CY · 2012 · tesem170

Nominal unit labour cost growth

Cyprus, 2012

Nominal unit labour cost growth
1.60
Cyprus, 2012
▼ 23.8% vs 2011 (2.10)
Analysis

In 2012, Cyprus's nominal unit labour cost growth decreased by 23.8% compared to 2011, reaching 1.60.

Cyprus accounts for 76.2% of the EU-27 total of 2.10.

Cyprus ranks 16th out of 24 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 33.3% (from 1.20 in 2007).

Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2012
#16 of 24
% of EU-27 total · 2012
76.2%
EU-27: 2.10
Cyprus timeline (last 15 years)
2005 2025