Standardised house price-to-income ratio - annual data in Cyprus
Cyprus: Standardised house price-to-income ratio - annual data was 0.6 Annual average rate of change in 2024. ◆ Volatile
Latest (2024)
0.6 Annual average rate of change
Change on year
down 81.2%
World rank
13th
of 35 countries
All-time high
6.5 Annual average rate of change
in 2007
All-time low
-6.4 Annual average rate of change
in 2018
Years of data
24
2001–2024
Standardised house price-to-income ratio - annual data in Cyprus, 2001–2024
Source: Eurostat. Measured in Annual average rate of change.
Analysis
In 2024, standardised house price-to-income ratio - annual data in Cyprus stood at 0.6 Annual average rate of change.
Compared with earlier readings it is down 81.2% on the previous year and down 90.5% over ten years.
Over the whole period, standardised house price-to-income ratio - annual data in Cyprus peaked at 6.5 Annual average rate of change in 2007 and was at its lowest, -6.4 Annual average rate of change, in 2018.
That places Cyprus 13th out of 35 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Standardised house price-to-income ratio - annual data in Cyprus, year by year
| Year | Annual average rate of change | Change |
|---|---|---|
| 2001 | -3.9 Annual average rate of change | — |
| 2002 | 4 Annual average rate of change | -202.6% |
| 2003 | 3.2 Annual average rate of change | -20.0% |
| 2004 | 0.3 Annual average rate of change | -90.6% |
| 2005 | 0.5 Annual average rate of change | +66.7% |
| 2006 | 5.4 Annual average rate of change | +980.0% |
| 2007 | 6.5 Annual average rate of change | +20.4% |
| 2008 | -4.1 Annual average rate of change | -163.1% |
| 2009 | -5.7 Annual average rate of change | +39.0% |
| 2010 | -5.7 Annual average rate of change | -0.0% |
| 2011 | -1.6 Annual average rate of change | -71.9% |
| 2012 | 0.7 Annual average rate of change | -143.7% |
| 2013 | -0.2 Annual average rate of change | -128.6% |
| 2014 | 6.3 Annual average rate of change | -3250.0% |
| 2015 | -1.4 Annual average rate of change | -122.2% |
| 2016 | -4.2 Annual average rate of change | +200.0% |
| 2017 | -0.4 Annual average rate of change | -90.5% |
| 2018 | -6.4 Annual average rate of change | +1500.0% |
| 2019 | -1 Annual average rate of change | -84.4% |
| 2020 | 3.4 Annual average rate of change | -440.0% |
| 2021 | -6.3 Annual average rate of change | -285.3% |
| 2022 | 1.3 Annual average rate of change | -120.6% |
| 2023 | 3.2 Annual average rate of change | +146.2% |
| 2024 | 0.6 Annual average rate of change | -81.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6889 Annual average rate of change | -5.7 Annual average rate of change | 6.5 Annual average rate of change | 9 |
| 2010s | -1.39 Annual average rate of change | -6.4 Annual average rate of change | 6.3 Annual average rate of change | 10 |
| 2020s | 0.44 Annual average rate of change | -6.3 Annual average rate of change | 3.4 Annual average rate of change | 5 |
Countries ranked near Cyprus
- 10 Ireland 1.6 Annual average rate of change compare
- 10 Slovenia 1.6 Annual average rate of change compare
- 10 Slovenia 1.6 Annual average rate of change compare
- 14 Belgium 0.5 Annual average rate of change compare
- 15 Denmark 0.3 Annual average rate of change compare
- 16 Czechia 0.1 Annual average rate of change compare
- 16 Italy 0.1 Annual average rate of change compare
- 16 Portugal 0.1 Annual average rate of change compare
More economy & growth data for Cyprus
- 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.53 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.807 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 24,271 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 70.19 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 63.02 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0099 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 296.88 current LCU per person (2025)
Frequently asked questions
- What is standardised house price-to-income ratio - annual data in Cyprus?
- Standardised house price-to-income ratio - annual data in Cyprus was 0.6 Annual average rate of change in 2024, according to Eurostat.
- What is the highest standardised house price-to-income ratio - annual data recorded in Cyprus?
- The highest recorded value was 6.5 Annual average rate of change in 2007.
- What is the lowest standardised house price-to-income ratio - annual data recorded in Cyprus?
- The lowest recorded value was -6.4 Annual average rate of change in 2018.
- How does Cyprus rank for standardised house price-to-income ratio - annual data?
- Cyprus ranks 13th out of 35 countries with data for 2024.
- Is standardised house price-to-income ratio - annual data rising or falling in Cyprus?
- Over the last ten years it is down 90.5%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Standardised house price-to-income ratio - annual data. Statizoid updates them automatically from the source API.
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