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Cyprus Wages: Minimum and Average

Cyprus Wages Data

Indicator Data Period
Wages 2069 EUR/Month | 2249.891 USD/Month 3Q/22
Wage Growth  5.3 % 3Q/22


Latest data on Wages (EUR/Month)

Wages
                     Cyprus - Historical Data (EUR/Month)

What is average wage in Cyprus?

  • Average Wages in Cyprus decreased to 2069 EUR/Month (2249.891 USD/Month) in the third quarter of 2022. The maximum rate of average wage for employees was 2296 EUR/Month and minimum was 1360 EUR/Month.
  • Data published Quarterly by Statistical Service.

Historical Data (EUR/Month) by years

Data
Period
Date
2069 3Q/22 18.01.2023
2404 2Q/22 28.09.2022
2019 1Q/22 18.08.2022
2341 4Q/21 31.03.2022
1934 3Q/21 19.02.2022
1916 2Q/21 18.10.2021
1880 1Q/21 06.08.2021
2267 4Q/20 14.04.2021


Historical Chart by presidents (EUR/Month)

Wages in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 1825.0000 2169.0000 2169.0000 1747.0000 18.85%


Latest data on Wage Growth  (%)

Wage Growth 
                     Cyprus - Historical Data (%)

What is the growth rate of wages in Cyprus?

  • Wage Growth in Cyprus increased by 5.3 % in the third quarter of 2022 over the same quarter in the previous year. The maximum growth was 7.1 % and minimum was -3.4 %
  • Data published Quarterly by Statistical Service.

Historical Data (%) by years

Data
Period
Date
5.3 3Q/22 29.12.2022
5 2Q/22 28.09.2022
6.8 1Q/22 29.06.2022
3.6 4Q/21 31.03.2022
1.3 3Q/21 18.01.2022
1.7 2Q/21 28.09.2021
-3.3 1Q/21 29.06.2021
0.4 4Q/20 14.04.2021


Historical Chart by YoY presidents (%)

Wage Growth  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
Unemployment Rate Nov/22 7.5 % 6.9
Job Vacancies Nov/22 8.703 K 9.882
Labor Force Participation Rate 3Q/22 65.4 % 65.1

Wages in other countries

Country Updated Actual Previous
Austria 2021 2746.696 USD/Month 3184.686
Ireland 3Q/22 3764.993 USD/Month 3799.854
Luxembourg 2021 6396.261 USD/Month 5955.027
Spain 3Q/22 2209.656 USD/Month 2342.323
Iceland 2021 5349.563 USD/Month 5071.663
Norway 2Q/22 5328.525 USD/Month 5292.014
Belarus Nov/22 603.951 USD/Month 599.553
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Sep/22 995.871 USD/Month 943.486
Croatia Nov/22 1123.733 USD/Month 1099.736
Cyprus 3Q/22 2249.891 USD/Month 2262.94
Czech Republic 3Q/22 1824.435 USD/Month 1834.872
Denmark 2021 6527.967 USD/Month 6385.966
Estonia 3Q/22 1829.933 USD/Month 1845.191
Euro Area 2Q/22 2213.648 USD/Month 2179.86
Finland 3Q/22 4125.707 USD/Month 4086.559
France 2020 3588.517 USD/Month 3461.288
Germany 4Q/21 4459.548 USD/Month 4322.532
Hungary Nov/22 1528.355 USD/Month 1388.821
Italy 2021 2697.518 USD/Month 2550.381
Latvia Sep/22 1091.836 USD/Month 1120.167
Lithuania 3Q/22 1956.285 USD/Month 1935.624
Macedonia Oct/22 876.133 USD/Month 861.273
Malta 3Q/22 160.085 USD/Month 157.089
Moldova 3Q/22 565.874 USD/Month 551.419
Montenegro Dec/22 980.766 USD/Month 972.048
Poland 3Q/22 1499.17 USD/Month 1423.991
Portugal 2019 1291.866 USD/Month 1273.38
Romania Nov/22 1492.801 USD/Month 1444.076
Russia Oct/22 887.261 USD/Month 878.867
Serbia Nov/22 726.414 USD/Month 698.842
Slovakia Nov/22 1861.012 USD/Month 1444.791
Slovenia Nov/22 2444.524 USD/Month 2204.865
Sweden Oct/22 2911.633 USD/Month 2864.922
Switzerland 2021 7228.078 USD/Month 7242.204
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 3Q/22 576.499 USD/Month 567.638
Bosnia and Herzegovina Nov/22 1006.181 USD/Month 990.59
Kosovo Dec/18 558.79 USD/Month 559.9