Account, out of labor force in Cyprus

Cyprus: Account, out of labor force was 91.8% in 2024. ▲ Rising

Latest (2024)
91.8%
Change on year
up 7.3%
World rank
24th
of 97 countries
All-time high
91.8%
in 2024
All-time low
74.8%
in 2011
Years of data
5
2011–2024

Account, out of labor force in Cyprus, 2011–2024

0204060801002011201720242011: 74.8 % age 15+2014: 82.5 % age 15+2017: 86 % age 15+2021: 85.6 % age 15+2024: 91.8 % age 15+

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

Analysis

In 2024, account, out of labor force in Cyprus stood at 91.8%. That is the highest value across all 5 years on record.

That represents a change of up 7.3% on the previous year and up 11.3% over ten years.

Over the whole period, account, out of labor force in Cyprus peaked at 91.8% in 2024 and was at its lowest, 74.8%, in 2011.

That places Cyprus 24th out of 97 countries with data for 2024, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 81.1% 74.8% 86.0% 3
2020s 88.7% 85.6% 91.8% 2

Countries ranked near Cyprus

  1. 21 Malta 92.6% compare
  2. 22 Taiwan 92.5% compare
  3. 23 Latvia 92.1% compare
  4. 25 Iran 88.2% compare
  5. 26 Thailand 87.9% compare
  6. 27 Czechia 87.5% compare

See the full ranking of 110 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is account, out of labor force in Cyprus?
Account, out of labor force in Cyprus was 91.8% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in Cyprus?
The highest recorded value was 91.8% in 2024.
What is the lowest account, out of labor force recorded in Cyprus?
The lowest recorded value was 74.8% in 2011.
How does Cyprus rank for account, out of labor force?
Cyprus ranks 24th out of 97 countries with data for 2024.
Is account, out of labor force rising or falling in Cyprus?
Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Global Findex database, published as part of Account, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 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"), out of labor force (% age 15+)