Region: Central Eastern Europe and Central Asia
Global Rank: 41 of 125
Regional Rank: 5 of 24
Cyprus’s IPRI score increased by 0.791 to 6.237 placing it 5th in the Central Eastern Europe and Central Asia region and 41st in the world. Cyprus is classified by the IMF as part of the Advanced economies group and by the World Bank as High income country.
Cyprus’s Legal and Political Subindex decreased by -0.17 to 6.388 with scores of 6.091 in Judicial Independence, 6.455 in Rule of Law, 6.362 in Political Stability, and 6.644 in Control of Corruption.
Cyprus’s Physical Property Rights Subindex increased by 2.201 to 6.218 with scores of 5.868 in perception of Property Rights Protection, 9.661 in Registering Property, and 3.125 in Ease of Access to Loans.
Cyprus’s Intellectual Property Rights Subindex increased by 0.350 to 6.106 with scores of 5.868 in perception of Intellectual Property Protection, 6.95 in Patent Protection, and 5.5 in Copyright Protection.
Cyprus is a member of the following regional integration agreements