Compensation of employees by NUTS 2 region in Cyprus
Cyprus: Compensation of employees by NUTS 2 region was 15,320 in 2024. ▲ Rising
Latest (2024)
15,320
Change on year
up 6.1%
World rank
36th
of 42 countries
All-time high
15,320
in 2024
All-time low
4,293
in 2000
Years of data
25
2000–2024
Compensation of employees by NUTS 2 region in Cyprus, 2000–2024
Source: Eurostat.
Analysis
The most recent figure for compensation of employees by nuts 2 region in Cyprus is 15,320, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 6.1% on the previous year and up 93.9% over ten years.
Over the whole period, compensation of employees by nuts 2 region in Cyprus peaked at 15,320 in 2024 and was at its lowest, 4,293, in 2000.
Cyprus ranks 36th of 42 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Compensation of employees by NUTS 2 region in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4,293 | — |
| 2001 | 4,559 | +6.2% |
| 2002 | 4,922 | +8.0% |
| 2003 | 5,376 | +9.2% |
| 2004 | 5,749 | +7.0% |
| 2005 | 6,479 | +12.7% |
| 2006 | 7,045 | +8.7% |
| 2007 | 7,666 | +8.8% |
| 2008 | 8,379 | +9.3% |
| 2009 | 8,923 | +6.5% |
| 2010 | 9,258 | +3.8% |
| 2011 | 9,551 | +3.2% |
| 2012 | 9,407 | -1.5% |
| 2013 | 8,372 | -11.0% |
| 2014 | 7,901 | -5.6% |
| 2015 | 7,929 | +0.4% |
| 2016 | 8,232 | +3.8% |
| 2017 | 8,840 | +7.4% |
| 2018 | 9,553 | +8.1% |
| 2019 | 10,582 | +10.8% |
| 2020 | 10,572 | -0.1% |
| 2021 | 11,408 | +7.9% |
| 2022 | 12,777 | +12.0% |
| 2023 | 14,437 | +13.0% |
| 2024 | 15,320 | +6.1% |
Cyprus compared with similar countries
- Cyprus's 15,320 is below the median for Europe & Central Asia, which is 126,000, 12% of the median. (30 countries reporting)
- Cyprus's 15,320 is below the median for high income countries, which is 129,731, 12% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,339 | 4,293 | 8,923 | 10 |
| 2010s | 8,962 | 7,901 | 10,582 | 10 |
| 2020s | 12,903 | 10,572 | 15,320 | 5 |
Countries ranked near Cyprus
- 34 Estonia 20,179 compare
- 34 Estonia 20,179 compare
- 37 Malta 9,681 compare
- 38 Guadeloupe 6,578 compare
- 39 North Macedonia 6,551 compare
More work & labour data for Cyprus
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3415 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3363 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3471 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6588 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,030 1000 No (2050)
- Population - Est. & Proj. — Rural population 353.01 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 631.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 643.71 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,275 1000 No (2100)
Frequently asked questions
- What is compensation of employees by nuts 2 region in Cyprus?
- Compensation of employees by nuts 2 region in Cyprus was 15,320 in 2024, according to Eurostat.
- What is the highest compensation of employees by nuts 2 region recorded in Cyprus?
- The highest recorded value was 15,320 in 2024.
- What is the lowest compensation of employees by nuts 2 region recorded in Cyprus?
- The lowest recorded value was 4,293 in 2000.
- How does Cyprus rank for compensation of employees by nuts 2 region?
- Cyprus ranks 36th out of 42 countries with data for 2024.
- Is compensation of employees by nuts 2 region rising or falling in Cyprus?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.
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