The index, published by European Centre for Entrepreneurship and Policy Reform and supported by Nordic Capital, measures the share of the working-age population employed in knowledge-intensive companies across 33 countries and 244 regions in Europe.

Between 2014 and 2024, Cyprus has had the strongest growth of the share of adults employed in "brain business jobs"—advanced roles in technology, IT, services, and the creative sector.

The share of adults employed in brain business jobs has increased by fully 115 percent in Cyprus since 2014. No European country has had as strong rate of growth as Cyprus. In Portugal, which ranks on second place, the share of adults employed in highly knowledge intensive jobs has doubled.

Cyprus has particular relative strengths in head office and management, where 11 900 are employed. The country also has recently developed a relatively strong telecommunications sector, with close to 4 400 employees.

Europe has an increasingly integrated economy, where jobs are moving to regions with lower taxes, strong talent pools, and a business-friendly climate. This explains why Cyprus and other countries with competitive policies are growing.

In 2024, 8.2 percent of the working-age adults of Cyprus were employed in brain business jobs, a term for employment in knowledge-intensive firms in tech, information and communications technology, advanced services, and creative professions. This is a significant growth from 6.2 percent two years before. The level has long-term increased from 3.8 percent in 2014, an astonishing rate of growth. Cyprus is amongst the European countries with the highest share of brain business jobs in Europe.

Source: European Centre for Entrepreneurship and Policy Reform