Eurostat: Average annual salary in Cyprus rises to €29,547 in 2025

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The average annual full-time adjusted salary in Cyprus reached €29,547 in 2025, according to figures published by Eurostat on Friday.

The amount marks an increase from €28,143 in 2024, €26,696 in 2023 and €24,203 in 2022.

Despite the rise, Cyprus salaries remained below the EU average, which stood at €41,500 in 2025.

EU average salaries rise by 4.3%

Across the European Union, the average annual full-time adjusted salary increased by 4.3% in 2025 compared with the previous year.

The EU average rose from €39,800 in 2024 to €41,500 in 2025.

Luxembourg records highest average salary

Luxembourg recorded the highest average annual full-time adjusted salary among EU member states in 2025, at €85,600.

Denmark followed with €73,500, while Ireland ranked third with €64,400.

At the other end of the scale, Bulgaria recorded the lowest average at €16,200, followed by Greece at €18,800 and Hungary at €20,100.


Also read: Inflation in Cyprus rises to 4.4% in October 2026
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