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 Index, 2020=100 in 2025. ▲ Rising

Latest (2025)
124.9 Index, 2020=100
Change on year
up 3.5%
World rank
19th
of 32 countries
All-time high
124.9 Index, 2020=100
in 2025
All-time low
64.3 Index, 2020=100
in 2000
Years of data
26
2000–2025

Labour cost index by NACE Rev. 2 activity - nominal value, annual data in Cyprus, 2000–2025

02550751001252000201220252000: 64.3 Index, 2020=1002001: 67.9 Index, 2020=1002002: 71.8 Index, 2020=1002003: 76.7 Index, 2020=1002004: 79.8 Index, 2020=1002005: 82.9 Index, 2020=1002006: 86.7 Index, 2020=1002007: 89.8 Index, 2020=1002008: 95.3 Index, 2020=1002009: 101.9 Index, 2020=1002010: 101.6 Index, 2020=1002011: 102.7 Index, 2020=1002012: 101.4 Index, 2020=1002013: 99.1 Index, 2020=1002014: 95.8 Index, 2020=1002015: 94.2 Index, 2020=1002016: 93.1 Index, 2020=1002017: 94.2 Index, 2020=1002018: 97.1 Index, 2020=1002019: 101.5 Index, 2020=1002020: 100 Index, 2020=1002021: 101 Index, 2020=1002022: 108 Index, 2020=1002023: 115.2 Index, 2020=1002024: 120.7 Index, 2020=1002025: 124.9 Index, 2020=100

Source: Eurostat. Measured in Index, 2020=100.

Analysis

In 2025, labour cost index by nace rev. 2 activity - nominal value, annual data in Cyprus stood at 124.9 Index, 2020=100. 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 Index, 2020=100 in 2025 and was at its lowest, 64.3 Index, 2020=100, in 2000.

Cyprus ranks 19th of 32 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 81.71 Index, 2020=100 64.3 Index, 2020=100 101.9 Index, 2020=100 10
2010s 98.07 Index, 2020=100 93.1 Index, 2020=100 102.7 Index, 2020=100 10
2020s 111.63 Index, 2020=100 100 Index, 2020=100 124.9 Index, 2020=100 6

Countries ranked near Cyprus

  1. 16 Netherlands 127.5 Index, 2020=100 compare
  2. 17 Norway 126.3 Index, 2020=100 compare
  3. 18 Greece 125.5 Index, 2020=100 compare
  4. 19 Czechia 124.9 Index, 2020=100 compare
  5. 21 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020) 122.4 Index, 2020=100 compare
  6. 22 Malta 122 Index, 2020=100 compare

See the full ranking of 36 places →

More work & labour data for Cyprus

All data for Cyprus →

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 Index, 2020=100 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 Index, 2020=100 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 Index, 2020=100 in 2000.
How does Cyprus rank for labour cost index by nace rev. 2 activity - nominal value, annual data?
Cyprus ranks 19th out of 32 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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About this data

Indicator
Labour cost index by NACE Rev. 2 activity - nominal value, annual data
Unit
Index, 2020=100
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
36 places, 826 data points, 1996–2025
Last refreshed