Price level ratio of PPP conversion factor (GDP) to market exchange in Cyprus
Cyprus: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6312 in 2024. ▼ Falling
Latest (2024)
0.6312
Change on year
down 1.2%
World rank
51st
of 202 countries
All-time high
1.02
in 2008
All-time low
0.6058
in 2022
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Cyprus, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Cyprus stood at 0.6312.
The figure is down 1.2% on the previous year and down 30.1% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Cyprus peaked at 1.02 in 2008 and was at its lowest, 0.6058, in 2022.
That places Cyprus 51st out of 202 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.7228 | — |
| 1991 | 0.7163 | -0.9% |
| 1992 | 0.7668 | +7.1% |
| 1993 | 0.7092 | -7.5% |
| 1994 | 0.7388 | +4.2% |
| 1995 | 0.8933 | +20.9% |
| 1996 | 0.8744 | -2.1% |
| 1997 | 0.8007 | -8.4% |
| 1998 | 0.8046 | +0.5% |
| 1999 | 0.7775 | -3.4% |
| 2000 | 0.6758 | -13.1% |
| 2001 | 0.6481 | -4.1% |
| 2002 | 0.6832 | +5.4% |
| 2003 | 0.8341 | +22.1% |
| 2004 | 0.917 | +9.9% |
| 2005 | 0.899 | -2.0% |
| 2006 | 0.8905 | -0.9% |
| 2007 | 0.95 | +6.7% |
| 2008 | 1.02 | +7.0% |
| 2009 | 0.9514 | -6.4% |
| 2010 | 0.9284 | -2.4% |
| 2011 | 0.9725 | +4.8% |
| 2012 | 0.9082 | -6.6% |
| 2013 | 0.9128 | +0.5% |
| 2014 | 0.903 | -1.1% |
| 2015 | 0.7356 | -18.5% |
| 2016 | 0.6889 | -6.3% |
| 2017 | 0.695 | +0.9% |
| 2018 | 0.7233 | +4.1% |
| 2019 | 0.6584 | -9.0% |
| 2020 | 0.6608 | +0.4% |
| 2021 | 0.6915 | +4.6% |
| 2022 | 0.6058 | -12.4% |
| 2023 | 0.6389 | +5.5% |
| 2024 | 0.6312 | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7804 | 0.7092 | 0.8933 | 10 |
| 2000s | 0.8465 | 0.6481 | 1.02 | 10 |
| 2010s | 0.8126 | 0.6584 | 0.9725 | 10 |
| 2020s | 0.6456 | 0.6058 | 0.6915 | 5 |
Countries ranked near Cyprus
- 48 Saint Kitts and Nevis 0.6406 compare
- 49 United Arab Emirates 0.6334 compare
- 50 Estonia 0.6318 compare
- 52 Papua New Guinea 0.6293 compare
- 53 Malta 0.6286 compare
- 54 Japan 0.6283 compare
More population data for Cyprus
- Population regions with projections, annual growth rate -0.3407 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.5221 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.3407 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.0299 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1,392 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4899 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.8322 % change on previous year (2100)
- World population growth -0.3% (2100)
- Population density 138.03 people per km² (2100)
- Number of children under 5, by world region 51,005 people (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Cyprus?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Cyprus was 0.6312 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Cyprus?
- The highest recorded value was 1.02 in 2008.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Cyprus?
- The lowest recorded value was 0.6058 in 2022.
- How does Cyprus rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Cyprus ranks 51st out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Cyprus?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release