Gini index in Cyprus
Cyprus: Gini index was 31.8 in 2023. ▬ Flat
Gini index in Cyprus, 2004–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
Cyprus recorded 31.8 for gini index in 2023.
That represents a change of up 1.0% on the previous year and down 14.1% over ten years.
Over the whole period, gini index in Cyprus peaked at 37 in 2013 and was at its lowest, 30.1, in 2004.
Cyprus ranks 83rd of 121 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.07 | 30.1 | 32.1 | 6 |
| 2010s | 33.32 | 31.2 | 37 | 10 |
| 2020s | 31.57 | 31.3 | 31.8 | 4 |
Countries ranked near Cyprus
More poverty & inequality data for Cyprus
- Poverty headcount ratio at $8.30 a day (2021 PPP) 0.1% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.0% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.0% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.0% (2023)
- Prosperity gap 0.6 average shortfall from a prosperity standard of $28/day (2023)
- Poverty gap at $8.30 a day (2021 PPP) 0.0% (2023)
- Poverty headcount ratio at societal poverty line 8.7% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.0% (2023)
- Population living in slums 0.3% (2022)
- Income share held by second 20% 12.7% (2023)
Frequently asked questions
- What is gini index in Cyprus?
- Gini index in Cyprus was 31.8 in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest gini index recorded in Cyprus?
- The highest recorded value was 37 in 2013.
- What is the lowest gini index recorded in Cyprus?
- The lowest recorded value was 30.1 in 2004.
- How does Cyprus rank for gini index?
- Cyprus ranks 83rd out of 121 countries with data for 2023.
- Is gini index rising or falling in Cyprus?
- Over the last ten years it is down 14.1%. The long-run trend across the full record is flat.
- Where does this Cyprus data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Gini index. Statizoid updates them automatically from the source API.
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About this data
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.