Cyprus Cyprus - Minimum wages

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NMW Cyprus 2024

The national minimum wage in Cyprus unchanged this year

Since June 2024, the national minimum wage in Cyprus remained fixed at €1,000 per month, that is 12,000 euros per year, taking into account 12 payments per year.

Accordingly the national minimum wage has remained stable so workers have lost purchasing power in the last year.

If we look at the ranking of the national minimum wage that we publish, Cyprus is in 26 nd place of the 122 of the list.

The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers.

In the table that follows we show you the progression of the National Minimum Wage Cyprus. You can see NMW in other countries in National Minimum Wage 2024 and see all the information about this country in Cyprus economy.

Cyprus - Minimum wages
DateNat. Curr. NMWNMWNMW
June 20241,000.0$1,085.2€1,000.0
January 20241,000.0$1,105.0€1,000.0
June 2023940.0$1,004.2€940.0
January 2023940.0$1,016.4€940.0
January 2022870.0$916.2€870.0
January 2021870.0$1,029.0€870.0
January 2020870.0$993.7€870.0
January 2019870.0$973.9€870.0
January 2018870.0$1,027.4€870.0
January 2017870.0$982.8€870.0
January 2016870.0$963.0€870.0
January 2015870.0$965.3€870.0
January 2014870.0$1,155.8€870.0
January 2013855.0$1,135.5€855.0
January 2012855.0$1,098.5€855.0
January 2011855.0$1,190.1€855.0
January 2010835.0$1,107.0€835.0
January 2009791.0$1,103.3€791.0
January 2008743.0$1,092.8€743.0
Cyprus - Minimum wages
Cyprus - Minimum wages