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Cyprus Wages: Minimum and Average

Cyprus Wages Data

Indicator Data Period
Wages 2019 EUR/Month | 2050.371 USD/Month 1Q/22
Wage Growth  6.8 % 1Q/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 2019 EUR/Month (2050.371 USD/Month) in the first 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
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
1907 3Q/20 29.12.2020
1925 2Q/20 28.09.2020


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 6.8 % in the first 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
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
2 3Q/20 29.12.2020
1.7 2Q/20 28.09.2020


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 Jun/22 5.1 % 4.9
Job Vacancies Jun/22 18.357 K 18.686
Labor Force Participation Rate 1Q/22 64.3 % 64.5

Wages in other countries

Country Updated Actual Previous
Austria 2021 2563.034 USD/Month 2971.736
Ireland 1Q/22 3578.691 USD/Month 3517.69
Luxembourg 2020 5557.137 USD/Month 5582.554
Spain 1Q/22 2040.464 USD/Month 2202.115
Iceland 2020 5289.55 USD/Month 5029.053
Norway 1Q/22 5379.276 USD/Month 5192.682
Belarus Jun/22 631.015 USD/Month 610.447
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Jun/22 887.712 USD/Month 886.674
Croatia May/22 1041.414 USD/Month 1022.048
Cyprus 1Q/22 2050.371 USD/Month 2443.384
Czech Republic 1Q/22 1569.298 USD/Month 1660.571
Denmark 2020 5954.606 USD/Month 5820.01
Estonia 1Q/22 1619.33 USD/Month 1651.859
Euro Area 3Q/21 1993.501 USD/Month 1929.522
Finland 3Q/21 3752.299 USD/Month 3737.054
France 2019 3232.457 USD/Month 3185.742
Germany 4Q/21 4232.761 USD/Month 4194.171
Hungary May/22 1209.073 USD/Month 1235.296
Italy 2020 2369.25 USD/Month 2540.875
Latvia Mar/22 1026.709 USD/Month 921.093
Lithuania 1Q/22 1756.88 USD/Month 1705.088
Macedonia May/22 776.655 USD/Month 778.639
Malta 1Q/22 144.376 USD/Month 129.566
Moldova 1Q/22 497.691 USD/Month 508.467
Montenegro Jun/22 886.564 USD/Month 889.611
Poland 2Q/22 1324.184 USD/Month 1341.177
Portugal 2019 1206.459 USD/Month 1189.195
Romania Jun/22 1333.708 USD/Month 1322.269
Russia May/22 1000.561 USD/Month 997.549
Serbia May/22 641.392 USD/Month 631.395
Slovakia Jun/22 1397.38 USD/Month 1464.405
Slovenia May/22 2020.92 USD/Month 2033.107
Sweden May/22 2876.176 USD/Month 2845.415
Switzerland 2020 6665.967 USD/Month 6613.512
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 1Q/22 514.369 USD/Month 517.173
Bosnia and Herzegovina May/22 881.634 USD/Month 861.881
Kosovo Dec/18 558.79 USD/Month 559.9