Cyprus Unemployment Rate
Unemployment as % of total labor force SL.UEM.TOTL.ZS
Cyprus's unemployment rate was 4.92% in 2025, ranked 84th globally. This represents a 1.3% increase from 2024. Data from World Bank, covering 1982–2025.
Overview
Cyprus's unemployment rate stood at 4.92% in 2025, a rise of +0.06pp from 2024. The IMF projects 4.49% by 2025. Cyprus ranked 84th globally.
Cyprus's unemployment rate has fluctuated significantly over the past 44 years, reflecting the island nation's economic resilience and vulnerability to external shocks. At its lowest point in 1990, the unemployment rate stood at 1.80%, a testament to Cyprus's strong economic performance during the late 1980s. Conversely, the unemployment rate peaked at 16.28% in 2014, amidst the European sovereign debt crisis. As of 2025, Cyprus's unemployment rate has returned to a relatively stable level of 4.92%, ranking it 84th globally. This rate is comparable to that of Honduras, which shares a similar unemployment rate of 4.92%. Switzerland, a peer country with a strong economy, boasts a lower unemployment rate of 4.87%. Looking ahead, a potential increase in tourism and services sector growth could help Cyprus maintain its stable unemployment rate, provided that the country continues to attract foreign investment and diversify its economy.
Data & projection
| Year | Unemployment Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 4.68% | - | - |
| 2029* IMF | 4.68% | - | - |
| 2028* IMF | 4.68% | - | - |
| 2027* IMF | 4.68% | - | - |
| 2026* IMF | 4.68% | - | - |
| 2025* IMF | 4.49% | - | - |
| 2025 | 4.92% | +0.06pp | #84 |
| 2024 | 4.90% | −0.92pp | #89 |
| 2023 | 5.84% | −0.44pp | #111 |
| 2022 | 6.81% | −0.34pp | #125 |
| 2021 | 7.51% | −0.04pp | #118 |
| 2020 | 7.76% | +0.63pp | #116 |
| 2019 | 7.16% | −1.20pp | #125 |
| 2018 | 8.50% | −2.55pp | #132 |
| 2017 | 11.16% | −1.80pp | #148 |
| 2016 | 13.01% | −1.89pp | #160 |
| 2015 | 15.03% | −1.05pp | #165 |
| 2014 | 16.28% | +0.43pp | #168 |
| 2013 | 16.13% | +4.33pp | #166 |
| 2012 | 12.10% | +4.25pp | #146 |
| 2011 | 7.94% | +1.67pp | #118 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's unemployment rate was 4.92% in 2025. Ranked 84th globally. This represents a 1.3% increase from the previous year.
Cyprus's unemployment rate peaked at 16.28% in 2014.
The lowest unemployment rate in Cyprus was 1.80% in 1990.
Cyprus ranks 84th globally in unemployment rate as of 2025.
The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.
Cyprus's unemployment rate is projected to reach 4.49% by 2025 based on IMF projection.
The unemployment rate of Cyprus in 2025 was 4.92%. This ranks 84th in the world.
Cite this page
@misc{historysaid_cyprus_unemployment-rate,
title = {Cyprus Unemployment Rate},
url = {https://historysaid.com/cyprus/unemployment-rate/},
publisher = {HistorySaid},
year = {2026}
}