Wages in Cyprus increased to 2222 EUR/Month in the fourth quarter of 2018 from 1824 EUR/Month in the third quarter of 2018. Wages in Cyprus averaged 1802.59 EUR/Month from 2003 until 2018, reaching an all time high of 2296 EUR/Month in the fourth quarter of 2012 and a record low of 1360 EUR/Month in the first quarter of 2003.
Wages in Cyprus is expected to be 1886.60 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Cyprus to stand at 1869.02 in 12 months time. In the long-term, the Cyprus Average Monthly Earnings of Employees is projected to trend around 1961.72 EUR/Month in 2020, according to our econometric models.