Nominal Labour productivity by NUTS 2 region in Cyprus
Cyprus: Nominal Labour productivity by NUTS 2 region was 68,600 Euro in 2024. ▲ Rising
Latest (2024)
68,600 Euro
Change on year
up 5.1%
World rank
18th
of 41 countries
All-time high
68,600 Euro
in 2024
All-time low
34,300 Euro
in 2000
Years of data
25
2000–2024
Nominal Labour productivity by NUTS 2 region in Cyprus, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for nominal labour productivity by nuts 2 region in Cyprus is 68,600 Euro, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 5.1% on the previous year and up 42.6% over ten years.
Over the whole period, nominal labour productivity by nuts 2 region in Cyprus peaked at 68,600 Euro in 2024 and was at its lowest, 34,300 Euro, in 2000.
That places Cyprus 18th out of 41 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Nominal Labour productivity by NUTS 2 region in Cyprus, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 34,300 Euro | — |
| 2001 | 36,100 Euro | +5.2% |
| 2002 | 36,800 Euro | +1.9% |
| 2003 | 37,800 Euro | +2.7% |
| 2004 | 39,400 Euro | +4.2% |
| 2005 | 41,000 Euro | +4.1% |
| 2006 | 43,600 Euro | +6.3% |
| 2007 | 45,100 Euro | +3.4% |
| 2008 | 47,100 Euro | +4.4% |
| 2009 | 46,300 Euro | -1.7% |
| 2010 | 47,900 Euro | +3.5% |
| 2011 | 48,800 Euro | +1.9% |
| 2012 | 49,600 Euro | +1.6% |
| 2013 | 48,600 Euro | -2.0% |
| 2014 | 48,100 Euro | -1.0% |
| 2015 | 48,600 Euro | +1.0% |
| 2016 | 49,200 Euro | +1.2% |
| 2017 | 49,900 Euro | +1.4% |
| 2018 | 50,500 Euro | +1.2% |
| 2019 | 51,800 Euro | +2.6% |
| 2020 | 49,700 Euro | -4.1% |
| 2021 | 55,400 Euro | +11.5% |
| 2022 | 61,400 Euro | +10.8% |
| 2023 | 65,300 Euro | +6.4% |
| 2024 | 68,600 Euro | +5.1% |
Cyprus compared with similar countries
- Cyprus's 68,600 Euro is above the median for Europe & Central Asia, which is 61,100 Euro, 1.1× the median. (29 countries reporting)
- Cyprus's 68,600 Euro is below the median for high income countries, which is 69,800 Euro, 98% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40,750 Euro | 34,300 Euro | 47,100 Euro | 10 |
| 2010s | 49,300 Euro | 47,900 Euro | 51,800 Euro | 10 |
| 2020s | 60,080 Euro | 49,700 Euro | 68,600 Euro | 5 |
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 nominal labour productivity by nuts 2 region in Cyprus?
- Nominal labour productivity by nuts 2 region in Cyprus was 68,600 Euro in 2024, according to Eurostat.
- What is the highest nominal labour productivity by nuts 2 region recorded in Cyprus?
- The highest recorded value was 68,600 Euro in 2024.
- What is the lowest nominal labour productivity by nuts 2 region recorded in Cyprus?
- The lowest recorded value was 34,300 Euro in 2000.
- How does Cyprus rank for nominal labour productivity by nuts 2 region?
- Cyprus ranks 18th out of 41 countries with data for 2024.
- Is nominal labour productivity by nuts 2 region rising or falling in Cyprus?
- Over the last ten years it is up 42.6%. 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 Nominal Labour productivity by NUTS 2 region. Statizoid updates them automatically from the source API.
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