Wage bill as a percentage of GDP in Cyprus
Cyprus: Wage bill as a percentage of GDP was 12.6% in 2022. ▼ Falling
Latest (2022)
12.6%
Change on year
down 1.6%
World rank
26th
of 188 countries
All-time high
14.6%
in 2012
All-time low
11.5%
in 2018
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Cyprus, 2000–2022
Source: World Bank.
Analysis
In 2022, wage bill as a percentage of gdp in Cyprus stood at 12.6%.
Compared with earlier readings it is down 1.6% on the previous year and down 13.8% over ten years.
Over the whole period, wage bill as a percentage of gdp in Cyprus peaked at 14.6% in 2012 and was at its lowest, 11.5%, in 2018.
That places Cyprus 26th out of 188 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.4% | 12.4% | 14.6% | 10 |
| 2010s | 13.1% | 11.5% | 14.6% | 10 |
| 2020s | 12.9% | 12.6% | 13.4% | 3 |
Countries ranked near Cyprus
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Cyprus?
- Wage bill as a percentage of gdp in Cyprus was 12.6% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Cyprus?
- The highest recorded value was 14.6% in 2012.
- What is the lowest wage bill as a percentage of gdp recorded in Cyprus?
- The lowest recorded value was 11.5% in 2018.
- How does Cyprus rank for wage bill as a percentage of gdp?
- Cyprus ranks 26th out of 188 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Cyprus?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).