Productivity in Cyprus increased to 104 points in the third quarter of 2020 from 99.50 points in the second quarter of 2020. source: EUROSTAT

Productivity in Cyprus averaged 93.27 points from 1995 until 2020, reaching an all time high of 104 points in the third quarter of 2020 and a record low of 76 points in the first quarter of 1995. This page provides - Cyprus Productivity- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Productivity - values, historical data and charts - was last updated on February of 2021.

Productivity in Cyprus is expected to be 105.04 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Cyprus to stand at 106.86 in 12 months time. In the long-term, the Cyprus Productivity is projected to trend around 106.95 points in 2021 and 107.00 points in 2022, according to our econometric models.

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Cyprus Productivity

Actual Previous Highest Lowest Dates Unit Frequency
104.00 99.50 104.00 76.00 1995 - 2020 points Quarterly
2015=100, SA

Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.80 16.50 3.00 percent [+]
Employed Persons 416.50 400.80 416.50 135.00 Thousand [+]
Unemployed Persons 37234.00 30451.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.20 1.80 7.80 0.40 percent [+]
Youth Unemployment Rate 21.30 21.30 41.10 7.80 percent [+]
Labour Costs 94.72 105.57 126.56 65.45 points [+]
Job Vacancies 6839.00 6876.00 16194.00 2137.00 [+]
Wages 1907.00 1900.00 2296.00 1360.00 EUR/Month [+]
Population 0.88 0.86 0.88 0.50 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 2.00 0.40 7.10 -3.40 percent [+]
Labor Force Participation Rate 62.90 62.20 64.70 55.50 percent [+]
Productivity 104.00 99.50 104.00 76.00 points [+]
Part Time Employment 37.30 40.20 50.00 15.80 Thousand [+]
Employment Change -0.40 -0.90 2.40 -2.10 percent [+]
Employment Rate 69.70 69.90 71.50 60.90 percent [+]
Full Time Employment 364.80 365.30 367.30 257.80 Thousand [+]


Cyprus Productivity
In Cyprus, productivity refers to real labour productivity per hour worked.