Cyprus: Adjusted net national income per capita (constant 2015 US$)

Key figures

What the numbers say

In 2021, Cyprus' adjusted net national income per capita (constant 2015 US$) rose US$657.08 on 2020 (from US$21,008 to US$21,665).

Across the 30 yearly changes before that (1991 to 2020), the average change was +US$194.72 and a typical year strayed about US$1,119 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$2,634 in 1998 and the biggest yearly fall was US$2,301 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about US$336.26 a year. A straight line explains 43% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Cyprus had the 26th highest value of the 135 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Cyprus in the 2021 ranking

• Bahamas, The — 22nd of 135: US$23,262
• Brunei Darussalam — 23rd of 135: US$22,591
• Spain — 24th of 135: US$21,791
• Slovenia — 26th of 135: US$19,636
• Estonia — 27th of 135: US$17,247
• Portugal — 28th of 135: US$16,322

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 46 values

Adjusted net national income per capita (constant 2015 US$) in nearby economies

• Albania — US$4,554 (2021)
• Armenia — US$3,540 (2021)
• Austria — US$36,141 (2021)
• Belarus — US$5,336 (2021)
• Belgium — US$34,719 (2021)
• Bosnia and Herzegovina — US$5,278 (2021)
• Bulgaria — US$8,488 (2021)
• Croatia — US$12,580 (2021)
• Czechia — US$14,650 (2021)

More economic policy & debt data for Cyprus

• Total reserves, including gold (current US$) — US$2.95 billion (2025)
• Total reserves, excluding gold (current US$) — US$999.53 million (2025)
• Food, beverages and tobacco (% of value added in manufacturing) — 32.67% (2023)
• Machinery and transport equipment (% of value added in manufacturing) — 13.81% (2023)
• Other manufacturing (% of value added in manufacturing) — 39.94% (2023)
• Textiles and clothing (% of value added in manufacturing) — 1.35% (2023)
• Chemicals (% of value added in manufacturing) — 12.23% (2023)
• Foreign direct investment, net inflows (BoP, current US$) — US$11.16 billion (2025)
• Adjusted savings, education expenditure (% of GNI)

Reading data like this

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Questions people ask

What is Cyprus's adjusted net national income per capita (constant 2015 US$)?

US$21,665 in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1976?

It is up 249.03% from US$6,207 in 1976 (2.82% a year on average, compounded). The highest value was US$23,523 in 2008 and the lowest US$6,207 in 1976.

How does Cyprus rank?

26th highest of 135 economies with data for 2021.

Is the latest change in adjusted net national income per capita (constant 2015 US$) unusual for Cyprus?

In 2021, Cyprus' adjusted net national income per capita (constant 2015 US$) rose US$657.08 on 2020 (from US$21,008 to US$21,665). Across the 30 yearly changes before that (1991 to 2020), the average change was +US$194.72 and a typical year strayed about US$1,119 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.PC.KD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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