Monthly minimum wage (Local currency), annual growth rate in Cyprus

Cyprus: Monthly minimum wage (Local currency), annual growth rate was 8.8 % change on previous year in 2026. ◆ Volatile

Latest (2026)
8.8 % change on previous year
World rank
46th
of 168 countries
All-time high
8.8 % change on previous year
in 2026
All-time low
0 % change on previous year
in 2012
Years of data
18
2009–2026

Monthly minimum wage (Local currency), annual growth rate in Cyprus, 2009–2026

024682009201720262009: 6.5 % change on previous year2010: 5.6 % change on previous year2011: 2.4 % change on previous year2012: 0 % change on previous year2013: 0 % change on previous year2014: 1.8 % change on previous year2015: 0 % change on previous year2016: 0 % change on previous year2017: 0 % change on previous year2018: 0 % change on previous year2019: 0 % change on previous year2020: 0 % change on previous year2021: 0 % change on previous year2022: 0 % change on previous year2023: 8 % change on previous year2024: 6.4 % change on previous year2025: 0 % change on previous year2026: 8.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2026, monthly minimum wage (local currency), annual growth rate in Cyprus stood at 8.8 % change on previous year. That is the highest value across all 18 years on record.

Over the whole period, monthly minimum wage (local currency), annual growth rate in Cyprus peaked at 8.8 % change on previous year in 2026 and was at its lowest, 0 % change on previous year, in 2012.

Cyprus ranks 46th of 168 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Monthly minimum wage (Local currency), annual growth rate in Cyprus, year by year

Annual values for Monthly minimum wage (Local currency), annual growth rate in Cyprus, 2009 to 2026.
Year % change on previous year Change
2009 6.46 % change on previous year
2010 5.56 % change on previous year -13.9%
2011 2.4 % change on previous year -56.9%
2012 0 % change on previous year -100.0%
2013 0 % change on previous year
2014 1.75 % change on previous year
2015 0 % change on previous year -100.0%
2016 0 % change on previous year
2017 0 % change on previous year
2018 0 % change on previous year
2019 0 % change on previous year
2020 0 % change on previous year
2021 0 % change on previous year
2022 0 % change on previous year
2023 8.05 % change on previous year
2024 6.38 % change on previous year -20.7%
2025 0 % change on previous year -100.0%
2026 8.8 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.46 % change on previous year 6.46 % change on previous year 6.46 % change on previous year 1
2010s 0.9712 % change on previous year 0 % change on previous year 5.56 % change on previous year 10
2020s 3.32 % change on previous year 0 % change on previous year 8.8 % change on previous year 7

Countries ranked near Cyprus

  1. 43 Nicaragua 10.1 % change on previous year compare
  2. 44 Honduras 9.99 % change on previous year compare
  3. 45 United Kingdom 9.79 % change on previous year compare
  4. 47 Australia 8.65 % change on previous year compare
  5. 48 Mozambique 8.57 % change on previous year compare
  6. 49 South Africa 8.5 % change on previous year compare

See the full ranking of 168 places →

More work & labour data for Cyprus

All data for Cyprus →

Frequently asked questions

What is monthly minimum wage (local currency), annual growth rate in Cyprus?
Monthly minimum wage (local currency), annual growth rate in Cyprus was 8.8 % change on previous year in 2026, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), annual growth rate recorded in Cyprus?
The highest recorded value was 8.8 % change on previous year in 2026.
What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Cyprus?
The lowest recorded value was 0 % change on previous year in 2012.
How does Cyprus rank for monthly minimum wage (local currency), annual growth rate?
Cyprus ranks 46th out of 168 countries with data for 2026.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), annual growth rate in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-annual-growth-rate/cyprus/

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How this figure is calculated

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Monthly minimum wage (Local currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
168 places, 3,744 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.