Purchasing power: based on COICOP 1999 in Cyprus
Cyprus: Purchasing power: based on COICOP 1999 was 0.9133 in 2024. ▲ Rising
Latest (2024)
0.9133
Change on year
up 0.3%
World rank
36th
of 51 countries
All-time high
0.9572
in 2012
All-time low
0.8222
in 1996
Years of data
30
1995–2024
Purchasing power parities, price level indices, nominal and real in Cyprus, 1995–2024
Source: Eurostat.
Analysis
Cyprus recorded 0.9133 for purchasing power parities, price level indices, nominal and real in 2024.
Compared with earlier readings it is up 0.3% on the previous year and down 3.7% over ten years.
Over the whole period, purchasing power parities, price level indices, nominal and real in Cyprus peaked at 0.9572 in 2012 and was at its lowest, 0.8222, in 1996.
That places Cyprus 36th out of 51 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Purchasing power: based on COICOP 1999 in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.824 | — |
| 1996 | 0.8222 | -0.2% |
| 1997 | 0.8391 | +2.1% |
| 1998 | 0.8548 | +1.9% |
| 1999 | 0.8624 | +0.9% |
| 2000 | 0.8631 | +0.1% |
| 2001 | 0.8597 | -0.4% |
| 2002 | 0.8666 | +0.8% |
| 2003 | 0.8969 | +3.5% |
| 2004 | 0.8979 | +0.1% |
| 2005 | 0.8825 | -1.7% |
| 2006 | 0.8928 | +1.2% |
| 2007 | 0.8791 | -1.5% |
| 2008 | 0.894 | +1.7% |
| 2009 | 0.9031 | +1.0% |
| 2010 | 0.9251 | +2.4% |
| 2011 | 0.9375 | +1.3% |
| 2012 | 0.9572 | +2.1% |
| 2013 | 0.9522 | -0.5% |
| 2014 | 0.9483 | -0.4% |
| 2015 | 0.9223 | -2.7% |
| 2016 | 0.8959 | -2.9% |
| 2017 | 0.8956 | -0.0% |
| 2018 | 0.9032 | +0.8% |
| 2019 | 0.9043 | +0.1% |
| 2020 | 0.9057 | +0.2% |
| 2021 | 0.9166 | +1.2% |
| 2022 | 0.9179 | +0.1% |
| 2023 | 0.9108 | -0.8% |
| 2024 | 0.9133 | +0.3% |
Cyprus compared with similar countries
- Cyprus's 0.9133 is below the median for Europe & Central Asia, which is 1.15, 79% of the median. (35 countries reporting)
- Cyprus's 0.9133 is below the median for high income countries, which is 1.15, 80% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8405 | 0.8222 | 0.8624 | 5 |
| 2000s | 0.8836 | 0.8597 | 0.9031 | 10 |
| 2010s | 0.9242 | 0.8956 | 0.9572 | 10 |
| 2020s | 0.9129 | 0.9057 | 0.9179 | 5 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is purchasing power parities, price level indices, nominal and real in Cyprus?
- Purchasing power parities, price level indices, nominal and real in Cyprus was 0.9133 in 2024, according to Eurostat.
- What is the highest purchasing power parities, price level indices, nominal and real recorded in Cyprus?
- The highest recorded value was 0.9572 in 2012.
- What is the lowest purchasing power parities, price level indices, nominal and real recorded in Cyprus?
- The lowest recorded value was 0.8222 in 1996.
- How does Cyprus rank for purchasing power parities, price level indices, nominal and real?
- Cyprus ranks 36th out of 51 countries with data for 2024.
- Is purchasing power parities, price level indices, nominal and real rising or falling in Cyprus?
- Over the last ten years it is down 3.7%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Purchasing power parities, price level indices, nominal and real expenditures by analytical categories - based on COICOP 1999. Statizoid updates them automatically from the source API.
Download this data
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