NewsLocal'Education' in Cyprus second best paid economic activity in 2018

‘Education’ in Cyprus second best paid economic activity in 2018

The ‘Information and communication’ industry was the highest paying sector in 2018 in twelve of the 27 EU Member States – including Cyprus, according to Eurostat.

At the same time, ‘Education’ was the best paid economic activity in Luxembourg and second best in Cyprus that same year, the data released on Tuesday also showed.

The average gross monthly earnings in the EU were high also for ‘Financial and insurance activities’.

Although it was the highest paying sector in ‘only’ four Member States – France, Hungary, Malta and Sweden – it came second in sixteen and third in six Member States.

While the ‘Wholesale and retail trade; repair of motor vehicles and motorcycles’ sector was on average the highest paid in Greece, it ranked among the industries with low earnings in most of the other Member States.

Another sector with high earnings was ‘Electricity, gas, steam and air conditioning supply’ which was the best paying industry in six Member States and second highest in another two.

At the opposite end of the ranking, ‘Accommodation and food service activities’ was identified as the lowest paying industry in all Member States except Greece, Malta and Slovenia (second lowest) and Croatia (third lowest).

‘Administrative and support services’ ranked as the second lowest in most Member States (12 of the 27) and the lowest overall in three countries (Greece, Croatia and Slovenia).

Top Stories