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Prosperity gap in Cyprus

Cyprus: Prosperity gap was 0.6 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling

Latest (2023)
0.6 average shortfall from a prosperity standard of $28/day
Change on year
unchanged
World rank
113th
of 121 countries
All-time high
0.9 average shortfall from a prosperity standard of $28/day
in 2014
All-time low
0.6 average shortfall from a prosperity standard of $28/day
in 2006
Years of data
20
2004–2023

Prosperity gap in Cyprus, 2004–2023

00.20.40.60.812004201320232004: 0.8 average shortfall from a prosperity standard of $28/day2005: 0.7 average shortfall from a prosperity standard of $28/day2006: 0.6 average shortfall from a prosperity standard of $28/day2007: 0.6 average shortfall from a prosperity standard of $28/day2008: 0.7 average shortfall from a prosperity standard of $28/day2009: 0.8 average shortfall from a prosperity standard of $28/day2010: 0.7 average shortfall from a prosperity standard of $28/day2011: 0.7 average shortfall from a prosperity standard of $28/day2012: 0.7 average shortfall from a prosperity standard of $28/day2013: 0.8 average shortfall from a prosperity standard of $28/day2014: 0.9 average shortfall from a prosperity standard of $28/day2015: 0.8 average shortfall from a prosperity standard of $28/day2016: 0.8 average shortfall from a prosperity standard of $28/day2017: 0.7 average shortfall from a prosperity standard of $28/day2018: 0.7 average shortfall from a prosperity standard of $28/day2019: 0.8 average shortfall from a prosperity standard of $28/day2020: 0.7 average shortfall from a prosperity standard of $28/day2021: 0.6 average shortfall from a prosperity standard of $28/day2022: 0.6 average shortfall from a prosperity standard of $28/day2023: 0.6 average shortfall from a prosperity standard of $28/day

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. Measured in average shortfall from a prosperity standard of $28/day.

Analysis

In 2023, prosperity gap in Cyprus stood at 0.6 average shortfall from a prosperity standard of $28/day. That is the lowest value across all 20 years on record.

That represents a change of down 25.0% over ten years.

Over the whole period, prosperity gap in Cyprus peaked at 0.9 average shortfall from a prosperity standard of $28/day in 2014 and was at its lowest, 0.6 average shortfall from a prosperity standard of $28/day, in 2006.

That places Cyprus 113th out of 121 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7 average shortfall from a prosperity standard of $28/day 0.6 average shortfall from a prosperity standard of $28/day 0.8 average shortfall from a prosperity standard of $28/day 6
2010s 0.76 average shortfall from a prosperity standard of $28/day 0.7 average shortfall from a prosperity standard of $28/day 0.9 average shortfall from a prosperity standard of $28/day 10
2020s 0.625 average shortfall from a prosperity standard of $28/day 0.6 average shortfall from a prosperity standard of $28/day 0.7 average shortfall from a prosperity standard of $28/day 4

Countries ranked near Cyprus

  1. 113 France 0.6 average shortfall from a prosperity standard of $28/day compare
  2. 113 Iceland 0.6 average shortfall from a prosperity standard of $28/day compare
  3. 113 Norway 0.6 average shortfall from a prosperity standard of $28/day compare
  4. 113 Slovenia 0.6 average shortfall from a prosperity standard of $28/day compare

See the full ranking of 136 places →

More poverty & inequality data for Cyprus

All data for Cyprus →

Frequently asked questions

What is prosperity gap in Cyprus?
Prosperity gap in Cyprus was 0.6 average shortfall from a prosperity standard of $28/day 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 prosperity gap recorded in Cyprus?
The highest recorded value was 0.9 average shortfall from a prosperity standard of $28/day in 2014.
What is the lowest prosperity gap recorded in Cyprus?
The lowest recorded value was 0.6 average shortfall from a prosperity standard of $28/day in 2006.
How does Cyprus rank for prosperity gap?
Cyprus ranks 113th out of 121 countries with data for 2023.
Is prosperity gap rising or falling in Cyprus?
Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.

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About this data

Indicator
Prosperity gap (average shortfall from a prosperity standard of $28/day)
Unit
average shortfall from a prosperity standard of $28/day
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,849 data points, 1963–2025
Last refreshed

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.