Cyprus recorded average hourly labour costs of €21.7 during the 2025 financial year, according to a report released on Tuesday by Eurostat.
The figure places Cyprus significantly below the European Union average of €34.9 and the euro area average of €38.2.
This data highlights a persistent cost gap between Cyprus and the higher-cost economies of the continent.
When compared with the previous year, hourly labour costs in Cyprus increased by
