The Economics Research Centre and the Cyprus Employers and Industrialists Federation act as Partner Institutes of the ©IMD World Competitiveness Center for the 2023 edition of the IMD World Competitiveness Yearbook by contributing to the collection of the necessary data for Cyprus.

In the 2023 IMD World Competitiveness Ranking, Cyprus ranks 45th in terms of competitiveness, moving down five places compared to 2022The decline in the ranking is due to a deterioration in the position of Cyprus in the four aspects under evaluation, namely economic performance, government efficiency, business efficiency and infrastructure.
2023 Announcement (in Greek).