Wages in Cyprus decreased to 1880 EUR/Month in the second quarter of 2019 from 1893 EUR/Month in the first quarter of 2019. Wages in Cyprus averaged 1805.38 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.

Wages in Cyprus is expected to be 2270.88 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 2273.11 in 12 months time. In the long-term, the Cyprus Average Monthly Earnings of Employees is projected to trend around 2385.85 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 6.80 7.00 16.80 3.00 percent [+]
Employed Persons 400.80 379.60 400.80 135.00 Thousand [+]
Unemployed Persons 28989.00 39252.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.20 2.40 7.80 0.40 percent [+]
Youth Unemployment Rate 16.60 16.60 40.50 7.80 percent [+]
Labour Costs 91.58 90.64 116.33 58.87 Index Points [+]
Job Vacancies 10113.00 10235.00 16194.00 2137.00 [+]
Wages 1880.00 1893.00 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 62.80 63.20 64.70 55.50 percent [+]
Part Time Employment 42.10 42.90 50.00 15.80 Thousand [+]
Productivity 104.60 105.50 109.70 75.90 Index Points [+]
Wage Growth 0.70 1.90 7.10 -3.40 percent [+]
Employment Change 0.80 0.60 1.90 -2.30 percent [+]
Employment Rate 71.20 69.10 71.50 60.90 percent [+]
Full Time Employment 362.40 353.10 362.40 257.80 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1880.00 1893.00 2296.00 1360.00 2003 - 2019 EUR/Month Quarterly
NSA




Country Last Previous
Argentina 60851.00 Jun/19
Australia 1237.90 Jun/19
Brazil 2298.00 Aug/19
Canada 25.54 Jul/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3997.00 Jun/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 305988.00 Aug/19
Mexico 379.67 Aug/19
Russia 45100.00 Aug/19
Singapore 5225.00 Jun/19
South Africa 21432.00 Jun/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.65 Sep/19


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