According to a comprehensive report by WorldWay: As reported by the Cyprus Mail on August 14, the Institute for Public Policy Research (IPPR) in the UK released a report on national self-employment, stating that the number of self-employed individuals in Cyprus increased by 12% year-on-year in the first quarter of this year. By March, self-employed workers accounted for 17% of total employment. Among all countries surveyed, Cyprus ranked second in the growth rate of self-employment, trailing only Slovenia's 17% increase. In terms of the proportion of self-employed individuals within the total workforce, Cyprus ranked sixth, behind countries such as Greece, Italy, Poland, Romania, and North Macedonia.
Among these, the proportion of self-employed individuals in Greece reached 32% of total employment. Relevant research institutions interpret this growth in self-employment as a reflection of high entrepreneurial enthusiasm, while simultaneously signaling a weak job market.
Edited by WorldWay
