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Cyprus - Unemployment rate

11.1 (%) in 2017

Cyprus unemployment rate was at level of 11.1 % in 2017, down from 13 % previous year.

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What is unemployment rate?

Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]

What is Cyprus unemployment rate?

Date Value Change, %
2017 11.1 -14.66 %
2016 13.0 -13.09 %
2015 14.9 -7.31 %
2014 16.1 1.42 %
2013 15.9 34.32 %
2012 11.8 50.32 %
2011 7.9 25.10 %
2010 6.3 17.84 %
2009 5.3 45.89 %
2008 3.7 -7.01 %
2007 3.9 -13.74 %
2006 4.6