Nicosia, Cyprus. The Financial Wellbeing Institute on Monday released its 2025 Financial Wellbeing Index report, showing a modest improvement in the population’s financial health while indicating that many households remain under pressure. The index rose to 54.6 points, about four points higher than in 2024.
Index categories
The findings were presented by Financial Wellbeing Institute president Panayiotis C. Andreou, who said citizens were grouped into five profiles ranging from the most vulnerable to the most thriving.
According to the report, 15.4 per cent of the population is classified as financially vulnerable and 23.0 per cent as financially struggling. Together, these two lowest categories account for 38.4 per cent of the population.
Among the remaining groups, 27.7 per cent are financially adequate, 20.8 per cent are financially secure, and 13.1 per cent are financially thriving.
Financial stress
The research was supported by Mastercard and conducted by IMR at the University of Nicosia. It found that financial stress remains the weakest dimension of the index.
This was the only pillar to score below the 50-point threshold, at 48.8 points. Nearly one in two citizens, or 49.5 per cent, said financial issues are a source of stress and anxiety, while 45.1 per cent said they struggle to make ends meet.
Retirement concerns
The report also identified retirement planning as a major area of concern, with nearly half of the population doubting they will be able to maintain their current standard of living after they stop working.