Cyprus

Economic Competitiveness Rating - Cyprus Compared to Continent

Footnote

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Albania	3.48
Bosnia & H.	3.55
Moldova	3.64
Macedonia	3.73
Serbia	3.78
Montenegro	3.91
Bulgaria	3.93
Romania	3.97
Ukraine	3.98
Greece	4.08
Russia	4.19
Croatia	4.20
Malta	4.21
Cyprus	4.23
Turkey	4.25
Poland	4.28
Hungary	4.35
Italy	4.36
Latvia	4.41
Slovak Rep.	4.45
Slovenia	4.48
Portugal	4.48
Lithuania	4.49
Czech Rep.	4.58
Spain	4.66
Estonia	4.74
Luxembourg	4.88
Iceland	5.02
Ireland	5.03
Belgium	5.10
France	5.18
Norway	5.20
Austria	5.23
Netherlands	5.40
UK	5.41
Finland	5.49
Germany	5.51
Sweden	5.54
Denmark	5.55
Switzerland	5.62

 

 

Cyprus: Economic growth competiveness index

The Growth Competitiveness Index (GCI), aims to quantify the quality of the macroeconomic environment, the state of a country’s public institutions, and its level of technological readiness.

Higher competitiveness scores are more desirable:

• Very High – 5.51 to 7
• High – 4.51 to 5.50
• Moderate – 3.51 to 4.50
• Low - 3.01 to 3.50
• Very Low – 0 to 3.00

Source: World Economic Forum

 

Cyprus does not publish official house price indices, but the financial advisor MFC Platis has published monthly house price statistics since January 2004. General economic statistics come from the Central Bank of Cyprus, and the Ministry of Finance.