Palma ratio in Cyprus

Cyprus: Palma ratio was 1.24 in 2023. ▬ Flat

Latest (2023)
1.24
Change on year
up 1.0%
World rank
78th
of 120 countries
All-time high
1.62
in 2013
All-time low
1.12
in 2004
Years of data
20
2004–2023

Palma ratio in Cyprus, 2004–2023

00.511.52004201320232004: 1.12005: 1.12006: 1.22007: 1.22008: 1.22009: 1.22010: 1.22011: 1.32012: 1.42013: 1.62014: 1.52015: 1.42016: 1.32017: 1.22018: 1.32019: 1.22020: 1.22021: 1.22022: 1.22023: 1.2

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

In 2023, palma ratio in Cyprus stood at 1.24.

The figure is up 1.0% on the previous year and down 23.4% over ten years.

Over the whole period, palma ratio in Cyprus peaked at 1.62 in 2013 and was at its lowest, 1.12, in 2004.

That places Cyprus 78th out of 120 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.19 1.12 1.25 6
2010s 1.33 1.19 1.62 10
2020s 1.22 1.2 1.24 4

Countries ranked near Cyprus

  1. 75 North Macedonia 1.26 compare
  2. 76 Serbia 1.26 compare
  3. 77 United Kingdom 1.25 compare
  4. 79 Uzbekistan 1.23 compare
  5. 80 Japan 1.23 compare
  6. 81 Taiwan 1.21 compare

See the full ranking of 120 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is palma ratio in Cyprus?
Palma ratio in Cyprus was 1.24 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Cyprus?
The highest recorded value was 1.62 in 2013.
What is the lowest palma ratio recorded in Cyprus?
The lowest recorded value was 1.12 in 2004.
How does Cyprus rank for palma ratio?
Cyprus ranks 78th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Cyprus?
Over the last ten years it is down 23.4%. The long-run trend across the full record is flat.
Where does this Cyprus data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.