Cyprus vs Germany development indicators, 2024

Demography and Health

Cyprus has a birth rate of 10.8 per 1,000 people, significantly higher than Germany's 8.3, placing Cyprus 7th globally compared to Germany's 54th. Conversely, the death rate in Cyprus is lower at 7.1 per 1,000 people versus Germany's 12.3, ranking Cyprus 75th and Germany 27th respectively. Cyprus has a life expectancy of 81.6 years, exceeding Germany's 80.5 years. The under-5 mortality rate in Cyprus stands at 3.5 per 1,000 live births, slightly better than Germany's 3.7. However, both countries have a similar prevalence of undernourishment at 2.5%. The healthcare workforce in Cyprus comprises 3.6 physicians per 1,000 people, trailing behind Germany's 4.5. Lastly, with a suicide mortality rate of 3 per 100,000 population, Cyprus is markedly lower than Germany's 12.9.

Economy

Cyprus has a GDP per capita of $38,654, significantly lower than Germany’s $55,800, ranking 45th globally compared to Germany's 22nd. When adjusted for purchasing power parity, Cyprus's GDP per capita is $61,240, again lower than Germany's $72,300. Furthermore, Cyprus's economy is heavily reliant on exports, with exports contributing 96.7% to GDP against Germany's 42.1%. Imports follow a similar trend, composing 93.1% of Cyprus's GDP compared to Germany's 38.2%. Cyprus exhibits lower inflation at 1.8% versus Germany's 2.3%, while the unemployment rate is higher in Cyprus at 5.8%, compared to Germany's low 3.1%.

Trade and Investment

Cyprus's economy is heavily export-driven with 96.7% of GDP coming from exports of goods and services, ranking 16th globally, while Germany relies less on trade at 42.1% (ranked 88th). High-technology exports showcase a stark contrast, with Cyprus generating $107.3 million compared to Germany's robust $255.7 billion, positioning Cyprus at 81st globally against Germany at 1st. Additionally, Cyprus’s research and development expenditure stands at a mere 0.7% of its GDP, significantly lagging behind Germany's 3.1%, which ranks it 7th in the world.

Governance and Institutions

In terms of governance, Cyprus generally ranks lower than Germany across various dimensions. The Control of Corruption score is 0.3 in Cyprus compared to Germany's 1.7, placing Cyprus at 60th and Germany at 19th. Government effectiveness also places Cyprus at 52nd with a score of 0.7, while Germany ranks 29th with 1.2. The regulatory quality in Cyprus shows a score of 0.8 and ranks 52nd, whereas Germany stands substantially higher at 1.5 and 23rd. The rule of law score in Cyprus is 0.6, yielding a rank of 56th compared to Germany’s 1.6 and 21st rank. Political stability and control of violence rate Cyprus at 68th and Germany at 52nd.

Infrastructure and Technology

Germany boasts more advanced infrastructure as illustrated by a logistics performance index score of 4.3, ranking it 1st, while Cyprus scores 2.8 and ranks 27th. This performance likely reflects Germany's more extensive industrial and transportation network compared to Cyprus's smaller scale. In terms of technological innovation, Cyprus shows a shortfall with just 1 patent application per resident compared to Germany's impressive 39,822, highlighting a significant disparity in technological capacity and innovation.

Environment and Sustainability

Both countries show similar levels of renewable energy consumption, with Cyprus at 15.6% of total energy consumption and Germany marginally higher at 17.6%. In terms of greenhouse gas emissions, Cyprus emits 7.7 tons CO2e per capita, slightly lower than Germany's 8.1 tons. Cyprus maintains a level of water stress with 32.1% freshwater withdrawal, ranked 6th, while Germany faces slightly higher stress at 35.4%, ranked 5th. These figures indicate both countries are facing challenges relating to sustainability and resource management, albeit at differing scales.