Rate

10.50%

-0.25

Rate

4.75%

-0.50

CPI

2.2%

0

Rate

3.65%

-0.60

CPI

1.1%

-0.3

Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

  1. Countries data: Demographic and economy

Country comparison Cyprus vs United States

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Minimum wages Cyprus vs United States comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q28,417Kchart19,479K2023Q4Qu. GDP Per Capita [+]
Annual GDP [+]2023€29,807Mchart€25,303,708M2023Annual GDP [+]
Annual GDP [+]2023$32,230Mchart$27,720,700M2023Annual GDP [+]
GDP per capita [+]2023€32,150chart€75,8662023GDP per capita [+]
GDP per capita [+]2023$34,525chart$82,0342023GDP per capita [+]
Quarterly GDP [+]2024Q2€7,857Mchart€6,496,798M2023Q4Quarterly GDP [+]
Debt (M.€.) [+]202323,036chart29,308,8192022Debt (M.€.) [+]
Debt ($M) [+]202324,909chart30,887,9202022Debt ($M) [+]
Debt (%GDP) [+]202377.30%chart121.31%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€24,677chart€87,8752022Debt Per Capita [+]
Debt Per Capita [+]2023$26,684chart$92,6092022Debt Per Capita [+]
Deficit (M.€) [+]2023919chart-895,4382022Deficit (M.€) [+]
Deficit ($M) [+]2023993chart-943,6822022Deficit ($M) [+]
Deficit (%GDP) [+]20233.10%chart-3.71%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]202311,995.1chart8,759,628.72022Expenditure (M.€) [+]
Expenditure ($M) [+]202312,970.3chart9,231,580.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]20211,366.8chart1,314,357.62022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20211,557.7chart1,400,479.02022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202112.74%chart5.44%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20211,931,411,000.0chart3,370,391,550,807.22022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20212,269.0chart3,549,022,303,000.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202118.37%chart21.41%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022504.1chart834,742.72022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022516.2chart889,438.12022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20224.52%chart8.32%2021Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202340.20%chart36.26%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€12,850chart€26,2632022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$13,894chart$27,6782022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€1,518chart€3,9412022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,697chart$4,1532022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2021€2,145chart€10,1132022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2021$2,532chart$10,6492022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€552chart€2,5032022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$571chart$2,6382022Defence Expenditure P.C. [+]
Moody's Rating [+]05/24/2024Baa2Aaa11/10/2023Moody's Rating [+]
S&P Rating [+]06/14/2024BBB+AA+08/05/2011S&P Rating [+]
Fitch Rating [+]03/10/2023BBBAAA03/26/2020Fitch Rating [+]
Corruption Index [+]202252chart692022Corruption Index [+]
Competitiveness Ranking [+]201944ºchart2º2019Competitiveness Ranking [+]
Fragile States Index [+]201860.3chart37.72018Fragile States Index [+]
RTI Raking [+]202270ºchart74º2022RTI Raking [+]
Innovation Ranking [+]201829ºchart6º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20245.4%chart4.2%August 2024Unemployment Rate [+]
Unemployment rate [+]2024Q24.7%chart3.8%2024Q2Unemployment rate [+]
Unemployed [+]2024Q224Kchart6,454K2024Q2Unemployed [+]
NMW [+]2024$1,085.2chart$1,256.72024NMW [+]
NMW [+]2024€1,000.0chart€1,158.02024NMW [+]
Average Wage [+]2023$28,859chart$80,1152023Average Wage [+]
Average Wage [+]2023€26,689chart€62,2072023Average Wage [+]
Human Capital Ranking [+]201738ºchart4º2017Human Capital Ranking [+]
Markets
1.115809/27/2024Euro / United States dollars [+]
US Dollar exchange rate [+]09/27/20240.8962
3.75%09/27/202410-Year Bond Yield [+]
