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Cost of Business Start-Up Procedures (As % of GNI Per Capita) in Cyprus

Source: World Bank
Last Updated: July 1, 2023

Cost of business start-up procedures as a percentage of gni per capita reached 5.60% in 2019 in Cyprus, according to the National Statistical Office. This is 52.9% less than in the previous year.

Historically, cost of business start-up procedures as a percentage of GNI per capita in Cyprus reached an all time high of 14.1% in 2008 and an all time low of 5.60% in 2019.

Cyprus has been ranked 97th within the group of 169 countries we follow in terms of cost of business start-up procedures as a percentage of GNI per capita.

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