Monthly labour costs by NACE Rev. 1.1 activity in Cyprus
Cyprus: Monthly labour costs by NACE Rev. 1.1 activity was 2,516 in 2008. ▲ Rising
Monthly labour costs by NACE Rev. 1.1 activity in Cyprus, 1996–2008
Source: Eurostat.
Analysis
Cyprus recorded 2,516 for monthly labour costs by nace rev. 1.1 activity in 2008. That is the highest value across all 13 years on record.
The figure is up 6.2% on the previous year and up 65.4% over ten years.
Over the whole period, monthly labour costs by nace rev. 1.1 activity in Cyprus peaked at 2,516 in 2008 and was at its lowest, 1,335, in 1996.
That places Cyprus 8th out of 27 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Monthly labour costs by NACE Rev. 1.1 activity in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 1,335 | — |
| 1997 | 1,450 | +8.6% |
| 1998 | 1,521 | +4.9% |
| 1999 | 1,570 | +3.2% |
| 2000 | 1,666 | +6.1% |
| 2001 | 1,735 | +4.1% |
| 2002 | 1,834 | +5.7% |
| 2003 | 1,950 | +6.3% |
| 2004 | 2,059 | +5.6% |
| 2005 | 2,190 | +6.3% |
| 2006 | 2,277 | +4.0% |
| 2007 | 2,368 | +4.0% |
| 2008 | 2,516 | +6.2% |
Cyprus compared with similar countries
- Cyprus's 2,516 is above the median for Europe & Central Asia, which is 1,854, 1.4× the median. (19 countries reporting)
- Cyprus's 2,516 is above the median for high income countries, which is 1,612, 1.6× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,469 | 1,335 | 1,570 | 4 |
| 2000s | 2,066 | 1,666 | 2,516 | 9 |
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 monthly labour costs by nace rev. 1.1 activity in Cyprus?
- Monthly labour costs by nace rev. 1.1 activity in Cyprus was 2,516 in 2008, according to Eurostat.
- What is the highest monthly labour costs by nace rev. 1.1 activity recorded in Cyprus?
- The highest recorded value was 2,516 in 2008.
- What is the lowest monthly labour costs by nace rev. 1.1 activity recorded in Cyprus?
- The lowest recorded value was 1,335 in 1996.
- How does Cyprus rank for monthly labour costs by nace rev. 1.1 activity?
- Cyprus ranks 8th out of 27 countries with data for 2008.
- Is monthly labour costs by nace rev. 1.1 activity rising or falling in Cyprus?
- Over the last ten years it is up 65.4%. 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 Monthly labour costs by NACE Rev. 1.1 activity. Statizoid updates them automatically from the source API.
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