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Announcement by the Cyprus Statistical Service – Average Monthly Earnings of Employees by Quarter

Based on provisional data, the average gross monthly earnings of employees during the second quarter of 2024, amounted to €2.398 compared to €2.262 during the second quarter of 2023, i.e. an increase of 6,0% is observed.

The average gross monthly earnings during the second quarter of 2024, seasonally adjusted, are estimated at €2.475 and compared to the first quarter of 2024 they are increased by 1,6%.

The average gross monthly earnings of male employees during the second quarter of 2024 are estimated at €2.606 and of female employees at €2.141. Compared to the second quarter of 2023, the average gross monthly earnings of male and female employees recorded an increase of 6,4% and 5,6% respectively.  

Read the full announcement here (Graphs & Tables)