CY · 2023 · tps00173
Labour costs annual data - NACE Rev. 2
Cyprus, 2023
Labour costs annual data - NACE Rev. 2
16.2
Cyprus, 2023
▲ 6.6% vs 2022 (15.2)
Analysis
In 2023, Cyprus's labour costs annual data increased by 6.6% compared to 2022, reaching 16.2.
Cyprus accounts for 67.5% of the EU-27 total of 24.0.
Cyprus ranks 15th out of 27 EU member states with reported data — in the bottom half of the distribution.
Source: Eurostat dataset tps00173, accessed via the eupublicdata pipeline.
Rank in EU-27 · 2023
#15 of 27
% of EU-27 total · 2023
67.5%
EU-27: 24.0
Cyprus timeline (last 15 years)
2008 2025
Source:
Eurostat · tps00173