{"entity":{"iso2":"CY","iso3":"CYP","name":"Cyprus","slug":"cyprus"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"palma-ratio-wb","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/palma-ratio-wb","title":"Palma ratio","unit":null},"observations":[{"date":"2004-01-01","value":1.11589},{"date":"2005-01-01","value":1.13909},{"date":"2006-01-01","value":1.20288},{"date":"2007-01-01","value":1.19276},{"date":"2008-01-01","value":1.23636},{"date":"2009-01-01","value":1.24793},{"date":"2010-01-01","value":1.20222},{"date":"2011-01-01","value":1.27959},{"date":"2012-01-01","value":1.39387},{"date":"2013-01-01","value":1.61743},{"date":"2014-01-01","value":1.48931},{"date":"2015-01-01","value":1.37322},{"date":"2016-01-01","value":1.30061},{"date":"2017-01-01","value":1.19863},{"date":"2018-01-01","value":1.30039},{"date":"2019-01-01","value":1.19236},{"date":"2020-01-01","value":1.23055},{"date":"2021-01-01","value":1.20237},{"date":"2022-01-01","value":1.22603},{"date":"2023-01-01","value":1.23819}],"summary":{"latest_period":"2023-01-01","latest_value":1.23819,"max":1.61743,"mean":1.26898,"min":1.11589,"of":120,"rank":78,"trend":"flat"}}