Statement:
It is easier to do business in Cyprus than in Sri Lanka

In the Ease of Doing Business rating Cyprus holds position #41 2020 out of 181 and Sri Lanka is #79 out of 181 2020.
Position of Cyprus is better than position of Sri Lanka.

Referencies:

  1. Ease of Doing Business 2020 by World Bank
    The countries in the rating sorted by 'Score' in descending order.
    Cyprus 'Score' value is 73.4
    Sri Lanka 'Score' value is 61.8