Cyprus Average Monthly Earnings of Employees - Forecast

Wages in Cyprus is expected to be 1750.00 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 1909.09 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.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Cyprus Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 8.2 8.2 7.7 7.4 7.2 6.2
Employed Persons 367 369 375 375 375 378
Unemployed Persons 46468 39781 39021 41744 38051 36908
Long Term Unemployment Rate 3.2 2.33 1.98 1.69 1.44 0.7
Youth Unemployment Rate 22.4 21.85 21.75 21.7 21.68 21.65
Labour Costs 90.65 93.12 93.36 93.29 93.31 93.31
Wages 1848 1750 2156 1834 1909 2170
Population 0.86 0.86 0.86 0.86 0.86 0.87
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 62 62.24 62.28 62.45 62.47 62.62
Part Time Employment 45.5 41.7 43.95 44.27 42.83 43.08
Productivity 104 110 107 105 106 107
Wage Growth 1.2 1.36 1.08 0.9 0.88 0.82
Employment Change 0.8 0.96 0.91 1.03 1 0.98
Employment Rate 66.2 68.5 68.04 68.1 69.2 70.46
Full Time Employment 331 350 347 348 361 379