Income share held by highest 20% in Cyprus
Cyprus: Income share held by highest 20% was 40.6% in 2023. ▬ Flat
Income share held by highest 20% 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
The most recent figure for income share held by highest 20% in Cyprus is 40.6%, measured in 2023.
That represents a change of up 0.5% on the previous year and down 10.0% over ten years.
Over the whole period, income share held by highest 20% in Cyprus peaked at 45.1% in 2013 and was at its lowest, 39.0%, in 2004.
That places Cyprus 74th out of 121 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.0% | 39.0% | 40.8% | 6 |
| 2010s | 41.8% | 40.1% | 45.1% | 10 |
| 2020s | 40.4% | 40.1% | 40.6% | 4 |
Countries ranked near Cyprus
- 71 Germany 40.9% compare
- 72 Greece 40.8% compare
- 73 Luxembourg 40.7% compare
- 75 Montenegro 40.4% compare
- 76 South Korea 40.3% compare
- 77 Spain 40.2% compare
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 headcount ratio at $3.00 a day (2021 PPP) 0.0% (2023)
- Poverty gap 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 income share held by highest 20% in Cyprus?
- Income share held by highest 20% in Cyprus was 40.6% 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 income share held by highest 20% recorded in Cyprus?
- The highest recorded value was 45.1% in 2013.
- What is the lowest income share held by highest 20% recorded in Cyprus?
- The lowest recorded value was 39.0% in 2004.
- How does Cyprus rank for income share held by highest 20%?
- Cyprus ranks 74th out of 121 countries with data for 2023.
- Is income share held by highest 20% rising or falling in Cyprus?
- Over the last ten years it is down 10.0%. 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 Income share held by highest 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.