Average gross monthly earnings of employees increased by 4.2% during the second quarter of 2025, reaching €2,476 compared to €2,375 in the same quarter of 2024, according to preliminary data from the Statistical Service of Cyprus.
Seasonally adjusted earnings also showed an increase of 0.9% compared to the first quarter of 2025, indicating a steady upward trend in wages.
Men’s average gross monthly earnings are estimated at €2,656, while women’s stand at €2,251. Compared to the second quarter of 2024, earnings increased by 3.8% for men and 4.7% for women, suggesting a narrowing of the gender pay gap.
According to the Statistical Service’s breakdown of earnings distribution:
- 36.1% of employees receive less than €1,500 monthly
- 40% receive between €1,501 and €2,999
- 12.8% have earnings of €3,000–€4,499
- 6% earn €4,500–€5,999, while
- 5.1% receive more than €6,000 per month
The data shows that despite the general increase in earnings, a significant percentage of workers remain below the €1,500 threshold, while the middle earnings category between €1,500 and €3,000 is growing.
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