Cyprus is ranked number 14 among the EU member states when it comes to gross monthly earnings, the latest Eurostat figures show.

According to the EU figures, gross monthly earnings vary considerably across the EU. In 2018, the median monthly earnings varied from €4,057 per month in Denmark to €442 in Bulgaria.

Cyprus, with €1,477, was in 14th place, above Slovenia (€1,438) and below Spain which had median earnings of €1,708.

Joining Denmark at the top of the list was Luxembourg with median earnings of €3,671 per month, followed by Sweden with €3,135.

At the other end of the scale, Bulgaria stood out with its median monthly earnings of €442. The countries coming closest were Romania with €700 per month, Hungary with €801 and Lithuania with €809.

“The median is defined as a ‘middle value’: half of the employees earn less, and the other half earn more than the median value of earnings,” the Eurostat report said.