CY · 2023 · tesem220

Tax rate on low wage earners - Unemployment trap

Cyprus, 2023

Tax rate on low wage earners - Unemployment trap
132.4
Cyprus, 2023
▼ 0.6% vs 2022 (133.2)
Analysis

In 2023, Cyprus's tax rate on low wage earners decreased by 0.6% compared to 2022, reaching 132.4.

Cyprus accounts for 89.3% of the EU-27 total of 148.3.

Cyprus ranks 23rd out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 3.4% (from 128.0 in 2018).

Source: Eurostat dataset tesem220, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2023
#23 of 27
% of EU-27 total · 2023
89.3%
EU-27: 148.3
Cyprus timeline (last 15 years)
2005 2024