Wages in Cyprus decreased to 2452 EUR/Month in the third quarter of 2025 from 2476 EUR/Month in the second quarter of 2025. Wages in Cyprus averaged 1924.41 EUR/Month from 2003 until 2025, reaching an all time high of 2810.00 EUR/Month in the fourth quarter of 2024 and a record low of 1360.00 EUR/Month in the first quarter of 2003. source: Statistical Service, Ministry of Finance of Republic of Cyprus

Wages in Cyprus is expected to be 2598.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Average Monthly Earnings of Employees is projected to trend around 2601.00 EUR/Month in 2027 and 2666.00 EUR/Month in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 486.98 479.92 Thousand Dec 2024
Employment Change 0.50 0.60 percent Sep 2025
Employment Rate 77.50 77.10 percent Sep 2025
Full Time Employment 451.10 446.80 Thousand Sep 2025
Job Vacancies 14573.00 16053.00 Sep 2025
Labor Force Participation Rate 65.60 65.40 percent Sep 2025
Labour Costs 112.24 111.96 points Sep 2025
Long Term Unemployment Rate 0.80 0.90 percent Sep 2025
Part Time Employment 37.10 39.30 Thousand Sep 2025
Population 0.98 0.97 Million Dec 2025
Productivity 117.03 117.02 points Sep 2025
Retirement Age Men 66.00 65.50 Years Dec 2025
Retirement Age Women 66.00 65.50 Years Dec 2025
Unemployed Persons 21781.00 22663.00 Sep 2025
Unemployment Rate 4.30 4.30 percent Dec 2025
Wage Growth YoY 4.30 4.20 percent Sep 2025
Wages 2452.00 2476.00 EUR/Month Sep 2025
Youth Unemployment Rate 12.90 12.90 percent Dec 2025


Cyprus Average Monthly Earnings of Employees
In Cyprus, wages are benchmarked using nominal salaries.
Actual Previous Highest Lowest Dates Unit Frequency
2452.00 2476.00 2810.00 1360.00 2003 - 2025 EUR/Month Quarterly
NSA

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