CY · 2024 · tps00173
Labour costs annual data - NACE Rev. 2
Cyprus, 2024
Labour costs annual data - NACE Rev. 2
16.9
Cyprus, 2024
▲ 4.3% vs 2023 (16.2)
Analysis
In 2024, Cyprus's labour costs annual data increased by 4.3% compared to 2023, reaching 16.9.
Cyprus accounts for 67.1% of the EU-27 total of 25.2.
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 · 2024
#15 of 27
% of EU-27 total · 2024
67.1%
EU-27: 25.2
Cyprus timeline (last 15 years)
2008 2025
Source:
Eurostat · tps00173