Index Commentary

Cyprus increases by two places in the Index. Energy security is overall very weak (rank 91) due to a weak ratio of production to total energy supply, low diversity of electricity production and a low wholesale margin on gasoline. A decrease of the latter caused the small drop in energy security during the last year. Environmental performance struggles with high emissions per capita and from electricity and heat generation as well as a poor quality of air and water. Performance in social equity and the contextual dimensions remains mostly constant. Political strength increases with improvements across all indicators. A better credit availability supports economic strength overall, however costs of living as proportion of total household consumption expenditure are fairly high and macroeconomic stability is low.