Cyprus PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Cyprus's ppp conversion factor was 0.56 in 2025, ranked 177th globally. This represents a 1.3% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Cyprus's ppp conversion factor stood at 0.56 in 2025, a decline of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.56 by 2025. Cyprus ranked 177th globally.
Cyprus' PPP Conversion Factor has remained relatively stable over the past 36 years, oscillating between 0.56 and 0.74. The country's all-time peak occurred in 2003, when the factor stood at 0.74, indicating a relatively high purchasing power parity relative to the US dollar. Conversely, the current value of 0.56, recorded in 2025, places Cyprus at 177th globally, near its all-time trough. This positioning is closely matched by its peer countries, with Malta boasting a slightly higher factor of 0.58. Slovenia, another regional comparator, has a factor of 0.55. The stagnation of Cyprus' PPP Conversion Factor over the years suggests a lack of significant economic growth, potentially hindering the country's ability to improve its standard of living. A shift in economic policies or a boost in productivity could potentially alter this trajectory, prompting an upward revision in the PPP Conversion Factor and a corresponding improvement in Cyprus' global ranking.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.55 | - | - |
| 2026* trend | 0.56 | - | - |
| 2025* trend | 0.56 | - | - |
| 2025 | 0.56 | −0.01 | #177 |
| 2024 | 0.57 | +0.00 | #22 |
| 2023 | 0.57 | +0.00 | #23 |
| 2022 | 0.56 | −0.02 | #23 |
| 2021 | 0.58 | +0.01 | #24 |
| 2020 | 0.58 | −0.01 | #25 |
| 2019 | 0.59 | −0.02 | #24 |
| 2018 | 0.61 | −0.00 | #24 |
| 2017 | 0.62 | −0.01 | #25 |
| 2016 | 0.62 | −0.04 | #26 |
| 2015 | 0.66 | −0.02 | #26 |
| 2014 | 0.68 | −0.01 | #29 |
| 2013 | 0.69 | −0.02 | #30 |
| 2012 | 0.71 | +0.01 | #32 |
| 2011 | 0.70 | −0.00 | #28 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's ppp conversion factor was 0.56 in 2025. Ranked 177th globally. This represents a 1.3% decrease from the previous year.
Cyprus's ppp conversion factor peaked at 0.74 in 2003.
The lowest ppp conversion factor in Cyprus was 0.56 in 2025.
Cyprus ranks 177th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Cyprus's ppp conversion factor is projected to reach 0.56 by 2025 based on trend extrapolation.
The ppp conversion factor of Cyprus in 2025 was 0.56. This ranks 177th in the world.
Cite this page
@misc{historysaid_cyprus_ppp-conversion-factor,
title = {Cyprus PPP Conversion Factor},
url = {https://historysaid.com/cyprus/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}