Labour Costs in Cyprus increased to 112.17 points in the first quarter of 2026 from 112.07 points in the fourth quarter of 2025. Labour Costs in Cyprus averaged 89.84 points from 1995 until 2026, reaching an all time high of 112.17 points in the first quarter of 2026 and a record low of 65.23 points in the second quarter of 1995. source: European Central Bank

Labour Costs in Cyprus is expected to be 115.79 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 118.89 points in 2027 and 121.51 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 504.64 491.52 Thousand Dec 2025
Employment Change 0.10 0.80 percent Mar 2026
Employment Rate 76.90 77.20 percent Mar 2026
Full Time Employment 451.10 453.00 Thousand Mar 2026
Job Vacancies 13905.00 13538.00 Mar 2026
Labor Force Participation Rate 64.70 65.20 percent Mar 2026
Labour Costs 112.17 112.07 points Mar 2026
Long Term Unemployment Rate 0.80 0.70 percent Mar 2026
Part Time Employment 37.10 36.30 Thousand Mar 2026
Population 0.98 0.97 Million Dec 2025
Productivity 117.44 116.97 points Mar 2026
Retirement Age Men 66.50 66.00 Years Dec 2026
Retirement Age Women 66.50 66.00 Years Dec 2026
Unemployed Persons 21246.00 21289.00 Mar 2026
Unemployment Rate 3.10 3.20 percent May 2026
Wage Growth YoY 4.40 4.30 percent Dec 2025
Wages 2932.00 2452.00 EUR/Month Dec 2025
Youth Unemployment Rate 12.50 12.50 percent Mar 2026


Cyprus Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
112.17 112.07 112.17 65.23 1995 - 2026 points Quarterly
2020=100, SA