Unemployment Rate in Cyprus increased to 9.40 percent in April from 7.10 percent in March of 2021. source: EUROSTAT
Unemployment Rate in Cyprus averaged 7.81 percent from 2000 until 2021, reaching an all time high of 16.50 percent in March of 2014 and a record low of 3 percent in March of 2002. This page provides the latest reported value for - Cyprus Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Unemployment Rate in Cyprus is expected to be 11.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Cyprus to stand at 10.00 in 12 months time. In the long-term, the Cyprus Unemployment Rate is projected to trend around 9.50 percent in 2022 and 7.90 percent in 2023, according to our econometric models.