Cyprus unemployment rate

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Cyprus unemployment rate: 6.4 (-3.03%)
Last Update: February 29, 2024

Cyprus unemployment rate closed down 6.4 as of February 29, 2024 from 6.6 from the previous month and 6.3 from last year.


Cyprus unemployment rate Analytics & Data




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Cyprus unemployment rate

Date Values
2024-02-29 6.4
2024-01-31 6.6
2023-12-31 6.3
2023-11-30 5.8
2023-10-31 5.8
2023-09-30 5.9
2023-08-31 6
2023-07-31 6.1
2023-06-30 6.1
2023-05-31 6.2
2023-04-30 6.2
2023-03-31 6.3
2023-02-28 6.3
2023-01-31 6.7
2022-12-31 7.4
2022-11-30 7.3
2022-10-31 6.9
2022-09-30 6.8
2022-08-31 8.3
2022-07-31 8.2


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Cyprus unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate cy.unemploymentrate 6.4 6.6 -3 2 UP UP 62 2024-02-29

Cyprus unemployment rate Factors

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What is the Cyprus unemployment rate

Welcome to our webpage dedicated to the Cyprus unemployment rate! Here, you will find current and historical data, trends and signals, analytics, and charts to help you understand and analyze the employment landscape in Cyprus.

First, let's understand what the Cyprus unemployment rate is. The unemployment rate measures the percentage of the labor force that is unemployed and actively seeking employment. It is an essential indicator of a country's economic health and the well-being of its citizens. A low unemployment rate generally indicates a healthy economy with ample job opportunities, while a high rate suggests economic challenges and a lack of employment opportunities.

The interpretation of the Cyprus unemployment rate can provide valuable insights into the labor market dynamics of the country. A decreasing trend in the unemployment rate over time implies improvements in job creation and economic growth, as it signifies more individuals finding employment. Conversely, an increasing trend suggests potential economic difficulties, such as sluggish job growth or a shrinking labor market.

On our webpage, you will find visually appealing charts and graphs that display the current unemployment rate in Cyprus. You can also access historical data to examine how the rate has evolved over time. These insights can aid researchers, analysts, policymakers, and businesses in making informed decisions by identifying patterns, correlations, and potential causes or impacts of unemployment.

In addition, our webpage provides users with the ability to export historical data, free of charge. This feature allows you to further analyze the data or integrate it into your own models and research.

We also provide MacroVar signals, trends, and analysis for the Cyprus unemployment rate. These analytical tools utilize advanced algorithms and statistical models to identify significant changes, turning points, and potential future movements in the unemployment rate. By using these signals, you can gain a deeper understanding of the unemployment trends and make predictions for future labor market conditions.

Whether you are an economist, researcher, or simply interested in the employment situation in Cyprus, our webpage offers you a wealth of information and analysis. Stay tuned for regular updates, as we strive to provide the most recent and relevant data to help you navigate the complexities of the labor market.

Cyprus Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Cyprus Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade cy.balanceoftrade -659569 -694321 -5 -1 UP UP 38 2023-11-30
building permits cy.buildingpermits 587 677 -13 -5 Down Down 30 2023-12-31
business confidence cy.bizconfidence 100.1 103.3 -3 -7 Down Down 25 2024-03-31
car registrations cy.carregistrations 1501 1527 -2 -65 Down Down 3 2024-03-31
consumer confidence cy.consconfidence -23.9 -26.7 -10 29 UP Down 53 2024-02-29
consumer price index cpi cy.cpi 115.41 114.93 0 1 Down UP 38 2024-03-31
current account cy.currentaccount -856 -522.1 64 14 Down Down 72 2023-12-31
current account to gdp cy.currentaccountgdp -12.1 -7.9 53 426 Down Down 0 2023-01-31
exports cy.exports 243087 310986 -22 -6 Down Down 40 2024-02-29
external debt cy.externaldebt 171697 172573 -1 -9 Down Down 0 2023-12-31
fiscal expenditure cy.fiscalexp 2741.8 2912.2 -6 -11 UP Down 18 2023-12-31
foreign exchange reserves cy.fxreserves 1754.6 1638.3 7 5 UP UP 24 2024-03-31
gdp cy.gdp 29.25 29.48 -1 14 UP UP 0 2022-01-31
Real GDP cy.realgdp 6487.2 6451.3 1 20 UP UP 97 2023-12-31
gdp growth cy.gdpgrowth 0.6 1.3 -54 -54 Down Down 60 2023-12-31
gdp growth annual cy.gdpgrowthan 2.2 2.2 0 -151 Down UP 40 2023-12-31
gold reserves cy.goldres 13.9 13.9 0 0 Down Down 61 2019-06-30
government budget cy.govbudget 2.4 -1.9 -226 -142 UP UP 0 2023-01-31
Government budget cy.govbudgetvalue 720 -218.4 -430 -5814 UP UP 2 2023-09-30
government debt to gdp cy.govdebtgdp 85.6 99.3 -14 30 Down UP 0 2023-01-31
government revenues cy.govrev 3461.8 2726.4 27 51 UP UP 98 2023-09-30
imports cy.imports 1100390 1116300 -1 27 UP UP 76 2023-09-30
industrial production cy.indproduction 4.2 2.25 87 -382 UP UP 8 2023-12-31
inflation cpi cy.inflationcpi 1.2 1.82 -34 -82 Down Down 48 2024-02-29
interest rate cy.interestrate 4.5 4.5 0 8900 UP UP 99 2024-04-01
long term unemployment rate cy.ltunemploymentrate 1.6 1.8 -11 -33 Down Down 30 2023-12-31
Producer Price Index cy.producerprices 122.6 122.5 0 -12 Down Down 2 2024-02-29
retail sales MoM cy.retailsales 19.8 4.4 350 1000 UP UP 96 2023-11-30
retail sales cy.retailsalesan 5.22 4.24 23 -43 Down Down 62 2024-02-29
unemployment rate cy.unemploymentrate 6.4 6.6 -3 2 UP UP 62 2024-02-29
youth unemployment rate cy.ytunemploymentrate 18.1 18.1 0 -3 UP Down 62 2023-11-30
Money Supply M2 cy.msm2 18440200 18178100 1 20 UP UP 100 2007-11-30
Money Supply M3 cy.msm3 23374 22649 3 21 UP UP 100 2007-12-31
Construction Confidence cy.esi.constr 1.2 -6.1 -12000 -10800 UP UP 0 2024-01-22
Consumer Confidence cy.esi.cons -26.7 -27.6 -300 -1200 Down UP 4000 2024-01-22
Industrial Confidence cy.esi.man -2.9 0.4 -82500 -6600 Down UP 0 2024-01-22
Retail Confidence cy.esi.ret 0.2 0 0 -10300 UP UP 0 2024-01-22
Services Confidence cy.esi.serv 33.6 26.2 2800 18200 UP UP 9500 2024-01-22
ESI - Economic Composite cy.esi.conf 107.8 104.3 3 12 UP UP 82 2023-06-30