Employment in Foreign Controlled Enterprises in Cyprus
Cyprus: Employment in Foreign Controlled Enterprises was 9.6% in 2023. ▲ Rising
Employment in Foreign Controlled Enterprises in Cyprus, 2008–2023
Source: Eurostat. Measured in Percentage of total.
Analysis
In 2023, employment in foreign controlled enterprises in Cyprus stood at 9.6%. That is the highest value across all 16 years on record.
The figure is up 11.6% on the previous year and up 61.1% over ten years.
Over the whole period, employment in foreign controlled enterprises in Cyprus peaked at 9.6% in 2023 and was at its lowest, 4.4%, in 2009.
That places Cyprus 35th out of 36 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Employment in Foreign Controlled Enterprises in Cyprus, year by year
| Year | Percentage of total | Change |
|---|---|---|
| 2008 | 4.7% | — |
| 2009 | 4.4% | -4.5% |
| 2010 | 5.2% | +18.0% |
| 2011 | 5.3% | +0.8% |
| 2012 | 4.8% | -8.1% |
| 2013 | 6.0% | +22.9% |
| 2014 | 6.0% | +1.0% |
| 2015 | 6.9% | +15.1% |
| 2016 | 6.3% | -8.9% |
| 2017 | 5.9% | -6.2% |
| 2018 | 6.5% | +9.1% |
| 2019 | 7.5% | +15.8% |
| 2020 | 6.9% | -8.0% |
| 2021 | 7.8% | +13.1% |
| 2022 | 8.6% | +10.5% |
| 2023 | 9.6% | +11.6% |
Cyprus compared with similar countries
- Cyprus's 9.6% is below the median for Europe & Central Asia, which is 20.2%, 47% of the median. (27 countries reporting)
- Cyprus's 9.6% is below the median for high income countries, which is 20.2%, 48% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 4.4% | 4.7% | 2 |
| 2010s | 6.0% | 4.8% | 7.5% | 10 |
| 2020s | 8.2% | 6.9% | 9.6% | 4 |
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 employment in foreign controlled enterprises in Cyprus?
- Employment in foreign controlled enterprises in Cyprus was 9.6% in 2023, according to Eurostat.
- What is the highest employment in foreign controlled enterprises recorded in Cyprus?
- The highest recorded value was 9.6% in 2023.
- What is the lowest employment in foreign controlled enterprises recorded in Cyprus?
- The lowest recorded value was 4.4% in 2009.
- How does Cyprus rank for employment in foreign controlled enterprises?
- Cyprus ranks 35th out of 36 countries with data for 2023.
- Is employment in foreign controlled enterprises rising or falling in Cyprus?
- Over the last ten years it is up 61.1%. 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 Employment in Foreign Controlled Enterprises. Statizoid updates them automatically from the source API.
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