Compensation per employee and hours worked per employed person by in Cyprus
Cyprus: Compensation per employee and hours worked per employed person by was 33,700 Euro in 2024. ▲ Rising
Compensation per employee and hours worked per employed person by in Cyprus, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
In 2024, compensation per employee and hours worked per employed person by in Cyprus stood at 33,700 Euro. That is the highest value across all 25 years on record.
That represents a change of up 3.4% on the previous year and up 36.4% over ten years.
Over the whole period, compensation per employee and hours worked per employed person by in Cyprus peaked at 33,700 Euro in 2024 and was at its lowest, 17,800 Euro, in 2000.
Cyprus ranks 20th of 40 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Compensation per employee and hours worked per employed person by in Cyprus, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 17,800 Euro | — |
| 2001 | 18,400 Euro | +3.4% |
| 2002 | 19,300 Euro | +4.9% |
| 2003 | 20,500 Euro | +6.2% |
| 2004 | 21,000 Euro | +2.4% |
| 2005 | 22,600 Euro | +7.6% |
| 2006 | 23,600 Euro | +4.4% |
| 2007 | 23,700 Euro | +0.4% |
| 2008 | 24,400 Euro | +3.0% |
| 2009 | 25,800 Euro | +5.7% |
| 2010 | 26,100 Euro | +1.2% |
| 2011 | 26,600 Euro | +1.9% |
| 2012 | 27,100 Euro | +1.9% |
| 2013 | 25,700 Euro | -5.2% |
| 2014 | 24,700 Euro | -3.9% |
| 2015 | 24,400 Euro | -1.2% |
| 2016 | 24,200 Euro | -0.8% |
| 2017 | 24,600 Euro | +1.7% |
| 2018 | 25,000 Euro | +1.6% |
| 2019 | 26,400 Euro | +5.6% |
| 2020 | 26,500 Euro | +0.4% |
| 2021 | 27,800 Euro | +4.9% |
| 2022 | 29,800 Euro | +7.2% |
| 2023 | 32,600 Euro | +9.4% |
| 2024 | 33,700 Euro | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21,710 Euro | 17,800 Euro | 25,800 Euro | 10 |
| 2010s | 25,480 Euro | 24,200 Euro | 27,100 Euro | 10 |
| 2020s | 30,080 Euro | 26,500 Euro | 33,700 Euro | 5 |
Countries ranked near Cyprus
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 per employee and hours worked per employed person by in Cyprus?
- Compensation per employee and hours worked per employed person by in Cyprus was 33,700 Euro in 2024, according to Eurostat.
- What is the highest compensation per employee and hours worked per employed person by recorded in Cyprus?
- The highest recorded value was 33,700 Euro in 2024.
- What is the lowest compensation per employee and hours worked per employed person by recorded in Cyprus?
- The lowest recorded value was 17,800 Euro in 2000.
- How does Cyprus rank for compensation per employee and hours worked per employed person by?
- Cyprus ranks 20th out of 40 countries with data for 2024.
- Is compensation per employee and hours worked per employed person by rising or falling in Cyprus?
- Over the last ten years it is up 36.4%. 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 per employee and hours worked per employed person by NUTS 2 region and by industry. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Eurostat).