Accountant salary in Cyprus

The average accountant salary in Cyprus in 2022 is EUR 29,500 per year (EUR 2,458 per month, or EUR 567 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

Accountants in Cyprus earn between EUR 19,100 and EUR 42,700 per year in 2022. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

A accountant in Cyprus earns approximately EUR 2,458 per month (gross) in 2022, based on an annual average of EUR 29,500. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Cyprus.

Entry-level accountants in Cyprus typically earn between EUR 19,100 and EUR 25,100 per year in 2022. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Yes. Based on available data, Accountant salaries in Cyprus have grown by approximately 17% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Among Europe countries in our dataset, Luxembourg offers the highest average accountant salary at EUR 55,900 per year in 2022. Cyprus ranks 9 in the region with EUR 29,500/yr.

Whether EUR 29,500 per year is a good accountant salary in Cyprus depends on cost of living, location, and career stage. This figure represents the 2022 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

Cyprus's accountant salary of EUR 29,500/yr is below all other Europe countries tracked for this occupation in 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.