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.