CY · 2022 · tesem170
Nominal unit labour cost growth
Cyprus, 2022
Nominal unit labour cost growth
2.70
Cyprus, 2022
Analysis
In 2022, Cyprus's nominal unit labour cost growth stood at 2.70.
Cyprus accounts for 79.4% of the EU-27 total of 3.40.
Cyprus ranks 20th out of 27 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has grown by 125.0% (from 1.20 in 2017).
Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2022
#20 of 27
% of EU-27 total · 2022
79.4%
EU-27: 3.40
Cyprus timeline (last 15 years)
2005 2025
Source:
Eurostat · tesem170