Economic Situation of Households in Cyprus in 2024
November 2, 2025
A special report from Eurostat reveals that most households in Cyprus are in good economic condition, with 56.6% managing relatively easily in 2024. However, 24.5% of households are experiencing some financial difficulties. Cypriots appear to have better living conditions compared to other European countries. Additionally, the average annual disposable income in Cyprus is 22,817 PPP, which is above the EU average. Overall, economic inequalities among households are noticeable across the EU.