Cyprus average monthly earnings increase by 6.2 per cent
The Cyprus Statistical Service (Cystat) reported an increase in the average gross monthly earnings of employees during the fourth quarter of 2023 compared to the same period in 2022. The average gross monthly earnings were estimated at €2,693 in the fourth quarter of 2023, a 6.2% increase from €2,535 in the fourth quarter of 2022. Men had an average gross monthly earnings of €2,884 in the fourth quarter of 2023, while women had €2,452. Men’s earnings increased by 6.7%, and women’s earnings increased by 5.5% compared to the fourth quarter of 2022.