Cyprus

Situated in the eastern Mediterranean Sea, this island nation serves as a strategic crossroads between Europe, Africa, and Asia, with its capital and largest city being Nicosia. As the third largest and third most populous island in the Mediterranean, it features a unitary presidential republic system and maintains a high Human Development Index of 0.913. The economy is robust, with a projected nominal GDP of $38.7 billion and a per capita income of $41,132, ranking it 26th globally in terms of economic output per person. Despite the political division of the island, the Republic of Cyprus utilizes the Euro as its currency and is recognized for its low Gini coefficient of 29.4, indicating a relatively equitable distribution of income.