Productivity vs annual hours worked in Cyprus
Cyprus: Productivity vs annual hours worked was 1,840 in 2023. ▼ Falling
Latest (2023)
1,840
Change on year
up 0.2%
World rank
79th
of 129 countries
All-time high
1,951
in 2001
All-time low
1,725
in 2020
Years of data
29
1995–2023
Productivity vs annual hours worked in Cyprus, 1995–2023
Source: Our World in Data.
Analysis
In 2023, productivity vs annual hours worked in Cyprus stood at 1,840.
Compared with earlier readings it is up 0.2% on the previous year and up 1.6% over ten years.
Over the whole period, productivity vs annual hours worked in Cyprus peaked at 1,951 in 2001 and was at its lowest, 1,725, in 2020.
That places Cyprus 79th out of 129 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Productivity vs annual hours worked in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1,900 | — |
| 1996 | 1,899 | -0.1% |
| 1997 | 1,906 | +0.4% |
| 1998 | 1,913 | +0.3% |
| 1999 | 1,920 | +0.4% |
| 2000 | 1,926 | +0.3% |
| 2001 | 1,951 | +1.3% |
| 2002 | 1,923 | -1.4% |
| 2003 | 1,916 | -0.4% |
| 2004 | 1,879 | -2.0% |
| 2005 | 1,847 | -1.7% |
| 2006 | 1,833 | -0.8% |
| 2007 | 1,862 | +1.6% |
| 2008 | 1,868 | +0.3% |
| 2009 | 1,847 | -1.1% |
| 2010 | 1,845 | -0.1% |
| 2011 | 1,847 | +0.1% |
| 2012 | 1,845 | -0.1% |
| 2013 | 1,810 | -1.9% |
| 2014 | 1,815 | +0.3% |
| 2015 | 1,824 | +0.5% |
| 2016 | 1,840 | +0.8% |
| 2017 | 1,821 | -1.0% |
| 2018 | 1,807 | -0.8% |
| 2019 | 1,813 | +0.3% |
| 2020 | 1,725 | -4.8% |
| 2021 | 1,818 | +5.3% |
| 2022 | 1,836 | +1.0% |
| 2023 | 1,840 | +0.2% |
Cyprus compared with similar countries
- Cyprus's 1,840 is above the median for high income countries, which is 1,685, 1.1× the median. (50 countries reporting)
- Cyprus's 1,840 is above the median for Europe & Central Asia, which is 1,741, 1.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,907 | 1,899 | 1,920 | 5 |
| 2000s | 1,885 | 1,833 | 1,951 | 10 |
| 2010s | 1,827 | 1,807 | 1,847 | 10 |
| 2020s | 1,805 | 1,725 | 1,840 | 4 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is productivity vs annual hours worked in Cyprus?
- Productivity vs annual hours worked in Cyprus was 1,840 in 2023, according to Our World in Data.
- What is the highest productivity vs annual hours worked recorded in Cyprus?
- The highest recorded value was 1,951 in 2001.
- What is the lowest productivity vs annual hours worked recorded in Cyprus?
- The lowest recorded value was 1,725 in 2020.
- How does Cyprus rank for productivity vs annual hours worked?
- Cyprus ranks 79th out of 129 countries with data for 2023.
- Is productivity vs annual hours worked rising or falling in Cyprus?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Our World in Data, published as part of Productivity vs annual hours worked. Statizoid updates them automatically from the source API.
Download this data
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