Average gross monthly earnings of employees in Cyprus increased by 4.4% year-on-year, reaching EUR 2,932 in the fourth quarter of 2025, following a 4.3% rise in the previous quarter. Wages for men rose by 4.2% to EUR 3,102, up from EUR 2,622 in Q3. Meanwhile, wages for women increased by 4.5% to EUR 2,718, compared with EUR 2,238 in the previous quarter. For the full year, average monthly earnings grew by 4.9% to EUR 2,605 in 2025, up from EUR 2,483 in 2024. The median gross monthly earnings stood at EUR 1,968. source: Statistical Service of the Republic of Cyprus
Wages in Cyprus increased 4.40 percent in December of 2025 over the same month in the previous year. Wage Growth in Cyprus averaged 2.67 percent from 2004 until 2025, reaching an all time high of 9.60 percent in the first quarter of 2023 and a record low of -3.40 percent in the fourth quarter of 2013. This page provides - Cyprus Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Wages in Cyprus increased 4.40 percent in December of 2025 over the same month in the previous year. Wage Growth in Cyprus is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Wage Growth is projected to trend around 2.80 percent in 2027 and 2.20 percent in 2028, according to our econometric models.