Labour Costs in Cyprus increased to 112.24 points in the third quarter of 2025 from 111.96 points in the second quarter of 2025. Labour Costs in Cyprus averaged 89.42 points from 1995 until 2025, reaching an all time high of 112.24 points in the third 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 115.34 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 119.08 points in 2027 and 122.05 points 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 Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
112.24 111.96 112.24 65.22 1995 - 2025 points Quarterly
2020=100, SA