Labour cost index by NACE: nominal value, quarterly … 2 quarterly in Cyprus
Cyprus: Labour cost index by NACE: nominal value, quarterly … 2 quarterly was 121.9 in 2026. ▲ Rising
Latest (2026)
121.9
Change on year
down 10.6%
World rank
31st
of 36 countries
All-time high
136.3
in 2025
All-time low
72.8
in 2000
Years of data
27
2000–2026
Labour cost index by NACE Rev. 2 activity - nominal value, quarterly in Cyprus, 2000–2026
Source: Eurostat.
Analysis
Cyprus recorded 121.9 for labour cost index by nace rev. 2 activity - nominal value, quarterly in 2026.
That represents a change of down 10.6% on the previous year and up 18.8% over ten years.
Over the whole period, labour cost index by nace rev. 2 activity - nominal value, quarterly in Cyprus peaked at 136.3 in 2025 and was at its lowest, 72.8, in 2000.
Cyprus ranks 31st of 36 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Labour cost index by NACE: nominal value, quarterly … 2 quarterly in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 72.8 | — |
| 2001 | 76.9 | +5.6% |
| 2002 | 81.4 | +5.9% |
| 2003 | 86.8 | +6.6% |
| 2004 | 91.3 | +5.2% |
| 2005 | 93.9 | +2.8% |
| 2006 | 99.2 | +5.6% |
| 2007 | 103 | +3.8% |
| 2008 | 109.2 | +6.0% |
| 2009 | 120.8 | +10.6% |
| 2010 | 114.9 | -4.9% |
| 2011 | 115 | +0.1% |
| 2012 | 112.7 | -2.0% |
| 2013 | 108.7 | -3.5% |
| 2014 | 106.8 | -1.7% |
| 2015 | 104.7 | -2.0% |
| 2016 | 102.6 | -2.0% |
| 2017 | 104.9 | +2.2% |
| 2018 | 108.2 | +3.1% |
| 2019 | 113.1 | +4.5% |
| 2020 | 114.8 | +1.5% |
| 2021 | 115 | +0.2% |
| 2022 | 119.2 | +3.7% |
| 2023 | 126.6 | +6.2% |
| 2024 | 133.1 | +5.1% |
| 2025 | 136.3 | +2.4% |
| 2026 | 121.9 | -10.6% |
Cyprus compared with similar countries
- Cyprus's 121.9 is below the median for Europe & Central Asia, which is 138.35, 88% of the median. (26 countries reporting)
- Cyprus's 121.9 is below the median for high income countries, which is 135.5, 90% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 93.53 | 72.8 | 120.8 | 10 |
| 2010s | 109.16 | 102.6 | 115 | 10 |
| 2020s | 123.84 | 114.8 | 136.3 | 7 |
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, quarterly in Cyprus?
- Labour cost index by nace rev. 2 activity - nominal value, quarterly in Cyprus was 121.9 in 2026, according to Eurostat.
- What is the highest labour cost index by nace rev. 2 activity - nominal value, quarterly recorded in Cyprus?
- The highest recorded value was 136.3 in 2025.
- What is the lowest labour cost index by nace rev. 2 activity - nominal value, quarterly recorded in Cyprus?
- The lowest recorded value was 72.8 in 2000.
- How does Cyprus rank for labour cost index by nace rev. 2 activity - nominal value, quarterly?
- Cyprus ranks 31st out of 36 countries with data for 2026.
- Is labour cost index by nace rev. 2 activity - nominal value, quarterly rising or falling in Cyprus?
- Over the last ten years it is up 18.8%. 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, quarterly data. Statizoid updates them automatically from the source API.
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