Financial burden of the total housing cost in Cyprus
Cyprus: Financial burden of the total housing cost was 51.4% in 2023. ▼ Falling
Financial burden of the total housing cost in Cyprus, 2005–2023
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for financial burden of the total housing cost in Cyprus is 51.4%, measured in 2023. That is the lowest value across all 17 years on record.
The figure is down 14.0% on the previous year and down 32.3% over ten years.
Over the whole period, financial burden of the total housing cost in Cyprus peaked at 76.9% in 2014 and was at its lowest, 51.4%, in 2023.
That places Cyprus 3rd out of 49 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Financial burden of the total housing cost in Cyprus, year by year
| Year | Percentage | Change |
|---|---|---|
| 2005 | 63.2% | — |
| 2006 | 71.2% | +12.7% |
| 2007 | 69.0% | -3.1% |
| 2008 | 67.4% | -2.3% |
| 2009 | 63.8% | -5.3% |
| 2010 | 70.0% | +9.7% |
| 2011 | 73.8% | +5.4% |
| 2012 | 72.0% | -2.4% |
| 2013 | 75.9% | +5.4% |
| 2014 | 76.9% | +1.3% |
| 2015 | 71.5% | -7.0% |
| 2016 | 66.6% | -6.9% |
| 2017 | 65.0% | -2.4% |
| 2018 | 63.9% | -1.7% |
| 2019 | 62.6% | -2.0% |
| 2020 | 59.8% | -4.5% |
| 2023 | 51.4% | -14.0% |
Cyprus compared with similar countries
- Cyprus's 51.4% is above the median for Europe & Central Asia, which is 26.1%, 2.0× the median. (34 countries reporting)
- Cyprus's 51.4% is above the median for high income countries, which is 25.2%, 2.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66.9% | 63.2% | 71.2% | 5 |
| 2010s | 69.8% | 62.6% | 76.9% | 10 |
| 2020s | 55.6% | 51.4% | 59.8% | 2 |
Countries ranked near Cyprus
More urban development data for Cyprus
- Population density 147 people per sq. km of land area (2024)
- PM2.5 air pollution, mean annual exposure 16.07 micrograms per cubic meter (2023)
- Crude steelmaking capacity 0 Tonnes (2025)
- Africa's Development Dynamics (AfDD) Table 23 - Ecological 29.08 Hectares (2020)
- Establishments, bedrooms and bed-places in tourist accommodation, by 734 Number (2025)
- PM2.5 air pollution, population exposed to levels exceeding WHO 100.0% (2017)
- Nights spent at tourist accommodation establishments by degree of 19.08 million Number (2025)
- Housing cost overburden rate by NUTS 2 region 2.4% (2025)
- Expenditure on housing function by type of benefit and means-testing 133.42 Million euro (2024)
- Road freight transport by load capacity (LC) of vehicle and type of 1,099 Million tonne-kilometre (TKM) (2025)
Frequently asked questions
- What is financial burden of the total housing cost in Cyprus?
- Financial burden of the total housing cost in Cyprus was 51.4% in 2023, according to Eurostat.
- What is the highest financial burden of the total housing cost recorded in Cyprus?
- The highest recorded value was 76.9% in 2014.
- What is the lowest financial burden of the total housing cost recorded in Cyprus?
- The lowest recorded value was 51.4% in 2023.
- How does Cyprus rank for financial burden of the total housing cost?
- Cyprus ranks 3rd out of 49 countries with data for 2023.
- Is financial burden of the total housing cost rising or falling in Cyprus?
- Over the last ten years it is down 32.3%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Financial burden of the total housing cost. Statizoid updates them automatically from the source API.
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