Cyprus: jobs and pay

What is the unemployment rate in Cyprus?

Unemployment in Cyprus was 3.6% in the second quarter of 2026, according to CYSTAT's Labour Force Survey key figures. Eurostat's monthly estimate, seasonally adjusted, was 4.1% in August 2026. CYSTAT puts the employment rate for ages 20 to 64 at 82.8% in the second quarter.

A separate CYSTAT count of registered unemployed showed 8,366 people registered at District Labour Offices at the end of September 2026, 9.7% more than a year earlier. Registered numbers count people signed on at labour offices and change through the year (12,385 at the end of August 2026), so they move differently from the survey rate.

Official sources: CYSTAT key figures (Greek) · Eurostat: Unemployment by sex and age, monthly · CYSTAT: Registered Unemployed, September 2026 (PDF)

What is the average salary in Cyprus?

Average gross monthly earnings of employees in Cyprus were €2,601 in the first quarter of 2026, 3.7% higher than a year earlier, according to provisional CYSTAT figures published on 29 July 2026. Men averaged €2,776 and women €2,378.

CYSTAT's earnings include irregular payments such as 13th and 14th salaries and bonuses, so quarters differ: the fourth quarter of 2025 averaged €2,932. CYSTAT reports that the largest share of employees earn €1,500 to €2,999 a month, and that non-Cypriot employees are more concentrated below €1,500. Figures are before tax and social contributions.

Official sources: CYSTAT: Average Monthly Earnings, Q1 2026 (PDF)

What is the minimum wage in Cyprus?

The national minimum wage in Cyprus was €1,088 a month in the second half of 2026, the same as in the first half, according to Eurostat. The amount is gross, before tax and social insurance contributions.

The Ministry of Labour and Social Insurance is responsible for the national minimum wage and publishes the rules on who it covers. Eurostat converts national minimum wages to a monthly amount so that they can be compared across EU countries.

Official sources: Eurostat: Monthly minimum wages · Ministry of Labour and Social Insurance

How many job vacancies are there in Cyprus?

There were 12,930 job vacancies in Cyprus in the second quarter of 2026, 19.5% fewer than a year earlier, according to CYSTAT on 14 September 2026. The job vacancy rate was 2.6%, down from 2.8% in the first quarter and 3.3% in the second quarter of 2025.

The highest vacancy rates were in accommodation and food services (4.6%), transport and storage (3.5%) and administrative and support services (3.5%). The vacancy rate is the share of all posts, filled and unfilled, that employers are actively trying to fill.

Official sources: CYSTAT: Job Vacancies, Q2 2026 (PDF)

What is the minimum wage in Cyprus?

According to the ILO, the statutory minimum wage in Cyprus was 1,088 EUR a month in 2026. That is the highest since at least 2012.

How much do workers in Cyprus earn on average?

The ILO puts average monthly earnings of employees in Cyprus at $3,287 a month in 2025. No year since 2012 has been higher. It is 16th highest of 32 in Europe & Central Asia, where the median is $3,252 a month. Of 57 countries with 2025 data, 18th highest.

How high is unemployment in Cyprus?

In 2025, the unemployment rate in Cyprus was 4.9%, according to the ILO. Since 2005 it has ranged from 3.8% (2008) to 16.3% (2014). Europe & Central Asia median: 5.5%; Cyprus is 28th highest of 47. World rank, highest first: 92nd of 174.

What is youth unemployment in Cyprus?

According to the ILO, unemployment among 15 to 24 year olds in Cyprus was 12.7% in 2025. Its high point since 2005 was 2013, at 38.1%; its low point was 2008, at 8.5%. Across Europe & Central Asia the middle value was 14.2%, and Cyprus placed 29th highest of 47. Of 174 countries with 2025 data, 86th highest.

How many people in Cyprus are working or looking for work?

The latest figure from the ILO, for 2025, is 67.0%. Its high point since 2005 was 2023, at 67.9%; its low point was 2005, at 63.3%. Europe & Central Asia median: 60.3%; Cyprus is 5th highest of 47. Worldwide: 45th of 174.

What is female labour force participation in Cyprus?

According to the ILO, the labour force participation rate for women in Cyprus was 61.2% in 2025. Since 2005 it has ranged from 53.5% (2005) to 62.5% (2023). Across Europe & Central Asia the middle value was 54.6%, and Cyprus placed 8th highest of 47. Worldwide: 42nd of 174.

How many people in Cyprus are employed?

In 2025, the employment to population ratio in Cyprus was 63.7%, according to the ILO. Since 2005 it has ranged from 53.7% (2013) to 64.0% (2023). Europe & Central Asia median: 56.6%; Cyprus is 5th highest of 47. World rank, highest first: 43rd of 174.

What is vulnerable employment in Cyprus?

The latest figure from the ILO, for 2025, is 8.4%. Its high point since 2005 was 2005, at 15.8%; its low point was 2024, at 8.1%. It is 35th highest of 47 in Europe & Central Asia, where the median is 11.0%. World rank, highest first: 151st of 174.

What share of jobs in Cyprus are salaried?

According to the ILO, the share of workers who are paid employees in Cyprus was 89.8% in 2025. Since 2005 it has ranged from 76.8% (2005) to 90.1% (2024). Across Europe & Central Asia the middle value was 85.5%, and Cyprus placed 6th highest of 47. Of 174 countries with 2025 data, 15th highest.