Cyprus
A simple multiplier is used to convert the national currencies of EMU members to euros. The following irrevocable euro conversion rate entered into force on January 1, 2008: 1 euro = 0.585274 Cyprus pounds. Please note that historical data are not actual euros and are not comparable or suitable for aggregation across countries.
Global Rank (2023)
#65 / 205
Top 32% of global economies
Composite Score (2023)
64.7 / 100
Living Standard (2023)
$32,022
Subscore: 79.35 / 100
CPI Inflation (2023)
3.54%
Stability Score: 97.29 / 100
4-Pillar Structural Health Diagnostic (2023)
Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer
Raw: $32,022 (2015 USD)
Raw: 3.54% (Anchor: 3.0%)
Raw: -9.70% of GDP
Raw: $35.1B Current USD
Optimal Component Weights & Peak Rank Frontier (2023)
Monetary Discipline & Price Anchor FocusedWhat we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Cyprus's global competitive ranking by accentuating its comparative strengths.
Policy Insight & Strategic Advantage: Cyprus benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.
Under this bespoke weighting, Cyprus's composite score climbs to 95.5 (compared to 64.7 under standard multilateral weighting).
Longitudinal Trajectory & Peer Comparison Sandbox (1960–2025)
Tracking Cyprus's multi-decade trajectory overlaid with peer benchmark economies in Year 2023
Cross-Sectional Benchmark Standing in Year 2023
5 economies compared · Ordered by Global Rank| Country | Rank (2023) | Composite Score | GDP per Capita | CPI Inflation | Current Account (% GDP) | Nominal GDP ($) |
|---|---|---|---|---|---|---|
| Germany (DEU) | #16 | 81.1 | $44,369 | 5.95% | 5.50% | $4562.2B |
| United States (USA) | #17 | 80.0 | $65,667 | 4.12% | -3.34% | $27811.5B |
| China (CHN) | #37 | 72.3 | $12,484 | 0.23% | 1.41% | $18270.4B |
| Cyprus (CYP) Active | #65 | 64.7 | $32,022 | 3.54% | -9.70% | $35.1B |
| India (IND) | #93 | 59.5 | $2,230 | 5.65% | -0.91% | $3500.9B |
Decade-by-Decade Historical Milestones (1970–2023)
Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Cyprus