Palma ratio wb in Cyprus

Cyprus: Palma ratio wb 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 wb 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: Our World in Data.

Analysis

In 2023, palma ratio wb 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 wb 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 wb in Cyprus, year by year

Annual values for Palma ratio wb in Cyprus, 2004 to 2023.
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

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
  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 wb in Cyprus?
Palma ratio wb in Cyprus was 1.24 in 2023, according to Our World in Data.
What is the highest palma ratio wb recorded in Cyprus?
The highest recorded value was 1.62 in 2013.
What is the lowest palma ratio wb recorded in Cyprus?
The lowest recorded value was 1.12 in 2004.
How does Cyprus rank for palma ratio wb?
Cyprus ranks 78th out of 120 countries with data for 2023.
Is palma ratio wb 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 Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Cyprus. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/cyprus/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed