Cyprus vs Finland: Average hourly labour cost per employee - Discontinued
Average hourly labour cost per employee - Discontinued over time
- Cyprus
- Finland
How they compare
Finland currently reports 39.4 against 21.7 in Cyprus, a difference of 17.7.
That makes Finland's figure about 1.8 times Cyprus's.
Across all 16 years both countries report, Finland has been ahead every year.
Cyprus ranks 21st and Finland ranks 18th of 28 countries.
Finland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cyprus | Finland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.24 | 25.45 | 13.21 | Finland |
| 2010s | 16.25 | 32.5 | 16.25 | Finland |
| 2020s | 19.38 | 36.53 | 17.15 | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average hourly labour cost per employee - discontinued, Cyprus or Finland?
- Finland, at 39.4 against 21.7 in Cyprus as of 2025.
- What is the difference in average hourly labour cost per employee - discontinued between Cyprus and Finland?
- 17.7, with Finland ahead.
- How many years of comparable data are there for Cyprus and Finland?
- 16 years are reported by both, from 2000 to 2025.
- How do Cyprus and Finland rank globally for average hourly labour cost per employee - discontinued?
- Cyprus ranks 21st and Finland ranks 18th of 28 countries.
- Where does this data come from?
- International Labour Organization, published as Average hourly labour cost per employee - Discontinued (Local currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Data on labour cost is presented, whenever possible, in nominal terms and on the basis of the mean hourly labour cost per employee. Labour cost is the cost incurred by the employer in the employment of labour in a specified reference period. It comprises remuneration for work performed, payments in respect of time paid for but not worked, bonuses and gratuities, the cost of food, drink and other payments in kind, cost of workers' housing borne by employers, employers' social security expenditures, cost to the employer for vocational training, welfare services and miscellaneous items, such as transport of workers, work clothes and recruitment, together with taxes regarded as labour cost. For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.