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Wealth share of the richest 1% in Cyprus

Cyprus: Wealth share of the richest 1% was 33.3% in 2024. ▲ Rising

Latest (2024)
33.3%
Change on year
up 0.2%
World rank
33rd
of 215 countries
All-time high
33.5%
in 2022
All-time low
12.6%
in 2005
Years of data
45
1980–2024

Wealth share of the richest 1% in Cyprus, 1980–2024

01020301980200220241980: 13.2 %1981: 13.1 %1982: 13.1 %1983: 13.1 %1984: 13.1 %1985: 13.1 %1986: 13.1 %1987: 13.1 %1988: 13.1 %1989: 13.2 %1990: 13.1 %1991: 13.1 %1992: 13.1 %1993: 13.1 %1994: 13.1 %1995: 13.1 %1996: 12.9 %1997: 12.8 %1998: 13.3 %1999: 13 %2000: 12.8 %2001: 12.9 %2002: 13.2 %2003: 13 %2004: 12.6 %2005: 12.6 %2006: 12.7 %2007: 19.1 %2008: 18.9 %2009: 18.8 %2010: 19.5 %2011: 19.3 %2012: 20.2 %2013: 21 %2014: 22.5 %2015: 28.6 %2016: 32.1 %2017: 33.4 %2018: 33.5 %2019: 33.1 %2020: 33 %2021: 32.8 %2022: 33.5 %2023: 33.2 %2024: 33.3 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 30 Hong Kong 33.7% compare
  2. 31 Hungary 33.4% compare
  3. 32 Thailand 33.3% compare
  4. 34 Democratic Republic of Congo 31.8% compare
  5. 35 Venezuela 31.8% compare
  6. 36 Turkey 31.7% compare

See the full ranking of 215 places →

More reference data data for Cyprus

All data for Cyprus →

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

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
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
215 places, 10,553 data points, 1800–2024
Last refreshed

The 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.