Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Cyprus
Cyprus: Labour cost index by NACE Rev. 2 activity - nominal value, annual data was 124.9 in 2025. ▲ Rising
Latest (2025)
124.9
Change on year
up 3.5%
World rank
28th
of 41 countries
All-time high
124.9
in 2025
All-time low
64.3
in 2000
Years of data
26
2000–2025
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Cyprus, 2000–2025
Source: Eurostat.
Analysis
In 2025, labour cost index by nace rev. 2 activity - nominal value, annual data in Cyprus stood at 124.9. That is the highest value across all 26 years on record.
That represents a change of up 3.5% on the previous year and up 32.6% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, annual data in Cyprus peaked at 124.9 in 2025 and was at its lowest, 64.3, in 2000.
Cyprus ranks 28th of 41 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 64.3 | — |
| 2001 | 67.9 | +5.6% |
| 2002 | 71.8 | +5.7% |
| 2003 | 76.7 | +6.8% |
| 2004 | 79.8 | +4.0% |
| 2005 | 82.9 | +3.9% |
| 2006 | 86.7 | +4.6% |
| 2007 | 89.8 | +3.6% |
| 2008 | 95.3 | +6.1% |
| 2009 | 101.9 | +6.9% |
| 2010 | 101.6 | -0.3% |
| 2011 | 102.7 | +1.1% |
| 2012 | 101.4 | -1.3% |
| 2013 | 99.1 | -2.3% |
| 2014 | 95.8 | -3.3% |
| 2015 | 94.2 | -1.7% |
| 2016 | 93.1 | -1.2% |
| 2017 | 94.2 | +1.2% |
| 2018 | 97.1 | +3.1% |
| 2019 | 101.5 | +4.5% |
| 2020 | 100 | -1.5% |
| 2021 | 101 | +1.0% |
| 2022 | 108 | +6.9% |
| 2023 | 115.2 | +6.7% |
| 2024 | 120.7 | +4.8% |
| 2025 | 124.9 | +3.5% |
Cyprus compared with similar countries
- Cyprus's 124.9 is below the median for Europe & Central Asia, which is 127.7, 98% of the median. (29 countries reporting)
- Cyprus's 124.9 is below the median for high income countries, which is 127.5, 98% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 81.71 | 64.3 | 101.9 | 10 |
| 2010s | 98.07 | 93.1 | 102.7 | 10 |
| 2020s | 111.63 | 100 | 124.9 | 6 |
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 labour cost index by nace rev. 2 activity - nominal value, annual data in Cyprus?
- Labour cost index by nace rev. 2 activity - nominal value, annual data in Cyprus was 124.9 in 2025, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Cyprus?
- The highest recorded value was 124.9 in 2025.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, annual data recorded in Cyprus?
- The lowest recorded value was 64.3 in 2000.
- How does Cyprus rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
- Cyprus ranks 28th out of 41 countries with data for 2025.
- Is labour cost index by nace rev. 2 activity - nominal value, annual data rising or falling in Cyprus?
- Over the last ten years it is up 32.6%. 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 - nominal value, annual data. Statizoid updates them automatically from the source API.
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