Cyprus's unemployment with advanced education (% of total labor force with advanced education) was 3.99% in 2024, the latest year in the World Bank's World Development Indicators. That is down 8.96 percentage points from 12.95% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.99% | 2024 |
| Five years earlier | 6.26% | 2019 |
| Ten years earlier | 12.95% | 2014 |
| Highest | 13.36% | 2013 |
| Lowest | 1.26% | 2000 |
| Average since 2015 | 7.54% | 2015–2024 |
| First recorded | 3.03% | 1999 |
What the numbers say
In 2024, Cyprus' unemployment with advanced education (% of total labor force with advanced education) fell 1.34 percentage points on 2023 (from 5.33% to 3.99%).
Across the 24 yearly changes before that (2000 to 2023), the average change was +0.1 percentage points and a typical year strayed about 1.4 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 3.17 percentage points in 2012 and the biggest yearly fall was 2.18 percentage points in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 0.83 percentage points a year. A straight line explains 91% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Cyprus had the 28th highest value of the 62 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Cyprus | 3.99% | 2024 |
| Europe & Central Asia | 4.82% | 2024 |
| High income | 3.7% | 2024 |
Closest to Cyprus in the 2024 ranking
What this measures
The percentage of the labor force with an advanced level of education who are unemployed. Advanced education comprises short-cycle tertiary education, a bachelor’s degree or equivalent education level, a master’s degree or equivalent education level, or doctoral degree or equivalent education level according to the International Standard Classification of Education 2011 (ISCED 2011).
Regional and income-group figures are computed by the World Bank as a weighted average.
All 26 values
| Year | Unemployment with advanced education (% of total labor force with advanced education) |
|---|---|
| 2024 | 3.99 |
| 2023 | 5.33 |
| 2022 | 5.76 |
| 2021 | 6.31 |
| 2020 | 7.1 |
| 2019 | 6.26 |
| 2018 | 7.67 |
| 2017 | 9.85 |
| 2016 | 10.95 |
| 2015 | 12.15 |
Unemployment with advanced education (% of total labor force with advanced education) in nearby economies
More social protection & labor data for Cyprus
- Net migration — 7,749 (2025)
- Unemployment, female (% of female labor force) (national estimate) — 4.78% (2025)
- Unemployment, male (% of male labor force) (national estimate) — 3.97% (2025)
- Unemployment, total (% of total labor force) (national estimate) — 4.35% (2025)
- Refugees under the mandate of the UNHCR by country or territory of asylum — 48,207 (2025)
- Labor force participation rate, total (% of total population ages 15+) (national estimate) — 65.16% (2025)
- Labor force participation rate, female (% of female population ages 15+) (national estimate) — 60.03% (2025)
- Ratio of female to male labor force participation rate (%) (national estimate)
Reading data like this
Questions people ask
- What is Cyprus's unemployment with advanced education (% of total labor force with advanced education)?
- 3.99% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1999?
- It is up 0.96 percentage points from 3.03% in 1999. The highest value was 13.36% in 2013 and the lowest 1.26% in 2000.
- How does Cyprus rank?
- 28th highest of 62 economies with data for 2024.
- Is the latest change in unemployment with advanced education (% of total labor force with advanced education) unusual for Cyprus?
Source
World Bank, World Development Indicators, indicator SL.UEM.ADVN.ZS, licensed CC BY 4.0. Original source: Education and Mismatch Indicators database (EMI), International Labour Organization (ILO), uri: https://ilostat.ilo.org/data/bulk/, publisher: ILOSTAT, type: external database, date accessed: March 30, 2026 Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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