Wage Payments into Accounts Statistics in Cyprus (2026)
In 2021, 42.8% of adults in Cyprus received wage payments into an account, according to World Bank Global Findex data. Up from 33% in 2017 to 42.8% in 2021 (+9.8 percentage points). Cyprus ranks #24 of 46 economies in Europe & Central Asia on this measure, and #36 of 140 globally.
Key Statistics
- Latest value (2021)
- 42.8% (2021)
- Wage Payments into Accounts in Cyprus as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- +9.8 pp (2021)
- Up from 33% in 2017 to 42.8% in 2021 (+9.8 percentage points).
- Earliest value in this dataset (2014)
- 26.3% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 26.3% in 2014 to 42.8% in 2021.
- Record high (2021)
- 42.8% (2021)
- The 2021 value is the highest in the available World Bank Global Findex series for Cyprus.
- Rank in Europe & Central Asia
- #24 of 46 (2021)
- Cyprus ranks 24 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #36 of 140 (2021)
- Cyprus ranks 36 of 140 countries with data globally.
- Europe & Central Asia average
- 43.6% (2021)
- Cyprus (42.8%) is below the average of 43.6% across the 46 countries in Europe & Central Asia with data.
- Among women (2021)
- 39.9% (2021)
- Value for women in Cyprus, same 2021 World Bank Global Findex data.
- Among men (2021)
- 46% (2021)
- Value for men in Cyprus, same 2021 World Bank Global Findex data.
- Gender gap (women minus men)
- −6 pp (2021)
- In 2021, the figure was 39.9% for women and 46% for men — 6 percentage points lower among women.
- Internet use in Cyprus (2024)
- 89.6% (2024)
- 89.6% of the population in Cyprus used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 1.4 million (2024)
- Cyprus had a population of 1.4 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 42.8% | +9.8 pp |
| 2017 | 33% | +6.6 pp |
| 2014 | 26.3% | — |
Frequently asked questions
What share of adults in Cyprus received wage payments into an account?
42.8% of adults in Cyprus received wage payments into an account in 2021, according to World Bank Global Findex data.
Where does the wage payments into accounts data for Cyprus come from?
The data comes from the World Bank Global Findex (indicator fin32.acc). The latest observation for Cyprus is from 2021; the snapshot was retrieved on 2026-06-10.
How has wage payments into accounts in Cyprus changed over time?
World Bank Global Findex data show a rise from 26.3% in 2014 to 42.8% in 2021.
Source & methodology
Source: World Bank Global Findex, indicator
fin32.acc, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .