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Unemployment Rate and Employment Data in Cyprus

Cyprus Unemployment Data

Indicator Data Period
Unemployment Rate 7.7 % Dec/22
Youth Unemployment Rate 22.6 % Dec/22
Employed Persons 432 Thousand Person | 0.432 Million Person 2021
Employment Change  1 % 3Q/22
Employment Rate  73.2 % 3Q/22
Full Time Employment 400 Thousand Person 3Q/22
Long Term Unemployment Rate 2 % 3Q/22
Part Time Employment 38.6 Thousand Persons 3Q/22
Unemployed Persons 32868 Persons | 0.033 Million Persons 3Q/22


Latest data on Unemployment Rate (%)

Unemployment Rate
                     Cyprus - Historical Data (%)

What is Unemployment Rate in Cyprus?

  • Unemployment Rate in Cyprus increased to 7.7 % in December 2022. The maximum rate was 16.5 % and minimum was 3 %.
  • Data published Monthly by Eurostat.

Historical Data (%) by years

Data
Period
Date
7.7 Dec/22 01.02.2023
7.5 Nov/22 09.01.2023
8 Oct/22 01.12.2022
8 Sep/22 03.11.2022
8.6 Aug/22 30.09.2022
8 Jul/22 01.09.2022
5.1 Jun/22 01.08.2022
4.8 May/22 30.06.2022


Historical Chart by presidents (%)

Unemployment Rate in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 10.8000 8.6000 11.3000 8.6000 -20.37%


Latest data on Youth Unemployment Rate (%)

Youth Unemployment Rate
                     Cyprus - Historical Data (%)

What is Youth Unemployment Rate in Cyprus?

  • Youth Unemployment Rate in Cyprus remained unchanged at 22.6 % in December 2022. The maximum rate was 41.1 % and minimum was 7.8 %.
  • Data published Monthly by Eurostat.

Historical Data (%) by years

Data
Period
Date
22.6 Dec/22 02.02.2023
20.6 Sep/22 05.11.2022
18.4 Jun/22 06.08.2022
16 Mar/22 07.05.2022
15.1 Dec/21 05.02.2022
15 Sep/21 18.01.2022
20.1 Jun/21 31.07.2021
18.7 Mar/21 01.05.2021


Historical Chart by presidents (%)

Youth Unemployment Rate in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 20.3000 22.8000 26.3000 20.3000 12.32%


Latest data on Employed Persons (Thousand Person)

Employed Persons
                     Cyprus - Historical Data (Thousand Person)

How many employed persons are in Cyprus?

  • Number of Employed Persons in Cyprus increased to 432 Thousand Person (0.432 Million Person) in 2021. The maximum rate was 417 Thousand Person and minimum was 135 Thousand Person.
  • Data published Yearly by Statistical Service.

Historical Data (Thousand Person) by years

Data
Period
Date
432 2021 05.03.2022
417 2020 24.04.2021
416 2019 06.05.2020
401 2018 04.07.2019


Historical Chart by presidents (Thousand Person)

Employed Persons in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Change  (%)

Employment Change 
                     Cyprus - Historical Data (%)

What is Employment Change rate in Cyprus?

  • Employment Change in Cyprus increased by 1 % in the third quarter of 2022. The maximum change was 2.4 % and minimum was -2.1 %.
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
1 3Q/22 07.12.2022
0.4 2Q/22 01.11.2022
0.6 1Q/22 18.08.2022
0.3 4Q/21 26.05.2022
0.6 3Q/21 17.02.2022
0.1 2Q/21 15.10.2021
0.8 1Q/21 21.06.2021
-0.4 3Q/20 15.02.2021


Historical Chart by QoQ presidents (%)

Employment Change  in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Employment Rate  (%)

Employment Rate 
                     Cyprus - Historical Data (%)

What is Employment Rate in Cyprus?

  • Employment Rate in Cyprus increased to 73.2 % in the third quarter of 2022. The maximum rate was 71.5 % and minimum was 60.9 %.
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
73.2 3Q/22 17.01.2023
72.7 2Q/22 17.09.2022
72 1Q/22 16.07.2022
72.3 4Q/21 07.05.2022
72.3 3Q/21 22.01.2022
70.1 2Q/21 23.10.2021
68.5 1Q/21 06.08.2021
69.9 4Q/20 24.04.2021


Historical Chart by QoQ presidents (%)

Employment Rate  in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Full Time Employment (Thousand Person)

Full Time Employment
                     Cyprus - Historical Data (Thousand Person)

What is the number of full-time workers in Cyprus?

  • Full Time Employment in Cyprus increased to 400 Thousand Person in the third quarter of 2022. The maximum rate was 367 Thousand Person and minimum was 258 Thousand Person.
  • Data published Quarterly by Eurostat.

Historical Data (Thousand Person) by years

Data
Period
Date
400 3Q/22 31.12.2022
392 2Q/22 17.09.2022
387 1Q/22 18.08.2022
385 4Q/21 19.03.2022
385 3Q/21 18.01.2022
372 2Q/21 18.09.2021
357 1Q/21 24.07.2021
365 4Q/20 06.03.2021


Historical Chart by presidents (Thousand Person)

Full Time Employment in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Long Term Unemployment Rate (%)

Long Term Unemployment Rate
                     Cyprus - Historical Data (%)

What is Long Term Unemployment Rate in Cyprus?

  • Long Term Unemployment Rate in Cyprus decreased to 2 % in the third quarter of 2022. The maximum rate was 7.8 % and minimum was 0.4 %.
  • Data published Quarterly by Eurostat.

Historical Data (%) by years

Data
Period
Date
2 3Q/22 10.01.2023
2.6 2Q/22 01.11.2022
2.3 1Q/22 16.07.2022
2.3 4Q/21 27.05.2022
2.2 3Q/21 17.02.2022
3 2Q/21 18.01.2022
2.8 1Q/21 17.07.2021
2.4 4Q/20 10.07.2021


Historical Chart by presidents (%)

Long Term Unemployment Rate in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Part Time Employment (Thousand Persons)

Part Time Employment
                     Cyprus - Historical Data (Thousand Persons)

What is Part Time Employment in Cyprus?

  • Part Time Employment in Cyprus decreased to 38.6 Thousand Persons in the third quarter of 2022. The maximum rate was 50 Thousand Persons and minimum was 15.8 Thousand Persons.
  • Data published Quarterly by Eurostat.

Historical Data (Thousand Persons) by years

Data
Period
Date
38.6 3Q/22 31.12.2022
42.1 2Q/22 17.09.2022
41 1Q/22 18.08.2022
43.2 4Q/21 19.03.2022
41.6 3Q/21 18.01.2022
41.3 2Q/21 18.09.2021
42.9 1Q/21 24.07.2021
41.8 4Q/20 06.03.2021


Historical Chart by presidents (Thousand Persons)

Part Time Employment in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Unemployed Persons (Persons)

Unemployed Persons
                     Cyprus - Historical Data (Persons)

How many Unemployed Persons are in Cyprus?

  • Number of Unemployed Persons in Cyprus remained unchanged at 32868 Persons (0.033 Million Persons) in the third quarter of 2022. The maximum rate was 77142 Persons and minimum was 12448 Persons.
  • Data published Quarterly by Statistical Service.

Historical Data (Persons) by years

Data
Period
Date
32868 3Q/22 17.12.2022
32903 2Q/22 10.09.2022
31305 1Q/22 04.06.2022
29600 4Q/21 05.03.2022
31355 3Q/21 18.01.2022
39224 2Q/21 28.08.2021
38970 1Q/21 12.06.2021
36677 4Q/20 06.03.2021


Historical Chart by presidents (Persons)

Unemployed Persons in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Cyprus

Index Updated Actual Previous
Retirement Age Men 2022 65 65
Wages 3Q/22 2237.289 USD/Month 2250.265
Job Vacancies Dec/22 7.985 K 8.703
Labor Force Participation Rate 3Q/22 65.4 % 65.1

Unemployment Rate in other countries

Country Updated Actual Previous
Austria Jan/23 7.6 % 7.4
Ireland Jan/23 4.4 % 4.4
Luxembourg Dec/22 4.8 % 4.9
Spain 4Q/22 12.87 % 12.67
Iceland Dec/22 3.3 % 4.9
Norway Dec/22 3.1 % 3.2
Belarus Dec/21 3.9 % 4.05
Belgium Dec/22 5.5 % 5.5
Bulgaria Nov/22 4.4 % 4.3
Croatia Dec/22 6.8 % 6.7
Cyprus Dec/22 7.7 % 7.5
Czech Republic Dec/22 3.7 % 3.5
Denmark Dec/22 2.4 % 2.3
Estonia 3Q/22 5.6 % 5.8
Euro Area Dec/22 6.6 % 6.6
European Union Dec/22 6.1 % 6
Finland Dec/22 6.7 % 5.9
France 3Q/22 7.3 % 7.4
Germany Jan/23 5.5 % 5.5
Greece Dec/22 11.6 % 11.6
Hungary Dec/22 3.9 % 3.8
Italy Dec/22 7.8 % 7.8
Latvia 3Q/22 6.9 % 6.6
Lithuania Dec/22 8.9 % 8.3
Macedonia 3Q/22 14.3 % 14.5
Malta 3Q/22 2.9 % 2.9
Moldova 3Q/22 2.5 % 2.4
Montenegro Dec/22 20.08 % 19.99
Netherlands Dec/22 3.5 % 3.6
Poland Dec/22 5.2 % 5.1
Portugal 3Q/22 5.8 % 5.7
Romania Dec/22 5.6 % 5.4
Russia Nov/22 3.7 % 3.9
Serbia 3Q/22 8.9 % 8.9
Slovakia Dec/22 5.9 % 5.8
Slovenia Nov/22 5.3 % 5.4
Sweden Dec/22 6.9 % 6.4
Switzerland Dec/22 2.1 % 2
Turkey Nov/22 10.2 % 10.2
Ukraine 4Q/21 10.6 % 9.2
United Kingdom Aug/19 3.9 %
Liechtenstein 2021 1.6 % 1.9
Albania 3Q/22 10.8 % 11.5
Bosnia and Herzegovina Oct/22 31.12 % 31.53
Kosovo 4Q/21 20.7 % 25.9