Compensation of employees in Cyprus, 2024

Compensation of employees in 2024: Annual value — 44.1 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

Compensation of employees in 2024 — neighbouring years chart, Annual value 44.1 % of GDP, source Eurostat
Compensation of employees in 2024 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

Compensation of employees in 2024

  • Value: 44.1 % of GDP
  • Change vs 2023: −0.4 % of GDP (−0.9 %)
  • Position in history: below the 12-year average (average — 44.425 % of GDP)
  • Series maximum — 47.3 % of GDP in 2020 (4 years ago)
  • Series minimum — 43.1 % of GDP in 2022 (2 years ago)
  • Value date: 1 January 2024
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
201643.3
201743.5
201843.8
201945.2
202047.3
202144.4
202243.1
202344.5
202444.1
202544.5

Full history and interactive chart

Complete series for Cyprus — on the Compensation of employees page.

Other years

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