Accountant salary in Cyprus

The average accountant salary in Cyprus in 2024 is EUR 32,000 per year (EUR 2,667 per month, or EUR 615 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 20,800 and EUR 46,400 per year in 2024. 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 2,667 per month (gross) in 2024, based on an annual average of EUR 32,000. 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 20,800 and EUR 27,200 per year in 2024. 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 60,700 per year in 2024. Cyprus ranks 9 in the region with EUR 32,000/yr.

Whether EUR 32,000 per year is a good accountant salary in Cyprus depends on cost of living, location, and career stage. This figure represents the 2024 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 32,000/yr is below all other Europe countries tracked for this occupation in 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.