Unemployment Rate in Cyprus decreased to 6.40 percent in November from 6.60 percent in October of 2021. source: EUROSTAT

Unemployment Rate in Cyprus averaged 7.81 percent from 2000 until 2021, reaching an all time high of 16.50 percent in March of 2014 and a record low of 3 percent in March of 2002. This page provides the latest reported value for - Cyprus Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Unemployment Rate in Cyprus is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Unemployment Rate is projected to trend around 5.90 percent in 2023, according to our econometric models.

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Cyprus Unemployment Rate


Cyprus Unemployment Rate
In Cyprus, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
6.40 6.60 16.50 3.00 2000 - 2021 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-02 10:00 AM Oct 6.6% 6.2% 3.3%
2022-01-10 10:00 AM Nov 6.4% 6.6% 6.8%
2022-02-01 10:00 AM Dec 6.4%


Related Last Previous Unit Reference
Unemployment Rate 6.40 6.60 percent Nov/21
Long Term Unemployment Rate 3.00 2.80 percent Jun/21
Youth Unemployment Rate 15.00 15.00 percent Sep/21
Population 0.89 0.88 Million Dec/20
Productivity 108.50 107.10 points Sep/21
Part Time Employment 41.60 41.30 Thousand Sep/21
Full Time Employment 384.80 371.60 Thousand Sep/21
Employment Rate 72.30 70.10 percent Sep/21
Employment Change 0.10 0.50 percent Jun/21