Insider Economy Cyprus ranked 15th in EU for average hourly wages

Cyprus ranked 15th in EU for average hourly wages

Cyprus ranks 15th among the EU-28 for its average hourly compensation of employees, a Eurostat report shows.

In 2016, the average rate of compensation of employees in Cyprus, in terms of wages, salaries and employers’ social contributions was €14 per hour.

The corresponding average across the EU as a whole in 2016 was €23 per hour.

The highest average rate of compensation was in Luxembourg, where employees got €43.9 per working hour, the second highest was in Denmark (€38.9 per hour) and the third highest was in Belgium (€38 per hour).

Residents of Bulgaria received the lowest average rate of compensation in 2016 (€4.7 per hour), followed by residents of Romania (€5.1 per hour) and Poland (€6.3 per hour).


In 2016, the average rate of compensation of employees in the European Union (EU), in terms of wages, salaries and employers’ social contributions, ranged from €44 per hour worked, in the Brussels city region and in Luxembourg, to below €4 per hour worked in three regions in Bulgaria (Severen tsentralen, Severozapaden and Yuzhen tsentralen) and the Nord-Est region of Romania.

Hourly compensation per employee was often highest in the capital region of EU Member States. Exceptions to this were in Germany (Oberbayern), the United Kingdom (Inner London West), Italy (Provincia Autonoma di Bolzano/Bozen), Spain (País Vasco) and Greece (Dytiki Makedonia).

The source data are here: compensation of employeeshours worked and national data.  Figures on the separate components of the compensation of employees are not available.

For more information:

Top Stories

Training in the streets

Team GB taekwondo athlete Lutalo Muhammad trains at his home in Walthamstow, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 24,...

Hugging Station

Alex Montagano demonstrates his "Hugging Station" with neighbour Sharon Pearce-Anderson, that he built to embrace family members amid the coronavirus disease (COVID-19) precautions in...

Greek eyes ‘tourism safety zone’ with Cyprus, Israel

    Greece's Minister of Tourism Haris Theoharis has told the Cyprus News Agency that the conclusion of bilateral agreements with countries with similar epidemiological profiles...

Americans spend holiday at beaches as virus death toll nears 100,000

  Americans sunbathed on beaches, fished from boats and strolled on boardwalks this holiday weekend, even as the U.S. death toll from COVID-19 fast approaches...

Ardern stays cool as earthquake strikes during live interview

New Zealand Prime Minister Jacinda Ardern was unflustered by an earthquake that struck the capital Wellington on Monday while she was doing a live...


Fish meatballs

In a bowl, mix the finely chopped onion and parsley. Boil the fish, cut into small pieces and add to the bowl. Add salt...

“Frappe” Greek iced coffee

Frappé coffee (also Greek frappé or café frappé Greek: φραπές, frapés) is a Greek foam-covered iced coffee drink made from instant coffee (generally, spray-dried...

A guide of Summer fruits from Cyprus

Cyprus summer love! Cyprus summer fruits! So, what are the summer fruits which can be bought in Cyprus? Watermelon A Cypriot summer is not complete without...

Stuffed vine leaves with artichokes (Lenten)

Blanch the vine leaves in hot water. For the stuffing, finely chop the artichokes and the onions and sauté in olive oil until translucent....