Compensation of employees per hour worked in Cyprus
Compensation of employees per hour worked in Cyprus was €18.84 in 2024, according to Eurostat. That is up 3.3% from 2023. That is the 15th highest of 27 EU countries in 2023.
Compensation of employees per hour worked in Cyprus, 2000 to 2024
All 25 values
| Period | EUR |
|---|---|
| 2024 | 18.84 Estimated |
| 2023 | 18.24 |
| 2022 | 16.68 |
| 2021 | 15.72 |
| 2020 | 15.92 |
| 2019 | 15.08 |
| 2018 | 14.35 |
| 2017 | 14.03 |
| 2016 | 13.68 |
| 2015 | 13.96 |
| 2014 | 14.27 |
| 2013 | 14.8 |
| 2012 | 15.3 |
| 2011 | 15.1 |
| 2010 | 14.84 |
| 2009 | 14.78 |
| 2008 | 13.89 |
| 2007 | 13.79 |
| 2006 | 14.07 |
| 2005 | 13.62 |
| 2004 | 12.42 |
| 2003 | 11.79 |
| 2002 | 11.02 |
| 2001 | 10.42 |
| 2000 | 10.15 |
Compared with European Union (27)
| Place | 2024 |
|---|---|
| Cyprus | 18.84 |
| European Union (27) | 29.55 |
Rankings
Definition
Wages, salaries and employers' social contributions divided by the hours actually worked by employees, in euros per hour, for the place where people work (Eurostat regional accounts).
A labour cost measure, higher than take-home pay because it includes employers' social contributions. Price levels differ between countries.
How it is calculated
Invokely calculation: compensation of employees (Eurostat nama_10r_2coe, EUR million) divided by hours worked by employees (Eurostat nama_10r_2emhrw), same place and year, times 1,000,000. This is how Eurostat computes regional compensation per hour worked.
Inputs
- Compensation of employees, regional accounts (2024): 15,320, Eurostat
- Hours worked by employees, regional accounts (2024): 813,128,000, Eurostat
How to cite
Invokely calculation from Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw). https://invokely.ai/docs/methodology#compensation_per_hour_worked_eur. Retrieved 2026-10-12.Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
What is the latest compensation of employees per hour worked in Cyprus? Cite the source.
get_value {"indicator":"compensation_per_hour_worked_eur","place":"cy"}
GET https://invokely.ai/api/v1/value?indicator=compensation_per_hour_worked_eur&place=cyQuestions
What is the compensation of employees per hour worked in Cyprus?
Compensation of employees per hour worked in Cyprus was €18.84 in 2024, according to Eurostat. That is up 3.3% from 2023. That is the 15th highest of 27 EU countries in 2023.
Where does this figure come from?
Invokely. Compensation of employees (Eurostat nama_10r_2coe) divided by hours worked by employees (Eurostat nama_10r_2emhrw). Retrieved by Invokely on 2026-10-12.
What was the highest compensation of employees per hour worked in Cyprus?
€18.84 in 2024, the highest value since 2000 in this series.