Labor share of gross domestic product (GDP) in Cyprus

Cyprus: Labor share of gross domestic product (GDP) was 51.6% in 2020. β–Ό Falling

Latest (2020)
51.6%
Change on year
up 3.2%
World rank
70th
of 186 countries
All-time high
58.4%
in 2009
All-time low
48.1%
in 2016
Years of data
17
2004–2020

Labor share of gross domestic product (GDP) in Cyprus, 2004–2020

02040602004201220202004: 53.7 %2005: 56.2 %2006: 54.2 %2007: 53.8 %2008: 55.8 %2009: 58.4 %2010: 57.1 %2011: 57.5 %2012: 56.1 %2013: 54 %2014: 52 %2015: 49.6 %2016: 48.1 %2017: 48.3 %2018: 48.8 %2019: 50 %2020: 51.6 %

Source: International Labour Organisation (2023) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for labor share of gross domestic product (gdp) in Cyprus is 51.6%, measured in 2020.

That represents a change of up 3.2% on the previous year and down 9.6% over ten years.

Over the whole period, labor share of gross domestic product (gdp) in Cyprus peaked at 58.4% in 2009 and was at its lowest, 48.1%, in 2016.

Cyprus ranks 70th of 186 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 55.4% 53.7% 58.4% 6
2010s 52.1% 48.1% 57.5% 10
2020s 51.6% 51.6% 51.6% 1

Countries ranked near Cyprus

  1. 67 Mozambique 51.9% compare
  2. 68 Saint Vincent and the Grenadines 51.8% compare
  3. 69 Saint Lucia 51.7% compare
  4. 71 Ukraine 51.3% compare
  5. 72 Belarus 51.1% compare
  6. 73 Tunisia 50.8% compare

See the full ranking of 186 places β†’

More work & labour data for Cyprus

All data for Cyprus β†’

Frequently asked questions

What is labor share of gross domestic product (gdp) in Cyprus?
Labor share of gross domestic product (gdp) in Cyprus was 51.6% in 2020, according to International Labour Organisation (2023) – processed by Our World in Data.
What is the highest labor share of gross domestic product (gdp) recorded in Cyprus?
The highest recorded value was 58.4% in 2009.
What is the lowest labor share of gross domestic product (gdp) recorded in Cyprus?
The lowest recorded value was 48.1% in 2016.
How does Cyprus rank for labor share of gross domestic product (gdp)?
Cyprus ranks 70th out of 186 countries with data for 2020.
Is labor share of gross domestic product (gdp) rising or falling in Cyprus?
Over the last ten years it is down 9.6%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from International Labour Organisation (2023) – processed by Our World in Data, published as part of Labor share of gross domestic product (GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Labor share of gross domestic product (GDP)
Unit
%
Source
International Labour Organisation (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 3,162 data points, 2004–2020
Last refreshed

The labor share of gross domestic product (GDP) is the estimated total compensation of employees given as a percent of GDP. It provides information about the relative share of output paid as compensation to employees, compared to the share paid to capital.