Wealth share of the richest 1% in Cyprus
Cyprus: Wealth share of the richest 1% was 33.3% in 2024. ▲ Rising
Wealth share of the richest 1% in Cyprus, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for wealth share of the richest 1% in Cyprus is 33.3%, measured in 2024.
Compared with earlier readings it is up 0.2% on the previous year and up 47.8% over ten years.
Over the whole period, wealth share of the richest 1% in Cyprus peaked at 33.5% in 2022 and was at its lowest, 12.6%, in 2005.
That places Cyprus 33rd out of 215 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Wealth share of the richest 1% in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 13.2% | — |
| 1981 | 13.1% | -0.1% |
| 1982 | 13.1% | +0.0% |
| 1983 | 13.1% | -0.1% |
| 1984 | 13.1% | -0.1% |
| 1985 | 13.1% | +0.1% |
| 1986 | 13.1% | +0.1% |
| 1987 | 13.1% | +0.0% |
| 1988 | 13.1% | +0.0% |
| 1989 | 13.2% | +0.2% |
| 1990 | 13.1% | -0.2% |
| 1991 | 13.1% | -0.2% |
| 1992 | 13.1% | -0.2% |
| 1993 | 13.1% | -0.1% |
| 1994 | 13.1% | +0.0% |
| 1995 | 13.1% | +0.0% |
| 1996 | 12.9% | -1.0% |
| 1997 | 12.8% | -1.0% |
| 1998 | 13.3% | +4.1% |
| 1999 | 13.0% | -2.8% |
| 2000 | 12.8% | -1.2% |
| 2001 | 12.9% | +1.1% |
| 2002 | 13.2% | +1.7% |
| 2003 | 13.0% | -1.0% |
| 2004 | 12.6% | -3.7% |
| 2005 | 12.6% | -0.1% |
| 2006 | 12.7% | +0.8% |
| 2007 | 19.1% | +51.1% |
| 2008 | 18.9% | -0.9% |
| 2009 | 18.8% | -0.8% |
| 2010 | 19.5% | +3.8% |
| 2011 | 19.3% | -1.2% |
| 2012 | 20.2% | +4.7% |
| 2013 | 21.0% | +4.1% |
| 2014 | 22.5% | +7.2% |
| 2015 | 28.6% | +27.2% |
| 2016 | 32.1% | +12.0% |
| 2017 | 33.4% | +4.0% |
| 2018 | 33.5% | +0.3% |
| 2019 | 33.1% | -0.9% |
| 2020 | 33.0% | -0.4% |
| 2021 | 32.8% | -0.6% |
| 2022 | 33.5% | +2.0% |
| 2023 | 33.2% | -0.8% |
| 2024 | 33.3% | +0.2% |
Cyprus compared with similar countries
- Cyprus's 33.3% is above the median for high income countries, which is 27.5%, 1.2× the median. (79 countries reporting)
- Cyprus's 33.3% is above the median for Europe & Central Asia, which is 24.1%, 1.4× the median. (55 countries reporting)
Biggest year-on-year movements
Years where Wealth share of the richest 1% in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +51.1% | 12.7% | 19.1% |
| 2015 | +27.2% | 22.5% | 28.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.1% | 13.1% | 13.2% | 10 |
| 1990s | 13.1% | 12.8% | 13.3% | 10 |
| 2000s | 14.7% | 12.6% | 19.1% | 10 |
| 2010s | 26.3% | 19.3% | 33.5% | 10 |
| 2020s | 33.2% | 32.8% | 33.5% | 5 |
Countries ranked near Cyprus
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 wealth share of the richest 1% in Cyprus?
- Wealth share of the richest 1% in Cyprus was 33.3% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Cyprus?
- The highest recorded value was 33.5% in 2022.
- What is the lowest wealth share of the richest 1% recorded in Cyprus?
- The lowest recorded value was 12.6% in 2005.
- How does Cyprus rank for wealth share of the richest 1%?
- Cyprus ranks 33rd out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Cyprus?
- Over the last ten years it is up 47.8%. The long-run trend across the full record is rising.
- 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 Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.