Labour cost index by NACE Rev. 2 activity - nominal value, quarterly in Cyprus
Cyprus: Labour cost index by NACE Rev. 2 activity - nominal value, quarterly was 121.9 Index, 2020=100 in 2026. ▲ Rising
Latest (2026)
121.9 Index, 2020=100
Change on year
down 10.6%
World rank
30th
of 35 countries
All-time high
136.3 Index, 2020=100
in 2025
All-time low
72.8 Index, 2020=100
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. Measured in Index, 2020=100.
Analysis
Cyprus recorded 121.9 Index, 2020=100 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 Index, 2020=100 in 2025 and was at its lowest, 72.8 Index, 2020=100, in 2000.
Cyprus ranks 30th of 35 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 Rev. 2 activity - nominal value, quarterly in Cyprus, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 72.8 Index, 2020=100 | — |
| 2001 | 76.9 Index, 2020=100 | +5.6% |
| 2002 | 81.4 Index, 2020=100 | +5.9% |
| 2003 | 86.8 Index, 2020=100 | +6.6% |
| 2004 | 91.3 Index, 2020=100 | +5.2% |
| 2005 | 93.9 Index, 2020=100 | +2.8% |
| 2006 | 99.2 Index, 2020=100 | +5.6% |
| 2007 | 103 Index, 2020=100 | +3.8% |
| 2008 | 109.2 Index, 2020=100 | +6.0% |
| 2009 | 120.8 Index, 2020=100 | +10.6% |
| 2010 | 114.9 Index, 2020=100 | -4.9% |
| 2011 | 115 Index, 2020=100 | +0.1% |
| 2012 | 112.7 Index, 2020=100 | -2.0% |
| 2013 | 108.7 Index, 2020=100 | -3.5% |
| 2014 | 106.8 Index, 2020=100 | -1.7% |
| 2015 | 104.7 Index, 2020=100 | -2.0% |
| 2016 | 102.6 Index, 2020=100 | -2.0% |
| 2017 | 104.9 Index, 2020=100 | +2.2% |
| 2018 | 108.2 Index, 2020=100 | +3.1% |
| 2019 | 113.1 Index, 2020=100 | +4.5% |
| 2020 | 114.8 Index, 2020=100 | +1.5% |
| 2021 | 115 Index, 2020=100 | +0.2% |
| 2022 | 119.2 Index, 2020=100 | +3.7% |
| 2023 | 126.6 Index, 2020=100 | +6.2% |
| 2024 | 133.1 Index, 2020=100 | +5.1% |
| 2025 | 136.3 Index, 2020=100 | +2.4% |
| 2026 | 121.9 Index, 2020=100 | -10.6% |
Cyprus compared with similar countries
- Cyprus's 121.9 Index, 2020=100 is below the median for Europe & Central Asia, which is 138.35 Index, 2020=100, 88% of the median. (26 countries reporting)
- Cyprus's 121.9 Index, 2020=100 is below the median for high income countries, which is 135.5 Index, 2020=100, 90% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 93.53 Index, 2020=100 | 72.8 Index, 2020=100 | 120.8 Index, 2020=100 | 10 |
| 2010s | 109.16 Index, 2020=100 | 102.6 Index, 2020=100 | 115 Index, 2020=100 | 10 |
| 2020s | 123.84 Index, 2020=100 | 114.8 Index, 2020=100 | 136.3 Index, 2020=100 | 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 Index, 2020=100 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 Index, 2020=100 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 Index, 2020=100 in 2000.
- How does Cyprus rank for labour cost index by nace rev. 2 activity - nominal value, quarterly?
- Cyprus ranks 30th out of 35 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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