16109/27/2024Risk Premium [+]
Stock ExchangeYTD % [+]09/26/2024111.96%chart12.27%09/27/2024Stock ExchangeYTD % [+]
Prices
2.5%August 2024CPI (overall index) [+]
HICP [+]August 20242.2%chart1.3%August 2024HICP [+]
PPI Year on Year [+]April 2024-4.4%chart1.8%August 2024PPI Year on Year [+]
Money Market
Key rates [+]09/18/20243.65%chart4.75%09/19/2024Key rates [+]
Business
Doing Business [+]202054ºchart8º2019Doing Business [+]
IPI Year on Year [+]April 20242.8%chart0.0%August 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202211,627chart3,028,333August 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202214.93chart48.63August 2024Annual Vehicles/ 1,000 p. [+]
10,060,3392022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021787.94chart872.612020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202236.3%chart27.7%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/13/201419.00%chart0%01/01/2013Standard VAT [+]
Top tax rate + SSC [+]202035.0%chart46.0%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20193,976,777chart79,256,2672019Annual arrivals [+]
Exports [+]2023€4,615.8Mchart€1,867,698.1M2023Exports [+]
Exports [+]2023$4,453.4Mchart$2,019,542.0M2023Exports [+]
Exports % GDP [+]202315.49%chart7.38%2023Exports % GDP [+]
Imports [+]2023€12,838.8Mchart€2,933,981.6M2023Imports [+]
Imports [+]2023$13,987.3Mchart$3,172,514.3M2023Imports [+]
Imports % GDP [+]202343.07%chart11.60%2023Imports % GDP [+]
Trade balance [+]2023€-8,223.0Mchart€-1,066,283.5M2023Trade balance [+]
Trade balance [+]2023$-9,534.0Mchart$-1,152,972.3M2023Trade balance [+]
Trade balance % GDP [+]2023-27.59%chart-4.21%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20239.2%chart2.1%August 2024Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201530ºchart9º2015Global AgeWatch Ranking [+]
Density [+]2023101chart342022Density [+]
Global Peace Ranking [+]202364ºchart131º2023Global Peace Ranking [+]
Crude divorce rate [+]20192.60‰chart3.20‰2016Crude divorce rate [+]
Remittance received ($M) [+]2017334.8chart6,621.02017Remittance received ($M) [+]
% Immigrant [+]202021.25%chart15.29%2020% Immigrant [+]
% Emigrant [+]202019.33%chart0.90%2020% Emigrant [+]
Birth Rate [+]202311.10‰chart11.00‰2022Birth Rate [+]
Remittance sent ($M) [+]2017437.9chart148,488.72017Remittance sent ($M) [+]
Crude death rate [+]20237.20‰chart9.80‰2022Crude death rate [+]
Fertility Rate [+]20221.37chart1.672022Fertility Rate [+]
Crude marriage rate [+]20198.90‰chart6.90‰2016Crude marriage rate [+]
% risk of poverty [+]202313.9%chart11.5%2022% risk of poverty [+]
Population [+]2023933,505chart333,530,0002022Population [+]
Immigrant stock [+]2020190,366chart50,632,8362020Immigrant stock [+]
Emigrant stock [+]2020173,210chart2,996,2232020Emigrant stock [+]
HDI [+]20210.896chart0.9212021HDI [+]
Gender Gap Ranking [+]2023106ºchart43º2023Gender Gap Ranking [+]
Life expectancy [+]202382.50chart77.432022Life expectancy [+]
Suicides [+]202240chart48,1522021Suicides [+]
Suicide rate [+]20212.55chart14.502021Suicide rate [+]
Number of homicides [+]202311chart21,5942022Number of homicides [+]
Rate Homicides per 100.000 [+]20230.87chart6.382022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20226.10chart14.442022CO2 Tons per capita [+]
12,9332023Annual crude oil production [+]
44,418.02021Crude Oil Reserves [+]
Consumption GWh [+]20225,024chart4,128,1772022Consumption GWh [+]
Generation GWh [+]20225,261chart4,291,9542022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20241,451chart1,193,16508/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024696,410chart103,436,82908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]02/22/2023646,142chart230,637,34805/10/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,554.36chart3,577.3808/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]02/22/20231,798,610chart676,728,78205/10/2023Doses administered [+]
Cyprus
United States