Palma ratio (before tax) in Cyprus

Cyprus: Palma ratio (before tax) was 2.39 in 2022. ▼ Falling

Latest (2022)
2.39
Change on year
down 2.2%
World rank
99th
of 113 countries
All-time high
3.29
in 2015
All-time low
2.2
in 2005
Years of data
19
1990–2022

Palma ratio (before tax) in Cyprus, 1990–2022

01231990200620221990: 3.11996: 2.92004: 2.32005: 2.22006: 2.42007: 2.22008: 2.72009: 2.82010: 2.62011: 3.12012: 3.22015: 3.32016: 2.92017: 2.82018: 32019: 2.52020: 2.52021: 2.42022: 2.4

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

Analysis

Cyprus recorded 2.39 for palma ratio (before tax) in 2022.

The figure is down 2.2% on the previous year and down 25.7% over ten years.

Over the whole period, palma ratio (before tax) in Cyprus peaked at 3.29 in 2015 and was at its lowest, 2.2, in 2005.

Cyprus ranks 99th of 113 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.02 2.91 3.13 2
2000s 2.43 2.2 2.8 6
2010s 2.93 2.49 3.29 8
2020s 2.44 2.39 2.49 3

Countries ranked near Cyprus

  1. 96 Greece 2.52 compare
  2. 97 Belgium 2.44 compare
  3. 98 Spain 2.43 compare
  4. 100 North Macedonia 2.35 compare
  5. 101 Denmark 2.33 compare
  6. 102 Hungary 2.27 compare

See the full ranking of 113 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is palma ratio (before tax) in Cyprus?
Palma ratio (before tax) in Cyprus was 2.39 in 2022, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest palma ratio (before tax) recorded in Cyprus?
The highest recorded value was 3.29 in 2015.
What is the lowest palma ratio (before tax) recorded in Cyprus?
The lowest recorded value was 2.2 in 2005.
How does Cyprus rank for palma ratio (before tax)?
Cyprus ranks 99th out of 113 countries with data for 2022.
Is palma ratio (before tax) rising or falling in Cyprus?
Over the last ten years it is down 25.7%. The long-run trend across the full record is falling.
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 Palma ratio (before tax). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio (before tax)
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 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. Inequality is measured here in terms of income before taxes and benefits.