Tax rate on low wage earners - tax wedge on labour costs in Cyprus

Cyprus: Tax rate on low wage earners - tax wedge on labour costs was 23.3 Rate in 2025. ▲ Rising

Latest (2025)
23.3 Rate
Change on year
unchanged
World rank
42nd
of 44 countries
All-time high
23.3 Rate
in 2024
All-time low
11.9 Rate
in 2005
Years of data
13
2005–2025

Tax rate on low wage earners - tax wedge on labour costs in Cyprus, 2005–2025

05101520252005201520252005: 11.9 Rate2006: 11.9 Rate2007: 11.9 Rate2014: 17.3 Rate2017: 17.3 Rate2018: 17.3 Rate2019: 18.1 Rate2020: 21 Rate2021: 22.5 Rate2022: 22.5 Rate2023: 22.5 Rate2024: 23.3 Rate2025: 23.3 Rate

Source: Eurostat. Measured in Rate.

Analysis

The most recent figure for tax rate on low wage earners - tax wedge on labour costs in Cyprus is 23.3 Rate, measured in 2025. That is the highest value across all 13 years on record.

That represents a change of up 34.7% over ten years.

Over the whole period, tax rate on low wage earners - tax wedge on labour costs in Cyprus peaked at 23.3 Rate in 2024 and was at its lowest, 11.9 Rate, in 2005.

That places Cyprus 42nd out of 44 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Tax rate on low wage earners - tax wedge on labour costs in Cyprus, year by year

Annual values for Tax rate on low wage earners - tax wedge on labour costs in Cyprus, 2005 to 2025.
Year Rate Change
2005 11.9 Rate
2006 11.9 Rate +0.0%
2007 11.9 Rate +0.0%
2014 17.3 Rate +45.4%
2017 17.3 Rate +0.0%
2018 17.3 Rate +0.0%
2019 18.1 Rate +4.6%
2020 21 Rate +16.0%
2021 22.5 Rate +7.1%
2022 22.5 Rate +0.0%
2023 22.5 Rate +0.0%
2024 23.3 Rate +3.6%
2025 23.3 Rate +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.9 Rate 11.9 Rate 11.9 Rate 3
2010s 17.5 Rate 17.3 Rate 18.1 Rate 4
2020s 22.52 Rate 21 Rate 23.3 Rate 6

Countries ranked near Cyprus

  1. 39 Malta 26.6 Rate compare
  2. 40 United Kingdom of Great Britain and Northern Ireland 26.1 Rate compare
  3. 40 United Kingdom 26.1 Rate compare
  4. 43 Ireland 21.4 Rate compare
  5. 44 Switzerland 20.1 Rate compare

See the full ranking of 49 places →

More work & labour data for Cyprus

All data for Cyprus →

Frequently asked questions

What is tax rate on low wage earners - tax wedge on labour costs in Cyprus?
Tax rate on low wage earners - tax wedge on labour costs in Cyprus was 23.3 Rate in 2025, according to Eurostat.
What is the highest tax rate on low wage earners - tax wedge on labour costs recorded in Cyprus?
The highest recorded value was 23.3 Rate in 2024.
What is the lowest tax rate on low wage earners - tax wedge on labour costs recorded in Cyprus?
The lowest recorded value was 11.9 Rate in 2005.
How does Cyprus rank for tax rate on low wage earners - tax wedge on labour costs?
Cyprus ranks 42nd out of 44 countries with data for 2025.
Is tax rate on low wage earners - tax wedge on labour costs rising or falling in Cyprus?
Over the last ten years it is up 34.7%. 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 Tax rate on low wage earners - tax wedge on labour costs. Statizoid updates them automatically from the source API.

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Tax rate on low wage earners - tax wedge on labour costs in Cyprus. Statizoid, drawing on Eurostat. Retrieved 06 September 2026, from https://labour.statizoid.com/stat/tax-rate-on-low-wage-earners-tax-wedge-on-labour-costs/cyprus/

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About this data

Indicator
Tax rate on low wage earners - tax wedge on labour costs
Unit
Rate
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 1,129 data points, 2000–2025
Last refreshed