Average gross monthly earnings of employees in Cyprus increased by 4.3% year-on-year, reaching EUR 2,452 in the third quarter of 2025, following a 4.2% growth in the previous quarter. Wages for men rose by 3.8% to EUR 2,622, while wages for women increased by 4.9% to EUR 2,238. Compared with the previous quarter, seasonally adjusted wages rose by 0.7% to EUR 2,602. source: Statistical Service of the Republic of Cyprus

Wages in Cyprus increased 4.30 percent in September of 2025 over the same month in the previous year. Wage Growth in Cyprus averaged 2.65 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 February of 2026.

Wages in Cyprus increased 4.30 percent in September of 2025 over the same month in the previous year. Wage Growth in Cyprus is expected to be 3.60 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 3.00 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-10-29 11:00 AM
Wage Growth YoY
Q2 4.2% 4.9% 5.1%
2026-01-28 11:00 AM
Wage Growth YoY
Q3 4.3% 4.2% 4.0%
2026-04-30 10:00 AM
Wage Growth YoY
Q4 4.3%


Related Last Previous Unit Reference
Employed Persons 486.98 479.92 Thousand Dec 2024
Job Vacancies 14573.00 16053.00 Sep 2025
Labor Force Participation Rate 65.60 65.40 percent Sep 2025
Unemployed Persons 21781.00 22663.00 Sep 2025
Wage Growth YoY 4.30 4.20 percent Sep 2025


Cyprus Wage Growth
In Cyprus, Wage Growth measures the year-on-year change in average monthly earnings of employees.
Actual Previous Highest Lowest Dates Unit Frequency
4.30 4.20 9.60 -3.40 2004 - 2025 percent Quarterly
NSA

News Stream
Cyprus Wages Up 4.3% YoY in Q3
Average gross monthly earnings of employees in Cyprus increased by 4.3% year-on-year, reaching EUR 2,452 in the third quarter of 2025, following a 4.2% growth in the previous quarter. Wages for men rose by 3.8% to EUR 2,622, while wages for women increased by 4.9% to EUR 2,238. Compared with the previous quarter, seasonally adjusted wages rose by 0.7% to EUR 2,602.
2026-01-28
Cyprus Wages Rise 4.2% YoY in Q2
Average gross monthly earnings of employees in Cyprus increased by 4.2% year-on-year to EUR 2,476 in the second quarter of 2025, following a 4.9% growth in the previous quarter. Wages for men rose by 3.8% to EUR 2,656, while those for women grew by 4.7% to EUR 2,251. Compared to the previous quarter, seasonally adjusted wages increased by 0.9% to EUR 2,583.
2025-10-29
Cyprus Wages Grow 5.4% YoY in Q1
Average gross monthly earnings of employees in Cyprus increased by 5.4% year-on-year to EUR 2,509 in the first quarter of 2025, following a 5% rise in the previous period. Wages for female employees went up by 5.5% to EUR 2,284, while those for male employees grew by 5.2% from a year ago to EUR 2,689. Compared to the previous quarter, seasonally adjusted wages rose by 1.4%, following a 1.2% increase in the preceding period.
2025-07-29