Nicosia:The average gross monthly earnings of employees in Cyprus rose to £2,548 during the second quarter of 2026, marking a 3% increase from £2,475 in the same quarter of the previous year, as per provisional data released by the Statistical Service on Monday.
According to Cyprus News Agency, there was also a 0.6% increase in seasonally adjusted average gross monthly earnings compared to the first quarter of 2026. The data further reveals gender-based earnings differences, with male employees earning an average of £2,708 and female employees earning £2,345 in the second quarter of 2026.
The average gross monthly earnings for male and female employees increased by 2.1% and 4.1% respectively compared to the second quarter of 2025. The earnings distribution indicates that the largest proportion of employees (41.4%) falls within the £1,500-£2,999 earnings bracket.
The data also highlights variations in earnings distribution based on nationality. A significant proportion of Cypriots (45.5%) fall within the £1,500-£2,999 earnings category, while non-Cypriots show a higher concentration (46.3%) in the category earning below £1,500.