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Cyprus Sets The Benchmark: 74% Of Master’s Students Are Women In 2022

Cyprus is rewriting the rulebook on higher education in the European Union. According to Eurostat data, the island nation recorded the highest percentage of women in master’s programs among EU member states in 2022 while also boasting one of the strongest showings in doctoral studies.

Master’s Programs: A New Standard In Gender Equality

In 2022, Cyprus enrolled 9,359 master’s (or equivalent) students, of whom 6,948 were women—a striking 74.2%. This figure outpaces other EU nations, with Poland (67.3%) and Lithuania (66.1%) trailing behind. Across the EU, women make up 58.6% of master’s students (905,678 out of 1.5 million), a majority in every country except Luxembourg, where gender parity prevails.

Doctoral Studies: Climbing The Ladder

Cyprus isn’t stopping at master’s programs. At the doctoral level, 83 out of 143 students in 2022 were female (58.0%), placing Cyprus second only to Latvia (59.6%) and ahead of Lithuania (57.4%). In comparison, the EU-wide average stands at 48.5% (48,079 out of 99,204).

A Decade Of Progress

Over the past decade, the EU has seen a slight decline of 0.4 percentage points in the share of women in master’s studies—driven by modest decreases in 12 countries, ranging from -0.1 in Slovenia to -3.6% in Hungary. In stark contrast, the share of women in doctoral studies has grown by 1.0 percentage point overall, with Cyprus registering the most impressive surge: an 8.0 percentage point increase from 2013 to 2022.

Implications For The Future

These figures highlight Cyprus as a leader in fostering gender equality in higher education, a crucial factor for driving future innovation and leadership. With such a robust commitment to empowering women at the highest academic levels, Cyprus is not only setting a benchmark for the EU but also paving the way for a more diverse and dynamic knowledge economy.

As the global spotlight increasingly focuses on diversity and inclusion, Cyprus’ standout performance in both master’s and doctoral studies signals a promising shift toward a more balanced and innovative future in higher education.

Cyprus Government Fortifies Economic Resilience Amid Global Uncertainty

Government Commitment to Stability and Growth

Cyprus continues to build a strong and resilient economic foundation to support business planning and investment, as emphasized by Deputy Minister to the President Irene Piki. Representing President Nikos Christodoulides at the 12th Keve Business Leader Awards, Piki underscored that in today’s volatile global landscape, a consistent and reliable economy remains the cornerstone for long‐term strategic planning and confidence-building among businesses.

Strengthening Competitive Edge and Attracting Investment

Piki lauded the role of the Cyprus Chamber of Commerce and Industry (Keve) for its dedication to promoting Cyprus as an attractive investment destination and for supporting the expansion of local businesses. Reflecting on President Christodoulides’s recent address at Keve’s annual general assembly, she outlined the government’s vision for a more competitive Cyprus, which includes expanding market access, improving financing channels, and implementing a streamlined, business-friendly regulatory framework—all pivotal as Cyprus prepares for its EU Council presidency.

Economic Indicators Reflecting Confidence

Despite global uncertainties, Piki highlighted that the Cypriot economy continues to demonstrate resilience: gross domestic product grew by 3.4% in 2024, and forecasts indicate nearly 4% growth in 2025. With inflation remaining among the lowest in the European Union and unemployment dropping below 5%, these indicators affirm steady economic progress. Furthermore, positive ratings from international credit agencies, which have placed Cyprus in the A category with upbeat outlooks, underscore the success of prudent economic policies.

Fiscal Discipline and Strategic Investments

The government’s upcoming 2026 budget, which reinforces fiscal stability with a surplus balance and targets a decline in public debt to 50.9% of GDP, opens the door for strategic policy interventions. Piki noted that investments in energy, digital infrastructure, technology, and green growth are key priorities. Enhanced by the nearing completion of Recovery and Resilience Plan projects, Cyprus is now setting the stage for the next seven-year EU funding framework, ensuring a robust platform for sustained growth with active collaboration from the business community.

Regulatory Reforms and Market Liberalization

Central to the government’s agenda is the imminent tax reform, expected to be finalized on December 22 and implemented on January 1, 2026. This reform is designed to bolster business liquidity and attract new investments. The establishment of the National Enterprise Development Organisation further complements these efforts by offering financing tools and advisory services for small and medium-sized enterprises. Complementing these initiatives, the Cyprus Equity Fund is actively investing in innovative companies, while the Ministry of Energy grant schemes are projected to mobilize €360 million by 2027 to boost competitiveness.

Accelerating Digital Transformation and Energy Reforms

In its pursuit of a modernized business environment, the government is set to introduce a Business Service Centre in central Nicosia in 2025, consolidating licensing procedures to significantly reduce bureaucratic delays. In tandem, the impending launch of a competitive electricity market in October 2025 will empower companies to select their energy suppliers, fostering market competition and fair pricing.

Nurturing Human Capital

Recognizing the importance of talent in driving economic progress, the government is intensifying efforts to attract skilled professionals back to Cyprus. The Minds in Cyprus initiative, a collaboration with Keve and Invest Cyprus, seeks to reverse the talent drain by engaging Cypriots abroad through a series of events scheduled in the United States, United Kingdom, and Greece during 2026.

Commitment to Sustainable Growth

Concluding her address, Deputy Minister Piki congratulated the award recipients for their innovation and resilience, asserting that their achievements are a testament to the dynamism of the Cypriot business community. The government remains steadfast in its commitment to implementing reforms that support a stable, competitive, and sustainable economic future for Cyprus.

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