High per capita income

Cypriots enjoy a high standard of living. In terms of per capita income, estimated at EUR17.048 in 2005, Cyprus is classified by the World Bank among the high-income economies.

The GDP per capita is the value of all final goods and services produced within a nation in a given year, divided by the average population for the same year.

According to the International Monetary Fund (IMF), Cyprus's real per capita income has reached above 80% average EU 25 income level when adjusted for purchasing power.

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