Labour Costs in Cyprus increased to 109.97 points in the second quarter of 2025 from 108.94 points in the first quarter of 2025. Labour Costs in Cyprus averaged 89.12 points from 1995 until 2025, reaching an all time high of 109.97 points in the second quarter of 2025 and a record low of 65.22 points in the second quarter of 1995. source: European Central Bank

Labour Costs in Cyprus is expected to be 110.89 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Labour Costs is projected to trend around 115.82 points in 2026 and 118.72 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 486.98 479.92 Thousand Dec 2024
Employment Change 0.50 0.50 percent Jun 2025
Employment Rate 75.60 75.60 percent Mar 2025
Full Time Employment 438.80 436.10 Thousand Mar 2025
Job Vacancies 13524.00 12997.00 Mar 2025
Labor Force Participation Rate 64.40 65.10 percent Mar 2025
Labour Costs 109.97 108.94 points Jun 2025
Long Term Unemployment Rate 1.20 1.10 percent Mar 2025
Part Time Employment 36.40 37.00 Thousand Mar 2025
Population 0.98 0.97 Million Dec 2025
Productivity 115.75 114.90 points Jun 2025
Retirement Age Men 66.00 65.50 Years Dec 2025
Retirement Age Women 66.00 65.50 Years Dec 2025
Unemployed Persons 26161.00 23603.00 Mar 2025
Unemployment Rate 5.00 4.70 percent Jul 2025
Wage Growth YoY 5.40 5.00 percent Mar 2025
Wages 2509.00 2813.00 EUR/Month Mar 2025
Youth Unemployment Rate 14.80 14.80 percent Jun 2025



Cyprus Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
109.97 108.94 109.97 65.22 1995 - 2025 points Quarterly
2020=100, SA