5 Minute News

Wage Landscape in Cyprus and Income Disparities

July 30, 2025

The Statistical Service announced figures showing that 36.5% of employees in Cyprus earn a gross salary below €1,500. One in three Cypriots has a salary under this threshold, while the percentage of foreigners earning similarly reaches 49.2%. Despite the average salary increase, the wage gap remains significant, affecting both Cypriots and foreign workers.