Wages in Cyprus increased to 2932 EUR/Month in the fourth quarter of 2025 from 2452 EUR/Month in the third quarter of 2025. Wages in Cyprus averaged 1935.36 EUR/Month from 2003 until 2025, reaching an all time high of 2932.00 EUR/Month in the fourth quarter of 2025 and a record low of 1360.00 EUR/Month in the first quarter of 2003. source: Statistical Service, Ministry of Finance of Republic of Cyprus

Wages in Cyprus is expected to be 2570.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Average Monthly Earnings of Employees is projected to trend around 3111.00 EUR/Month in 2027 and 3179.00 EUR/Month in 2028, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 504.64 491.52 Thousand Dec 2025
Employment Change 0.80 0.50 percent Dec 2025
Employment Rate 77.20 77.50 percent Dec 2025
Full Time Employment 453.00 451.10 Thousand Dec 2025
Job Vacancies 13538.00 14573.00 Dec 2025
Labor Force Participation Rate 65.20 65.60 percent Dec 2025
Labour Costs 112.88 112.40 points Dec 2025
Long Term Unemployment Rate 0.70 0.80 percent Dec 2025
Part Time Employment 36.30 37.10 Thousand Dec 2025
Population 0.98 0.97 Million Dec 2025
Productivity 117.00 117.00 points Dec 2025
Retirement Age Men 66.50 66.00 Years Dec 2026
Retirement Age Women 66.50 66.00 Years Dec 2026
Unemployed Persons 21289.00 21781.00 Dec 2025
Unemployment Rate 4.30 4.20 percent Mar 2026
Wage Growth YoY 4.40 4.30 percent Dec 2025
Wages 2932.00 2452.00 EUR/Month Dec 2025
Youth Unemployment Rate 17.30 17.30 percent Mar 2026


Cyprus Average Monthly Earnings of Employees
In Cyprus, wages are benchmarked using nominal salaries.
Actual Previous Highest Lowest Dates Unit Frequency
2932.00 2452.00 2932.00 1360.00 2003 - 2025 EUR/Month Quarterly
NSA

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