Wages in Cyprus decreased to 1827 EUR/Month in the second quarter of 2018 from 1853 EUR/Month in the first quarter of 2018. Wages in Cyprus averaged 1795.34 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 2156.00 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 1891.62 in 12 months time. In the long-term, the Cyprus Average Monthly Earnings of Employees is projected to trend around 2170.00 EUR/Month in 2020, according to our econometric models.

Cyprus Average Monthly Earnings of Employees
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Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.40 16.70 3.00 percent [+]
Employed Persons 367.30 358.20 398.20 135.00 Thousand [+]
Unemployed Persons 34728.00 31888.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.50 3.20 7.80 0.40 percent [+]
Youth Unemployment Rate 19.00 19.00 40.50 7.80 percent [+]
Labour Costs 86.07 88.94 116.33 58.87 Index Points [+]
Job Vacancies 8156.00 8630.00 16194.00 2137.00 [+]
Wages 1827.00 1853.00 2296.00 1360.00 EUR/Month [+]
Population 0.86 0.85 0.87 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 [+]
Labor Force Participation Rate 62.00 62.00 64.70 55.50 percent [+]
Part Time Employment 44.60 45.50 50.00 15.80 Thousand [+]
Productivity 108.30 104.60 109.70 75.90 Index Points [+]
Wage Growth 1.40 1.00 7.10 -3.40 percent [+]
Employment Change 1.00 0.70 1.70 -2.50 percent [+]
Employment Rate 69.40 66.20 71.50 60.90 percent [+]
Full Time Employment 347.40 330.60 355.90 257.80 Thousand [+]


Cyprus Average Monthly Earnings of Employees

In Cyprus, wages are benchmarked using nominal salaries. This page provides the latest reported value for - Cyprus Average Monthly Earnings of Employees - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Average Monthly Earnings of Employees - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1827.00 1853.00 2296.00 1360.00 2003 - 2018 EUR/Month Quarterly
NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20860.00 Sep/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 528.00 Oct/18
United States 22.95 Nov/18


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