The average annual full-time salary in Cyprus rose to €29,547 in 2025, but remains almost €12,000 below the EU average, according to figures published by Eurostat on Friday. Pay in Cyprus has gone up by more than €5,000 since 2022.
Salaries in Cyprus over four years
Eurostat’s figures for the average annual adjusted full-time salary in Cyprus show steady growth:
- 2022: €24,203
- 2023: €26,696
- 2024: €28,143
- 2025: €29,547
The increase between 2024 and 2025 was €1,404, or about 5%. Since 2022, average pay has risen by about 22%.
The EU average
Across the EU, the average annual adjusted full-time salary reached €41,500 in 2025, up 4.3% from €39,800 in 2024.
This means the average salary in Cyprus is about 71% of the EU average.
Highest salaries in Luxembourg
According to Eurostat, the highest average annual adjusted full-time salaries in the EU in 2025 were in:
- Luxembourg: €85,600
- Denmark: €73,500
- Ireland: €64,400
Lowest salaries in Bulgaria
The lowest were in:
- Bulgaria: €16,200
- Greece: €18,800
- Hungary: €20,100
Source: Eurostat
