Wages in Cyprus decreased to 1878 EUR/Month in the third quarter of 2019 from 1894 EUR/Month in the second quarter of 2019. Cyprus Average Monthly Earnings of Employees - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Wages in Cyprus averaged 1806.70 EUR/Month from 2003 until 2019, 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. 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.

Wages in Cyprus is expected to be 1933.00 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 1925.00 in 12 months time. In the long-term, the Cyprus Average Monthly Earnings of Employees is projected to trend around 1975.00 EUR/Month in 2021 and 2027.00 EUR/Month in 2022, according to our econometric models.


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Cyprus Average Monthly Earnings of Employees

Actual Previous Highest Lowest Dates Unit Frequency
1878.00 1894.00 2296.00 1360.00 2003 - 2019 EUR/Month Quarterly
NSA


Cyprus Average Monthly Earnings of Employees
In Cyprus, wages are benchmarked using nominal salaries.