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
27th
of 40 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
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 27th of 40 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 | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 64.3 Index, 2020=100 | — |
| 2001 | 67.9 Index, 2020=100 | +5.6% |
| 2002 | 71.8 Index, 2020=100 | +5.7% |
| 2003 | 76.7 Index, 2020=100 | +6.8% |
| 2004 | 79.8 Index, 2020=100 | +4.0% |
| 2005 | 82.9 Index, 2020=100 | +3.9% |
| 2006 | 86.7 Index, 2020=100 | +4.6% |
| 2007 | 89.8 Index, 2020=100 | +3.6% |
| 2008 | 95.3 Index, 2020=100 | +6.1% |
| 2009 | 101.9 Index, 2020=100 | +6.9% |
| 2010 | 101.6 Index, 2020=100 | -0.3% |
| 2011 | 102.7 Index, 2020=100 | +1.1% |
| 2012 | 101.4 Index, 2020=100 | -1.3% |
| 2013 | 99.1 Index, 2020=100 | -2.3% |
| 2014 | 95.8 Index, 2020=100 | -3.3% |
| 2015 | 94.2 Index, 2020=100 | -1.7% |
| 2016 | 93.1 Index, 2020=100 | -1.2% |
| 2017 | 94.2 Index, 2020=100 | +1.2% |
| 2018 | 97.1 Index, 2020=100 | +3.1% |
| 2019 | 101.5 Index, 2020=100 | +4.5% |
| 2020 | 100 Index, 2020=100 | -1.5% |
| 2021 | 101 Index, 2020=100 | +1.0% |
| 2022 | 108 Index, 2020=100 | +6.9% |
| 2023 | 115.2 Index, 2020=100 | +6.7% |
| 2024 | 120.7 Index, 2020=100 | +4.8% |
| 2025 | 124.9 Index, 2020=100 | +3.5% |
Cyprus compared with similar countries
- Cyprus's 124.9 Index, 2020=100 is below the median for Europe & Central Asia, which is 127.7 Index, 2020=100, 98% of the median. (29 countries reporting)
- Cyprus's 124.9 Index, 2020=100 is below the median for high income countries, which is 127.5 Index, 2020=100, 98% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 24 Netherlands 127.3 Index, 2020=100 compare
- 25 Norway 126.3 Index, 2020=100 compare
- 26 Greece 125.5 Index, 2020=100 compare
- 27 Czechia 124.9 Index, 2020=100 compare
- 29 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
- 30 Malta 122 Index, 2020=100 compare
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 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 27th out of 40 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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