PPP conversion factor — all countries

PPP conversion factor — Cyprus

PPP conversion factor in Cyprus in 2025 — 0.573 per int$. Ranked 163 in the world out of 185. Since 1990, the indicator has risen by 1.5%.

2025 0.573 per int$ +0.97% vs 2024
World rank 163of 185
Period maximum 0.737 per int$2003
Period minimum 0.564 per int$1990

Trend over time

1990–2025 · local units per international $

PPP conversion factor — Cyprus, 1990–20250.550.60.650.70.7519901994199820022006201020142018202220251990: 0.564 per int$1991: 0.567 per int$1992: 0.588 per int$1993: 0.602 per int$1994: 0.62 per int$1995: 0.69 per int$1996: 0.697 per int$1997: 0.702 per int$1998: 0.711 per int$1999: 0.721 per int$2000: 0.717 per int$2001: 0.712 per int$2002: 0.711 per int$2003: 0.737 per int$2004: 0.734 per int$2005: 0.723 per int$2006: 0.71 per int$2007: 0.694 per int$2008: 0.694 per int$2009: 0.682 per int$2010: 0.7 per int$2011: 0.699 per int$2012: 0.707 per int$2013: 0.687 per int$2014: 0.68 per int$2015: 0.663 per int$2016: 0.622 per int$2017: 0.615 per int$2018: 0.612 per int$2019: 0.588 per int$2020: 0.579 per int$2021: 0.585 per int$2022: 0.565 per int$2023: 0.566 per int$2024: 0.567 per int$2025: 0.573 per int$
Change over the period: +0.008 (+1.51%) Average annual rate: 0.04 %
PPP conversion factor — Cyprus, by year Cyprus All countries CSV XLSX
Year per int$ Change Change, %
2025 0.573 +0.006 +0.97%
2024 0.567 +0.001 +0.25%
2023 0.566 +0.001 +0.17%
2022 0.565 −0.02 −3.4%
2021 0.585 +0.006 +1.06%
2020 0.579 −0.01 −1.62%
2019 0.588 −0.024 −3.97%
2018 0.612 −0.003 −0.45%
2017 0.615 −0.007 −1.15%
2016 0.622 −0.041 −6.15%
2015 0.663 −0.017 −2.44%
2014 0.68 −0.008 −1.11%
2013 0.687 −0.02 −2.76%
2012 0.707 +0.008 +1.18%
2011 0.699 −0.002 −0.24%
2010 0.7 +0.019 +2.73%
2009 0.682 −0.012 −1.74%
2008 0.694 −0 −0.04%
2007 0.694 −0.016 −2.24%
2006 0.71 −0.013 −1.78%
2005 0.723 −0.011 −1.48%
2004 0.734 −0.003 −0.39%
2003 0.737 +0.026 +3.67%
2002 0.711 −0.001 −0.17%
2001 0.712 −0.005 −0.72%
2000 0.717 −0.004 −0.54%
1999 0.721 +0.01 +1.34%
1998 0.711 +0.009 +1.3%
1997 0.702 +0.005 +0.77%
1996 0.697 +0.007 +0.96%
1995 0.69 +0.07 +11.26%
1994 0.62 +0.018 +3.07%
1993 0.602 +0.014 +2.38%
1992 0.588 +0.021 +3.68%
1991 0.567 +0.003 +0.49%
1990 0.564

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

Source: World Development Indicators (World Bank), license CC BY 4.0.