Population in Cyprus is expected to be 0.86 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Population is projected to trend around 0.87 Million in 2020, according to our econometric models.


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Cyprus Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 7.4 7.7 7.4 7.2 6.9 6.2
Employed Persons 367 375 375 375 375 378
Unemployed Persons 31888 29259 33017 24075 24290 18457
Long Term Unemployment Rate 2.5 1.68 1.33 1.03 0.77 0.32
Youth Unemployment Rate 19 16.42 15.95 15.7 15.57 15.42
Labour Costs 88.94 91.9 92.17 92.1 92.12 92.12
Job Vacancies 8630 7876 8278 8495 8411 8399
Wages 1827 2156 1834 1891 1892 2170
Population 0.86 0.86 0.86 0.86 0.86 0.87
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 62 62.07 62.15 62.15 62.18 62.21
Part Time Employment 44.6 45 45.22 44.52 43.46 44.74
Productivity 105 107 105 105 110 107
Wage Growth 1.4 1.1 1.17 0.8 0.7 0.8
Employment Change 1 0.79 0.9 0.89 0.84 0.87
Employment Rate 69.4 69.85 69.66 72.06 72.61 74.84
Full Time Employment 347 349 350 364 367 383