Cyprus: Competitiveness

* indicates monthly or quarterly data series
 Cyprus

Competitiveness - World Economic Forum index (0-100)

 Latest value 66.40
 Year 2019
 Measure points
 Data availability 2018 - 2019
 Average 66.00
 Min - Max 65.60 - 66.40
 Source The World Economic Forum
The latest value from 2019 is 66.4 points, an increase from 65.6 points in 2018. In comparison, the world average is 60.61 points, based on data from 140 countries. Historically, the average for Cyprus from 2018 to 2019 is 66 points. The minimum value, 65.6 points, was reached in 2018 while the maximum of 66.4 points was recorded in 2019. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Cyprus - Competitiveness - Recent values chart




Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness: Institutions, Infrastructure, ICT adoption, Macroeconomic stability, Health, Skills, Product market, Labor market, Financial system, market size, Business, dynamism, and Innovation capability.

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 Related indicators Latest Reference Measure
 Rule of law 0.63 2023 points
 Government effectiveness 0.74 2023 points
 Control of corruption 0.33 2023 points
 Regulatory quality 0.78 2023 points
 Voice and accountability 0.97 2023 points
 Political stability 0.41 2023 points
 Corruption perceptions - Transparency International 53 2023 points
 Political rights 1 2024 points
 Civil liberties 1 2024 points
 Competitiveness 66.40 2019 points
 Cost of starting a business 5.60 2019 percent of per capita GNI
 Shadow economy 32.20 2015 percent
 Informal economy, MIMIC method 28.60 2020 percent
 Informal economy, DGE method 25.20 2020 percent
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