Cyprus Labour Productivity Growth
2005 - 2023 | Quarterly | % | CEIC Data
Key information about Cyprus Labour Productivity Growth
- Cyprus Labour Productivity improved by 0.57 % YoY in Dec 2023, compared with a drop of 0.18 % in the previous quarter
- Cyprus Labour Productivity Growth data is updated quarterly, available from Jun 2005 to Dec 2023, averaging at 0.48 %
- The data reached an all-time high of 13.72 % in Jun 2021 and a record low of -10.90 % in Jun 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The Statistical Service of Cyprus provides Real GDP in EUR, at 2010 prices, and Employment
View Cyprus's Labour Productivity Growth from Jun 2005 to Dec 2023 in the chart:
What was Cyprus's Labour Productivity Growth in Dec 2023?
Cyprus Labour Productivity improved by 0.57 % YoY in Dec 2023, compared with a drop of 0.18 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.57 Dec 2023 | -0.18 Sep 2023 | -10.90 Jun 2020 | 13.72 Jun 2021 | % | quarterly | Jun 2005 - Dec 2023 |
Labour Productivity Growth by Country Comparison
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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
| Argentina (%) | -4.51 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 5.60 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
| Australia (%) | -1.63 Dec 2023 | quarterly | Jun 1979 - Dec 2023 |
| Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Azerbaijan (%) | -0.20 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Bahrain (%) | -3.66 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 5.11 2022 | yearly | 1992 - 2022 |
| Belarus (%) | 5.19 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Belgium (%) | 0.10 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
| Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.30 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
| Brunei (%) | -0.76 2022 | yearly | 1992 - 2022 |
| Bulgaria (%) | 0.68 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
| Canada (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Chile (%) | -2.14 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
| China (%) | 4.22 2023 | yearly | 1953 - 2023 |
| Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Croatia (%) | 10.94 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
| Czech Republic (%) | 2.26 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Denmark (%) | 2.54 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
| Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -1.05 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | -1.25 2022 | yearly | 1979 - 2022 |
| Georgia (%) | 5.23 2022 | yearly | 1997 - 2022 |
| Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
| Greece (%) | 0.13 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 4.63 Dec 2023 | quarterly | Dec 1982 - Dec 2023 |
| Hungary (%) | -0.80 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Iceland (%) | -2.99 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
| Iran (%) | -2.03 2022 | yearly | 1992 - 2022 |
| Ireland (%) | -11.70 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Israel (%) | -6.61 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Italy (%) | -1.13 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Ivory Coast (%) | 3.02 2022 | yearly | 1992 - 2022 |
| Japan (%) | 0.65 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 2.00 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
| South Korea (%) | 1.11 Dec 2023 | quarterly | Sep 1983 - Dec 2023 |
| Kosovo (%) | -0.46 Mar 2023 | quarterly | Mar 2017 - Mar 2023 |
| Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
| Kyrgyzstan (%) | 7.14 2022 | yearly | 1993 - 2022 |
| Laos (%) | -0.89 2022 | yearly | 1992 - 2022 |
| Latvia (%) | -1.41 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
| Lebanon (%) | -9.16 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | -2.31 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | -2.38 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| North Macedonia (%) | 1.24 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
| Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malta (%) | 0.89 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Mauritius (%) | 7.38 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Moldova (%) | -1.25 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
| Montenegro (%) | -4.61 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
| Mozambique (%) | -0.29 2022 | yearly | 1992 - 2022 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | 0.58 2022 | yearly | 1992 - 2022 |
| Netherlands (%) | -1.32 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| New Zealand (%) | -2.86 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.17 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Oman (%) | -5.73 2022 | yearly | 1999 - 2022 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 5.30 2022 | yearly | 1992 - 2022 |
| Paraguay (%) | 0.66 Dec 2023 | quarterly | Mar 2018 - Dec 2023 |
| Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | -0.82 2022 | yearly | 1992 - 2022 |
| Poland (%) | 1.43 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Portugal (%) | 1.07 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 0.75 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 4.48 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
| Singapore (%) | -0.80 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (%) | 0.67 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 1.51 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Spain (%) | -1.58 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Sri Lanka (%) | 7.10 Dec 2023 | quarterly | Jun 2013 - Dec 2023 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | -1.16 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Switzerland (%) | -2.27 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
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| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.500 2028 | yearly | 2001 - 2028 |
| Trade Balance (USD mn) | -617.5 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
| Total Exports (USD mn) | 306.9 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Exports Growth (%) | -10.7 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Aluminum: Exports (USD th) | 6,478.826 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 392,658.586 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 5,615.719 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 924.3 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Imports Growth (%) | -51.1 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Imports: Medicament (USD th) | 374,947.813 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 95,568.267 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 5.794 Dec 2023 | monthly | Nov 1969 - Dec 2023 |
| Total Imports from USA (USD mn) | 9.771 Jan 2024 | monthly | Apr 1964 - Jan 2024 |
| Total Exports to China (USD mn) | 1.139 Dec 2023 | monthly | Nov 1999 - Dec 2023 |
| Total Imports from China (USD mn) | 42.308 Dec 2023 | monthly | Sep 1974 - Dec 2023 |
| Exports (EUR th) | 281,549.000 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Imports (EUR th) | 848,084.000 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 4,503.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 50,102.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 9,002.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Mineral Products (EUR th) | 69,317.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 23,721.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: Re-Export (EUR mn) | 2,530.000 2022 | yearly | 1985 - 2022 |
| Exports: EU: United Kingdom (EUR th) | 17,404.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: Middle East: Lebanon (EUR th) | 41,413.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: EU: Greece (EUR th) | 21,694.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: North America: United States (EUR th) | 4,727.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 80,515.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 99,660.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 35,624.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 132,390.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Mineral Products (EUR th) | 201,953.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: EU: Italy (EUR th) | 51,071.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: EU: Greece (EUR th) | 217,410.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: EU: Germany (EUR th) | 52,981.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 7.9 Dec 2023 | monthly | Dec 2014 - Dec 2023 |
| Household Debt: % of GDP (%) | 88.2 2022 | yearly | 1995 - 2022 |
| Non-Performing Loans (USD mn) | 2,094.289 Dec 2023 | monthly | Dec 2014 - Dec 2023 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 229.7 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.554 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Gold Reserves (USD mn) | 986.388 Mar 2024 | monthly | Mar 1968 - Mar 2024 |
| Total Deposits (USD mn) | 56,168.779 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Deposits Growth (%) | 0.1 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Domestic Credit (USD mn) | 22,353.8 Jan 2024 | monthly | Nov 2005 - Jan 2024 |
| Domestic Credit Growth (%) | -6.1 Jan 2024 | monthly | Nov 2006 - Jan 2024 |
| Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
| Total Loans (USD mn) | 27,055.506 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Loans Growth (%) | -0.27 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 65.80 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Reserve Assets (EUR mn) | 1,754.589 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 212.857 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 914.084 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 7.863 Dec 2023 | monthly | Dec 2014 - Dec 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -11.3 Mar 2024 | monthly | May 2003 - Mar 2024 |
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