Key Questions
As part of the country’s economic profile, the economic structure section gives readers useful views to understand what matters to Cyprus economy.
KEY QUESTIONS ADDRESSED
- What is the size of the Cyprus economy?
- What is the size of the Cyprus population?
- What is the demographic structure of Cyprus? Is it favorable for economic growth?
- How has the structure of GDP changed over the years?
- How much does the Cyprus economy rely on external trade?
- Economic Freedom Index: How free is the Cyprus economy?
Part of the country’s economic profile, this section explores Cyprus competitiveness at the global level. It also covers the country’s attractiveness to foreign direct investment.
KEY QUESTIONS ADDRESSED
- How competitive is Cyprus?
- How are Cyprus competitive factors compared to those of other countries?
- How is the minimum wage in Cyprus compared to others in the region?
- How has labor productivity in Cyprus changed over the years, and in relation to comparable countries?
- Is it easy to do business in Cyprus?
- How good is Cyprus in attracting Foreign Direct Investment?
Part of the country’s economic profile, this section explores Cyprus economic development, average income, and its distribution, poverty as well as other development indicators.
KEY QUESTIONS ADDRESSED
- What is the level of income for an average person in Cyprus?
- What is the poverty rate in Cyprus, and how does it compare to others?
- How has the unemployment rate in Cyprus changed over recent years?
- How is income distributed in Cyprus, and how does it compare to others?
- What is the current level of human development in Cyprus?
- How has the quality of life changed over the years?
- How many SDG has Cyprus achieved to date?
As part of the country’s economic outlook, this section explores Cyprus’s recent economic growth, its key drivers as well as the growth outlook for the coming years.
KEY QUESTIONS ADDRESSED
- What has been the growth rate of the Cyprus economy over the past ten years, and how does it compare with others?
- What were the key growth drivers for the Cyprus economy in the last year?
- How much does each sector contribute to the overall growth?
- What is the GDP growth rate in the latest quarter?
- What are the latest signals from the leading indicators?
- What is the growth outlook for the Cyprus economy over the next three years, and how does it compare with others?
As part of the country’s economic outlook, this section explores Cyprus macro-economic risks, including inflation, financial sector, budget deficit as well as the balance of payment and exchange rate.
KEY QUESTIONS ADDRESSED
- What have been the government measures against the Covid-19 crisis?
- What is the risk of inflation over the next 12 months?
- What is the latest move on the Cyprus monetary policy?
- What is the health of the Cyprus banking sector?
- What has been the trend in the Cyprus fiscal budget deficit?
- Balance of Payment: Where are the key risks?
- What is the FX risk? How has the currency performed compared to others?
From IMF’s World Economic Outlook Report
- GDP growth
- Inflation
- Population
- Unemployment rate
- Government budget and debt
- Current account
Detailed rankings and scores for Cyprus and comparable economies.
- Starting a business
- Dealing with construction permits
- Getting electricity
- Registering property
- Getting credit
- Protecting Minority Investors
- Paying taxes
- Trading across borders
- Enforcing contracts
- Resolving Insolvency