Cyprus: Gini inequality index

* indicates monthly or quarterly data series
 Cyprus

Gini income inequality index

 Latest value 31.30
 Year 2021
 Measure index points
 Data availability 2004 - 2021
 Average 32.37
 Min - Max 30.10 - 37.00
 Source The World Bank
For that indicator, we provide data for Cyprus from 2004 to 2021. The average value for Cyprus during that period was 32.37 index points with a minimum of 30.1 index points in 2004 and a maximum of 37 index points in 2013. The latest value from 2021 is 31.3 index points. For comparison, the world average in 2021 based on 68 countries is 35.35 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Cyprus - Gini inequality index - Recent values chart

Historical chart
Cyprus - Gini inequality index - historical chart - 2004-2021




Definition: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.

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 Related indicators Latest value Reference Measure
 Gini inequality index 31.30 2021 index points
 Poverty ratio 13.90 2021 percent
 Poverty at 1.90 USD per day 0.00 2021 percent
 Poverty at 5.50 USD per day 0.10 2021 percent
 Top 10 percent income share 25.70 2021 percent
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