Income share of the richest 20% — all countries

Income share of the richest 20% — Cyprus

Income share of the richest 20% in Cyprus in 2023 — 40.6%. Ranked 24 in the world out of 57. Since 2004, the indicator has risen by 1.6 pp.

2023 40.6% +0.2 pp vs 2022
World rank 24of 57
Period maximum 45.1%2013
Period minimum 39%2004

Trend over time

2004–2023 · % of income

Income share of the richest 20% — Cyprus, 2004–20233840424446200420062008201020122014201620182020202220232004: 39%2005: 39.3%2006: 40.1%2007: 40%2008: 40.6%2009: 40.8%2010: 40.4%2011: 41.3%2012: 42.7%2013: 45.1%2014: 43.6%2015: 42.1%2016: 41.4%2017: 40.2%2018: 41.4%2019: 40.1%2020: 40.6%2021: 40.1%2022: 40.4%2023: 40.6%
Change over the period: +1.6 pp Annual average: 0.08 pp
Income share of the richest 20% — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2023 40.6 +0.2 pp
2022 40.4 +0.3 pp
2021 40.1 −0.5 pp
2020 40.6 +0.5 pp
2019 40.1 −1.3 pp
2018 41.4 +1.2 pp
2017 40.2 −1.2 pp
2016 41.4 −0.7 pp
2015 42.1 −1.5 pp
2014 43.6 −1.5 pp
2013 45.1 +2.4 pp
2012 42.7 +1.4 pp
2011 41.3 +0.9 pp
2010 40.4 −0.4 pp
2009 40.8 +0.2 pp
2008 40.6 +0.6 pp
2007 40 −0.1 pp
2006 40.1 +0.8 pp
2005 39.3 +0.3 pp
2004 39

Western Asia, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

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