The production value of the advertising and market research industry in Cyprus increased significantly by 223.7 million euros in 2019 in comparison to the previous year. Therefore, the production value in Cyprus reached a peak in 2019 with 507.3 million euros.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. Find more statistics on the advertising and market research industry in Cyprus with key insights such as personnel costs, or turnover.
Annual production value of the advertising and market research industry in Cyprus from 2010 to 2019
(in million euros)
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value. Data coverage corresponds to code M73 of NACE Rev 2.
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Eurostat. (February 3, 2022). Annual production value of the advertising and market research industry in Cyprus from 2010 to 2019 (in million euros) [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/
Eurostat. "Annual production value of the advertising and market research industry in Cyprus from 2010 to 2019 (in million euros)." Chart. February 3, 2022. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/
Eurostat. (2022). Annual production value of the advertising and market research industry in Cyprus from 2010 to 2019 (in million euros). Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/
Eurostat. "Annual Production Value of The Advertising and Market Research Industry in Cyprus from 2010 to 2019 (in Million Euros)." