The unemployment rate in Cyprus fell to 5.1 percent in April of 2023 from a downwardly revised 5.7 percent in the previous month, the lowest since 2009. source: EUROSTAT

Unemployment Rate in Cyprus averaged 7.73 percent from 2000 until 2023, reaching an all time high of 16.70 percent in September of 2013 and a record low of 3.00 percent in March of 2002. This page provides the latest reported value for - Cyprus Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Unemployment Rate in Cyprus is expected to be 7.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Cyprus Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2023-05-03 09:00 AM Mar 6.8% 7.2% 7.5%
2023-06-01 09:00 AM Apr 5.1% 5.7% 6.7%
2023-06-30 09:00 AM May 5.1%

Related Last Previous Unit Reference
Unemployment Rate 5.10 5.70 percent Apr 2023
Long Term Unemployment Rate 2.30 2.00 percent Dec 2022
Youth Unemployment Rate 14.60 14.60 percent Mar 2023
Population 0.90 0.90 Million Dec 2022
Productivity 110.62 110.24 points Mar 2023
Part Time Employment 40.10 38.60 Thousand Dec 2022
Full Time Employment 399.60 399.80 Thousand Dec 2022
Employment Rate 73.10 73.20 percent Dec 2022
Employment Change 0.70 2.00 percent Dec 2022

Cyprus Unemployment Rate
In Cyprus, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
5.10 5.70 16.70 3.00 2000 - 2023 percent Monthly