Poverty: Share of population living on less than $40 a day in Cyprus

Cyprus: Poverty: Share of population living on less than $40 a day was 29.3% in 2023. ▼ Falling

Latest (2023)
29.3%
Change on year
down 13.3%
World rank
104th
of 120 countries
All-time high
52.8%
in 2014
All-time low
29.3%
in 2023
Years of data
20
2004–2023

Poverty: Share of population living on less than $40 a day in Cyprus, 2004–2023

02040602004201320232004: 45.9 %2005: 41.3 %2006: 34.4 %2007: 36.1 %2008: 36.8 %2009: 38.3 %2010: 35.9 %2011: 37.9 %2012: 44.5 %2013: 50.4 %2014: 52.8 %2015: 49.3 %2016: 46.4 %2017: 42.6 %2018: 38.4 %2019: 36.3 %2020: 34.7 %2021: 33.4 %2022: 33.9 %2023: 29.3 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty: share of population living on less than $40 a day in Cyprus is 29.3%, measured in 2023. That is the lowest value across all 20 years on record.

The figure is down 13.3% on the previous year and down 41.8% over ten years.

Over the whole period, poverty: share of population living on less than $40 a day in Cyprus peaked at 52.8% in 2014 and was at its lowest, 29.3%, in 2023.

Cyprus ranks 104th of 120 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 20 years of available data.

Poverty: Share of population living on less than $40 a day in Cyprus, year by year

Annual values for Poverty: Share of population living on less than $40 a day in Cyprus, 2004 to 2023.
Year % Change
2004 45.9%
2005 41.3% -10.0%
2006 34.4% -16.6%
2007 36.1% +4.9%
2008 36.8% +1.8%
2009 38.3% +4.2%
2010 35.9% -6.3%
2011 37.9% +5.6%
2012 44.5% +17.4%
2013 50.4% +13.4%
2014 52.8% +4.7%
2015 49.3% -6.6%
2016 46.4% -6.0%
2017 42.6% -8.2%
2018 38.4% -9.7%
2019 36.3% -5.6%
2020 34.7% -4.4%
2021 33.4% -3.6%
2022 33.9% +1.2%
2023 29.3% -13.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.8% 34.4% 45.9% 6
2010s 43.5% 35.9% 52.8% 10
2020s 32.8% 29.3% 34.7% 4

Countries ranked near Cyprus

  1. 101 Republic of Korea 30.5% compare
  2. 102 Slovenia 30.1% compare
  3. 103 United Kingdom of Great Britain and Northern Ireland 29.8% compare
  4. 105 Malta 26.1% compare
  5. 106 France 25.6% compare
  6. 107 Sweden 24.5% compare

See the full ranking of 120 places →

More poverty & inequality data for Cyprus

All data for Cyprus →

Frequently asked questions

What is poverty: share of population living on less than $40 a day in Cyprus?
Poverty: share of population living on less than $40 a day in Cyprus was 29.3% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $40 a day recorded in Cyprus?
The highest recorded value was 52.8% in 2014.
What is the lowest poverty: share of population living on less than $40 a day recorded in Cyprus?
The lowest recorded value was 29.3% in 2023.
How does Cyprus rank for poverty: share of population living on less than $40 a day?
Cyprus ranks 104th out of 120 countries with data for 2023.
Is poverty: share of population living on less than $40 a day rising or falling in Cyprus?
Over the last ten years it is down 41.8%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $40 a day in Cyprus. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 01 September 2026, from https://poverty.statizoid.com/stat/poverty-share-of-population-living-on-less-than-40-a-day/cyprus/

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About this data

Indicator
Poverty: Share of population living on less than $40 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $40 per day.