Pay compression ratio in private sector in Cyprus

Cyprus: Pay compression ratio in private sector was 7.0% in 2018. ▲ Rising

Latest (2018)
7.0%
Change on year
down 10.9%
World rank
17th
of 60 countries
All-time high
7.8%
in 2017
All-time low
5.4%
in 2005
Years of data
14
2005–2018

Pay compression ratio in private sector in Cyprus, 2005–2018

024682005201120182005: 5.4 ratio of 90th/10th percentile earners2006: 6.2 ratio of 90th/10th percentile earners2007: 6.5 ratio of 90th/10th percentile earners2008: 7 ratio of 90th/10th percentile earners2009: 6.9 ratio of 90th/10th percentile earners2010: 7.2 ratio of 90th/10th percentile earners2011: 7.5 ratio of 90th/10th percentile earners2012: 7.5 ratio of 90th/10th percentile earners2013: 7.4 ratio of 90th/10th percentile earners2014: 7.7 ratio of 90th/10th percentile earners2015: 7.7 ratio of 90th/10th percentile earners2016: 7.7 ratio of 90th/10th percentile earners2017: 7.8 ratio of 90th/10th percentile earners2018: 7 ratio of 90th/10th percentile earners

Source: World Bank. Measured in ratio of 90th/10th percentile earners.

Analysis

In 2018, pay compression ratio in private sector in Cyprus stood at 7.0%.

That represents a change of down 10.9% on the previous year and down 0.7% over ten years.

Over the whole period, pay compression ratio in private sector in Cyprus peaked at 7.8% in 2017 and was at its lowest, 5.4%, in 2005.

Cyprus ranks 17th of 60 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Pay compression ratio in private sector in Cyprus, year by year

Annual values for Pay compression ratio in private sector (ratio of 90th/10th percentile earners) in Cyprus, 2005 to 2018.
Year ratio of 90th/10th percentile earners Change
2005 5.4%
2006 6.2% +14.0%
2007 6.5% +5.3%
2008 7.0% +7.4%
2009 6.9% -1.1%
2010 7.2% +3.9%
2011 7.5% +4.4%
2012 7.5% -0.3%
2013 7.4% -1.2%
2014 7.7% +3.6%
2015 7.7% +0.6%
2016 7.7% -0.5%
2017 7.8% +1.7%
2018 7.0% -10.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.4% 5.4% 7.0% 5
2010s 7.5% 7.0% 7.8% 9

Countries ranked near Cyprus

  1. 14 Costa Rica 7.2% compare
  2. 15 Austria 7.2% compare
  3. 16 United Kingdom of Great Britain and Northern Ireland 7.2% compare
  4. 18 Bulgaria 6.9% compare
  5. 19 Panama 6.9% compare
  6. 20 Tanzania, United Republic of 6.7% compare

See the full ranking of 60 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is pay compression ratio in private sector in Cyprus?
Pay compression ratio in private sector in Cyprus was 7.0% in 2018, according to the World Bank.
What is the highest pay compression ratio in private sector recorded in Cyprus?
The highest recorded value was 7.8% in 2017.
What is the lowest pay compression ratio in private sector recorded in Cyprus?
The lowest recorded value was 5.4% in 2005.
How does Cyprus rank for pay compression ratio in private sector?
Cyprus ranks 17th out of 60 countries with data for 2018.
Is pay compression ratio in private sector rising or falling in Cyprus?
Over the last ten years it is down 0.7%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from the World Bank, published as part of Pay compression ratio in private sector (ratio of 90th/10th percentile earners). Statizoid updates them automatically from the source API.

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Pay compression ratio in private sector in Cyprus. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/pay-compression-ratio-in-private-sector-ratio-of-90th-10th-percentile-earners/cyprus/

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About this data

Indicator
Pay compression ratio in private sector (ratio of 90th/10th percentile earners)
Unit
ratio of 90th/10th percentile earners
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
60 places, 741 data points, 2000–2021
Last refreshed