Cyprus vs Italy
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax, to help you decide where to invest, incorporate, or relocate.
Overall: Italy ranks higher
Italy scores 72/100 on our composite investment index, ahead of Cyprus at 68/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
66
Economic strength
Italy leads
70
70
Political stability
Italy leads
72
72
Business climate
Cyprus leads
68
65
Financial maturity
Italy leads
72
62
Growth outlook
Italy leads
72
Macro snapshot
32
GDP (USD bn)
-2222.8 bn
2,255
2.5%
GDP growth (%)
+1.7 pp
0.8%
$35,520
GDP per capita (USD)
-2640.0
$38,160
2.5%
Inflation (%)
+0.3 pp
2.2%
12.5%
FDI (% of GDP)
+11.0 pp
1.5%
79%
Public debt (% of GDP)
-62.0 pp
141%
0.9
Population (M)
-58.1M
59
Cyprus: strong sectors
- Tourism14.5% of GDP72
- Financial Services11.2% of GDP70
- Shipping8.8% of GDP68
- Real Estate9.2% of GDP65
Italy: strong sectors
- Fashion & Luxury5.2% of GDP82
- Manufacturing16.5% of GDP78
- Tourism13.2% of GDP78
- Agriculture & Food2.2% of GDP72
Frequently asked
Which is better for investment: Cyprus or Italy?
Our composite investment index gives Cyprus a score of 68/100 and Italy a score of 72/100. Italy ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Cyprus a safer market than Italy?
Risk classification puts Cyprus as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Italy as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Cyprus or Italy?
Cyprus is currently growing at 2.5% per year, vs 0.8% for Italy. Cyprus has the faster headline growth rate today.