Labour cost index by NACE Rev. 2 activity - country weights in Cyprus
Cyprus: Labour cost index by NACE Rev. 2 activity - country weights was 2 in 2024. β² Rising
Labour cost index by NACE Rev. 2 activity - country weights in Cyprus, 2008β2024
Source: Eurostat.
Analysis
The most recent figure for labour cost index by nace rev. 2 activity - country weights in Cyprus is 2, measured in 2024. That is the highest value across all 17 years on record.
That represents a change of up 5.3% on the previous year and up 33.3% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - country weights in Cyprus peaked at 2 in 2024 and was at its lowest, 1.5, in 2014.
That places Cyprus 30th out of 32 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.75 | 1.7 | 1.8 | 2 |
| 2010s | 1.65 | 1.5 | 1.9 | 10 |
| 2020s | 1.86 | 1.7 | 2 | 5 |
Countries ranked near Cyprus
- 27 Slovenia, Republic of 3.4 compare
- 28 Estonia, Republic of 2.2 compare
- 28 Latvia, Republic of 2.2 compare
- 31 Iceland 1.8 compare
- 32 Malta 1.2 compare
More work & labour data for Cyprus
- Population - Est. & Proj. β Urban population, annual growth rate 0.6588 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 1,030 1000 No (2050)
- Population - Est. & Proj. β Rural population 353.01 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 631.64 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 643.71 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 1,275 1000 No (2100)
- Population - Est. & Proj. β Urban population, per unit of GDP 0 1000 No per US$ of GDP (2025)
- Population - Est. & Proj. β Urban population, per capita 0.0006 1000 No per person (2025)
- Population - Est. & Proj. β Urban population, per square kilometre 0.0893 1000 No per square kilometre (2023)
- Legislation on sexual harassment in employment 1 (2023)
Frequently asked questions
- What is labour cost index by nace rev. 2 activity - country weights in Cyprus?
- Labour cost index by nace rev. 2 activity - country weights in Cyprus was 2 in 2024, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - country weights recorded in Cyprus?
- The highest recorded value was 2 in 2024.
- What is the lowest labour cost index by nace rev. 2 activity - country weights recorded in Cyprus?
- The lowest recorded value was 1.5 in 2014.
- How does Cyprus rank for labour cost index by nace rev. 2 activity - country weights?
- Cyprus ranks 30th out of 32 countries with data for 2024.
- Is labour cost index by nace rev. 2 activity - country weights rising or falling in Cyprus?
- Over the last ten years it is up 33.3%. 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 Labour cost index by NACE Rev. 2 activity - country weights. Statizoid updates them automatically from the source API.
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CSV Β· JSON β 17 observations, free to reuse under CC BY 4.0 (Eurostat).