Average monthly earnings in Cyprus rise to €2,548 in second quarter of 2026

Average gross monthly earnings for employees in Cyprus reached €2,548 during the second quarter of 2026, marking a 3% increase compared to the €2,475 recorded in the same period of 2025. Data released by the Statistical Service of Cyprus indicates that, when adjusted seasonally, these earnings also saw a 0.6% rise compared to the first quarter of 2026.

The data highlights persistent wage disparities across demographic groups. Average monthly earnings for men stood at €2,708, representing a 2.1% year-on-year increase, while women's earnings rose by 4.1% to reach €2,345. Despite the growth for women, a notable gap remains. Income distribution analysis reveals that 41.4% of all employees fall into the €1,500 to €2,999 bracket. Citizenship also influences this distribution, as 45.5% of Cypriot employees fall into this middle bracket, whereas 46.3% of non-Cypriot employees earn less than €1,500 monthly. Furthermore, approximately one in three employees earns below €1,500, while only 5.6% earn €6,000 or more.

Statistical experts noted that these figures represent averages rather than medians, suggesting that the results may be influenced by a smaller proportion of high earners. The report provides a preliminary overview of the labor market's financial performance for the spring quarter of 2026.