to a debt-to-Gross Domestic Product (GDP) ratio of 71.4%.

Non-financial corporations reported assets totaling €66,336.6 million, diversified across several categories: 18.5% in cash and deposits, 46.5% in equities, 29.6% in other financial instruments, and 4.2% in debt securities.

The loan amount for non-financial corporations stood at €39,506.9 million at the end of December 2022, marking a significant debt-to-GDP ratio of 142.2%.