Unemployment rate in Cyprus

Cyprus: Unemployment rate was 4.9% in 2025. ◆ Volatile

Latest (2025)
4.9%
Change on year
up 0.5%
World rank
102nd
of 186 countries
All-time high
16.3%
in 2014
All-time low
2.1%
in 1992
Years of data
35
1991–2025

Unemployment rate in Cyprus, 1991–2025

0510151991200820251991: 3 %1992: 2.1 %1993: 2.7 %1994: 2.7 %1995: 2.6 %1996: 3.1 %1997: 3.4 %1998: 3.3 %1999: 5.5 %2000: 4.8 %2001: 4 %2002: 3.3 %2003: 4.2 %2004: 4.8 %2005: 5.5 %2006: 4.6 %2007: 3.9 %2008: 3.8 %2009: 5.6 %2010: 6.4 %2011: 7.9 %2012: 12.1 %2013: 16.1 %2014: 16.3 %2015: 15 %2016: 13 %2017: 11.2 %2018: 8.5 %2019: 7.2 %2020: 7.8 %2021: 7.5 %2022: 6.8 %2023: 5.8 %2024: 4.9 %2025: 4.9 %

Source: ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for unemployment rate in Cyprus is 4.9%, measured in 2025.

The figure is up 0.5% on the previous year and down 67.2% over ten years.

Over the whole period, unemployment rate in Cyprus peaked at 16.3% in 2014 and was at its lowest, 2.1%, in 1992.

Cyprus ranks 102nd of 186 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 in Cyprus, year by year

Annual values for Unemployment rate in Cyprus, 1991 to 2025.
Year % Change
1991 3.0%
1992 2.1% -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 5.5% +67.6%
2000 4.8% -13.8%
2001 4.0% -15.2%
2002 3.3% -17.5%
2003 4.2% +24.5%
2004 4.8% +14.9%
2005 5.5% +14.9%
2006 4.6% -16.2%
2007 3.9% -14.1%
2008 3.8% -4.8%
2009 5.6% +48.9%
2010 6.4% +13.7%
2011 7.9% +24.9%
2012 12.1% +52.3%
2013 16.1% +33.3%
2014 16.3% +0.9%
2015 15.0% -7.7%
2016 13.0% -13.4%
2017 11.2% -14.2%
2018 8.5% -23.8%
2019 7.2% -15.9%
2020 7.8% +8.4%
2021 7.5% -3.1%
2022 6.8% -9.4%
2023 5.8% -14.3%
2024 4.9% -16.0%
2025 4.9% +0.5%

Cyprus compared with similar countries

  • Cyprus's 4.9% is below the median for high income countries, which is 5.0%, 98% of the median. (62 countries reporting)
  • Cyprus's 4.9% is below the median for Europe & Central Asia, which is 5.6%, 89% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.2% 2.1% 5.5% 9
2000s 4.4% 3.3% 5.6% 10
2010s 11.4% 6.4% 16.3% 10
2020s 6.3% 4.9% 7.8% 6

Countries ranked near Cyprus

  1. 99 Nicaragua 5.0% compare
  2. 100 Croatia 5.0% compare
  3. 101 Samoa 5.0% compare
  4. 103 Honduras 4.9% compare
  5. 104 Switzerland 4.9% compare
  6. 105 Paraguay 4.8% compare

See the full ranking of 186 places →

More work & labour data for Cyprus

All data for Cyprus →

Frequently asked questions

What is unemployment rate in Cyprus?
Unemployment rate in Cyprus was 4.9% in 2025, according to ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest unemployment rate recorded in Cyprus?
The highest recorded value was 16.3% in 2014.
What is the lowest unemployment rate recorded in Cyprus?
The lowest recorded value was 2.1% in 1992.
How does Cyprus rank for unemployment rate?
Cyprus ranks 102nd out of 186 countries with data for 2025.
Is unemployment rate rising or falling in Cyprus?
Over the last ten years it is down 67.2%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rate. Statizoid updates them automatically from the source API.

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Unemployment rate in Cyprus. Statizoid, drawing on ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data. Retrieved 23 September 2026, from https://labour.statizoid.com/stat/unemployment-rate/cyprus/

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About this data

Indicator
Unemployment rate
Unit
%
Source
ILO Modelled Estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
186 places, 6,496 data points, 1991–2025
Last refreshed

Share of the labor force without work, but actively looking for a job and available to start soon.