Income share of the richest 1% (before tax) in Cyprus

Cyprus: Income share of the richest 1% (before tax) was 8.5% in 2022. ▬ Flat

Latest (2022)
8.5%
Change on year
down 4.0%
World rank
108th
of 113 countries
All-time high
12.2%
in 2018
All-time low
7.4%
in 2004
Years of data
19
1990–2022

Income share of the richest 1% (before tax) in Cyprus, 1990–2022

02.557.51012.51990200620221990: 11.6 %1996: 10.8 %2004: 7.4 %2005: 7.8 %2006: 9.6 %2007: 7.8 %2008: 10.6 %2009: 10 %2010: 9.1 %2011: 11.7 %2012: 12.2 %2015: 11.5 %2016: 11.1 %2017: 10.3 %2018: 12.2 %2019: 8.8 %2020: 8.8 %2021: 8.9 %2022: 8.5 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2022, income share of the richest 1% (before tax) in Cyprus stood at 8.5%.

The figure is down 4.0% on the previous year and down 30.1% over ten years.

Over the whole period, income share of the richest 1% (before tax) in Cyprus peaked at 12.2% in 2018 and was at its lowest, 7.4%, in 2004.

Cyprus ranks 108th of 113 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.2% 10.8% 11.6% 2
2000s 8.9% 7.4% 10.6% 6
2010s 10.9% 8.8% 12.2% 8
2020s 8.8% 8.5% 8.9% 3

Countries ranked near Cyprus

  1. 105 Guinea 8.7% compare
  2. 106 Belgium 8.7% compare
  3. 107 Iceland 8.6% compare
  4. 109 North Macedonia 8.2% compare
  5. 110 Slovenia 8.0% compare
  6. 111 Italy 7.8% compare

See the full ranking of 113 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is income share of the richest 1% (before tax) in Cyprus?
Income share of the richest 1% (before tax) in Cyprus was 8.5% in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1% (before tax) recorded in Cyprus?
The highest recorded value was 12.2% in 2018.
What is the lowest income share of the richest 1% (before tax) recorded in Cyprus?
The lowest recorded value was 7.4% in 2004.
How does Cyprus rank for income share of the richest 1% (before tax)?
Cyprus ranks 108th out of 113 countries with data for 2022.
Is income share of the richest 1% (before tax) rising or falling in Cyprus?
Over the last ten years it is down 30.1%. The long-run trend across the full record is flat.
Where does this Cyprus data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1% (before tax). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Income share of the richest 1% (before tax)
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
113 places, 3,075 data points, 1820–2024
Last refreshed

The share of income received by the richest 1%. Income here is measured before taxes and benefits.