Cypriots remain slightly less satisfied with their financial situation compared to the EU average, according to data published Thursday by Eurostat.
Based on 2022 figures, EU citizens rated their economic situation at an average of 6.6 on a scale from 0 to 10. In Cyprus, satisfaction stood at 6.4, up from 6.1 in 2018 and a significant improvement from 5.2 in 2013.
The highest levels of economic satisfaction were reported in the Netherlands and Finland (both 7.6), followed by Sweden (7.4) and Austria (7.3).
At the other end of the scale, six EU countries recorded scores below 6, meaning citizens there were more dissatisfied than satisfied with their finances. Bulgaria ranked lowest at 4.6, followed by Greece (5.3), Croatia (5.7), Slovakia (5.8), and Hungary and Latvia (both 5.9).
Marked improvement since 2013
Between 2013 and 2022, financial satisfaction increased across most EU member states. The only exceptions were Denmark, Luxembourg, and Sweden, where it declined slightly, and France and Finland, where it remained unchanged. (Germany had no available data for 2022.)
The sharpest gains were seen in Portugal (+1.4 points), followed by Ireland, Cyprus, and Slovenia (+1.3, +1.2, and +1.1 points, respectively).