Cyprus ranked eleventh in EU for real purchasing power

Cyprus ranked 11th in the European Union in 2025 for GDP per capita in purchasing power parity, sharing the position with France at 98 per cent of the EU average, according to preliminary Eurostat data published this week.

The indicator, which adjusts for differences in price levels across member states, is used to compare the real purchasing power of citizens.

Eurostat reported that the EU average stood at €41,600 in purchasing power parity terms in 2025.

At the top of the ranking, Luxembourg recorded GDP per capita at 239 per cent of the EU average, just ahead of Ireland at 237 per cent.

They were followed by the Netherlands at 134 per cent, Denmark at 127 per cent, Austria at 117 per cent, and both Germany and Belgium at 115 per cent.

Sweden and Malta each stood at 110 per cent, while Finland, at 101 per cent, was the only other member state above the EU average.

Cyprus and France, both at 98 per cent, sat just below that threshold. They were followed by Italy at 96 per cent, Czech Republic and Spain at 92 per cent, and Slovenia at 91 per cent.

A broader group of countries remained further behind but still relatively close to the EU benchmark. Lithuania stood at 88 per cent, while Poland and Portugal were both at 81 per cent.

Estonia reached 79 per cent, followed by Croatia and Romania at 78 per cent, Hungary at 76 per cent, and Slovakia at 75 per cent.

At the lower end of the table, Latvia stood at 71 per cent, while Bulgaria and Greece recorded the weakest performance in the bloc, both at 68 per cent of the EU average.

In absolute purchasing power parity terms, Eurostat’s preliminary figures showed Luxembourg at €99,300 and Ireland at €98,800, far above the EU average.

At the other end, Bulgaria stood at €28,300 and Greece at €28,500. Cyprus and France both reached €40,700, compared with €39,900 for Italy, €38,400 for Czech Republic and €38,100 for Spain.

Eurostat said only 10 of the 27 member states were above the EU average in 2025. The figures are based on preliminary estimates for both GDP and purchasing power parities.