Youth Unemployment Rate in Cyprus remained unchanged at 21.30 percent in December from 21.30 percent in November of 2020. source: EUROSTAT

Youth Unemployment Rate in Cyprus averaged 18.35 percent from 2000 until 2020, reaching an all time high of 41.10 percent in April of 2013 and a record low of 7.80 percent in January of 2002. This page provides the latest reported value for - Cyprus Youth Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Youth Unemployment Rate - values, historical data and charts - was last updated on April of 2021.

Youth Unemployment Rate in Cyprus is expected to be 26.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Cyprus to stand at 24.50 in 12 months time. In the long-term, the Cyprus Youth Unemployment Rate is projected to trend around 24.50 percent in 2022 and 22.90 percent in 2023, according to our econometric models.

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Cyprus Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
21.30 21.30 41.10 7.80 2000 - 2020 percent Monthly
SA

Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.80 6.80 16.50 3.00 percent [+]
Employed Persons 416.50 400.80 416.50 135.00 Thousand [+]
Unemployed Persons 36677.00 37234.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 2.20 1.80 7.80 0.40 percent [+]
Youth Unemployment Rate 21.30 21.30 41.10 7.80 percent [+]
Labour Costs 116.85 94.72 126.56 65.45 points [+]
Job Vacancies 7141.00 6944.00 16194.00 2137.00 [+]
Wages 1907.00 1900.00 2296.00 1360.00 EUR/Month [+]
Population 0.89 0.88 0.89 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 [+]
Wage Growth 2.00 0.40 7.10 -3.40 percent [+]
Labor Force Participation Rate 62.90 62.20 64.70 55.50 percent [+]
Productivity 107.60 104.00 107.60 76.00 points [+]
Part Time Employment 41.80 37.30 50.00 15.80 Thousand [+]
Employment Change -0.40 -0.90 2.40 -2.10 percent [+]
Employment Rate 69.70 69.90 71.50 60.90 percent [+]
Full Time Employment 364.80 364.80 367.30 257.80 Thousand [+]