Unemployment rate (ILO modelled estimates) in Cyprus
Cyprus: Unemployment rate (ILO modelled estimates) was 5.16 in 2027. ◆ Volatile
Unemployment rate (ILO modelled estimates) in Cyprus, 1991–2027
Source: International Labour Organization.
Analysis
Cyprus recorded 5.16 for unemployment rate (ilo modelled estimates) in 2027.
That represents a change of up 1.3% on the previous year and down 53.7% over ten years.
Over the whole period, unemployment rate (ilo modelled estimates) in Cyprus peaked at 16.28 in 2014 and was at its lowest, 2.09, in 1992.
Cyprus ranks 98th of 188 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.
Unemployment rate (ILO modelled estimates) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 3 | — |
| 1992 | 2.09 | -30.3% |
| 1993 | 2.7 | +29.2% |
| 1994 | 2.7 | +0.0% |
| 1995 | 2.6 | -3.7% |
| 1996 | 3.1 | +19.2% |
| 1997 | 3.4 | +9.7% |
| 1998 | 3.3 | -2.9% |
| 1999 | 5.53 | +67.6% |
| 2000 | 4.77 | -13.8% |
| 2001 | 4.04 | -15.2% |
| 2002 | 3.34 | -17.5% |
| 2003 | 4.15 | +24.5% |
| 2004 | 4.77 | +14.9% |
| 2005 | 5.48 | +14.9% |
| 2006 | 4.59 | -16.2% |
| 2007 | 3.95 | -14.1% |
| 2008 | 3.76 | -4.8% |
| 2009 | 5.59 | +48.9% |
| 2010 | 6.36 | +13.7% |
| 2011 | 7.94 | +24.9% |
| 2012 | 12.1 | +52.3% |
| 2013 | 16.13 | +33.3% |
| 2014 | 16.28 | +0.9% |
| 2015 | 15.03 | -7.7% |
| 2016 | 13.01 | -13.4% |
| 2017 | 11.15 | -14.2% |
| 2018 | 8.5 | -23.8% |
| 2019 | 7.16 | -15.9% |
| 2020 | 7.75 | +8.4% |
| 2021 | 7.51 | -3.1% |
| 2022 | 6.81 | -9.4% |
| 2023 | 5.83 | -14.3% |
| 2024 | 4.9 | -16.0% |
| 2025 | 4.92 | +0.5% |
| 2026 | 5.1 | +3.5% |
| 2027 | 5.16 | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.16 | 2.09 | 5.53 | 9 |
| 2000s | 4.44 | 3.34 | 5.59 | 10 |
| 2010s | 11.37 | 6.36 | 16.28 | 10 |
| 2020s | 6 | 4.9 | 7.75 | 8 |
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 unemployment rate (ilo modelled estimates) in Cyprus?
- Unemployment rate (ilo modelled estimates) in Cyprus was 5.16 in 2027, according to International Labour Organization.
- What is the highest unemployment rate (ilo modelled estimates) recorded in Cyprus?
- The highest recorded value was 16.28 in 2014.
- What is the lowest unemployment rate (ilo modelled estimates) recorded in Cyprus?
- The lowest recorded value was 2.09 in 1992.
- How does Cyprus rank for unemployment rate (ilo modelled estimates)?
- Cyprus ranks 98th out of 188 countries with data for 2027.
- Is unemployment rate (ilo modelled estimates) rising or falling in Cyprus?
- Over the last ten years it is down 53.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Labour Organization, published as part of Unemployment rate (ILO modelled estimates) (15+). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. The unemployment rate conveys the number of persons who are unemployed as a percent of the labour force (i.e., the employed plus the unemployed). The unemployed comprise all persons of working age who were: a) without work during the reference period, i.e. were not in paid employment or self-employment; b) currently available for work, i.e. were available for paid employment or self-employment during the reference period; and c) seeking work, i.e. had taken specific steps in a specified recent period to seek paid employment or self-employment. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.