Palma ratio in Cyprus
Cyprus: Palma ratio was 1.24 in 2023. ▬ Flat
Palma ratio in Cyprus, 2004–2023
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.
Palma ratio in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.12 | — |
| 2005 | 1.14 | +2.1% |
| 2006 | 1.2 | +5.6% |
| 2007 | 1.19 | -0.8% |
| 2008 | 1.24 | +3.7% |
| 2009 | 1.25 | +0.9% |
| 2010 | 1.2 | -3.7% |
| 2011 | 1.28 | +6.4% |
| 2012 | 1.39 | +8.9% |
| 2013 | 1.62 | +16.0% |
| 2014 | 1.49 | -7.9% |
| 2015 | 1.37 | -7.8% |
| 2016 | 1.3 | -5.3% |
| 2017 | 1.2 | -7.8% |
| 2018 | 1.3 | +8.5% |
| 2019 | 1.19 | -8.3% |
| 2020 | 1.23 | +3.2% |
| 2021 | 1.2 | -2.3% |
| 2022 | 1.23 | +2.0% |
| 2023 | 1.24 | +1.0% |
Cyprus compared with similar countries
- Cyprus's 1.24 is above the median for high income countries, which is 1.23, 1.0× the median. (42 countries reporting)
- Cyprus's 1.24 is above the median for Europe & Central Asia, which is 1.13, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 75 North Macedonia 1.26 compare
- 76 Serbia 1.26 compare
- 77 United Kingdom 1.25 compare
- 79 Uzbekistan 1.23
- 80 Japan 1.23 compare
- 81 Taiwan 1.21 compare
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
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
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.