Account, in labor force in Cyprus

Cyprus: Account, in labor force was 98.2% in 2024. ▬ Flat

Latest (2024)
98.2%
Change on year
up 0.4%
World rank
23rd
of 99 countries
All-time high
98.2%
in 2024
All-time low
90.7%
in 2017
Years of data
5
2011–2024

Account, in labor force in Cyprus, 2011–2024

0204060801002011201720242011: 94.4 % age 15+2014: 96.2 % age 15+2017: 90.7 % age 15+2021: 97.8 % age 15+2024: 98.2 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

Cyprus recorded 98.2% for account, in labor force in 2024. That is the highest value across all 5 years on record.

The figure is up 0.4% on the previous year and up 2.1% over ten years.

Over the whole period, account, in labor force in Cyprus peaked at 98.2% in 2024 and was at its lowest, 90.7%, in 2017.

Cyprus ranks 23rd of 99 countries on this measure, in the top quarter.

Account, in labor force in Cyprus, year by year

Annual values for Account, in labor force (% age 15+) in Cyprus, 2011 to 2024.
Year % age 15+ Change
2011 94.4%
2014 96.2% +1.9%
2017 90.7% -5.7%
2021 97.8% +7.8%
2024 98.2% +0.4%

Cyprus compared with similar countries

  • Cyprus's 98.2% is below the median for high income countries, which is 98.5%, 100% of the median. (39 countries reporting)
  • Cyprus's 98.2% is above the median for Europe & Central Asia, which is 96.8%, 1.0× the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 93.8% 90.7% 96.2% 3
2020s 98.0% 97.8% 98.2% 2

Countries ranked near Cyprus

  1. 20 Ireland 98.6% compare
  2. 21 United States 98.5% compare
  3. 22 Sweden 98.5% compare
  4. 24 Poland 98.0% compare
  5. 25 Israel 97.4% compare
  6. 26 Taiwan 97.2% compare

See the full ranking of 111 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is account, in labor force in Cyprus?
Account, in labor force in Cyprus was 98.2% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in Cyprus?
The highest recorded value was 98.2% in 2024.
What is the lowest account, in labor force recorded in Cyprus?
The lowest recorded value was 90.7% in 2017.
How does Cyprus rank for account, in labor force?
Cyprus ranks 23rd out of 99 countries with data for 2024.
Is account, in labor force rising or falling in Cyprus?
Over the last ten years it is up 2.1%. The long-run trend across the full record is flat.
Where does this Cyprus data come from?
The figures come from Global Findex database, published as part of Account, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, in labor force in Cyprus. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-in-labor-force-percent-age-15/cyprus/

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)