CY · 2024 · tesem220

Tax rate on low wage earners - Unemployment trap

Cyprus, 2024

Tax rate on low wage earners - Unemployment trap
133.4
Cyprus, 2024
▲ 0.8% vs 2023 (132.4)
Analysis

In 2024, Cyprus's tax rate on low wage earners increased by 0.8% compared to 2023, reaching 133.4.

Cyprus accounts for 89.6% of the EU-27 total of 148.8.

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 3.6% (from 128.8 in 2019).

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

Rank in EU-27 · 2024
#23 of 27
% of EU-27 total · 2024
89.6%
EU-27: 148.8
Cyprus timeline (last 15 years)
2005 2024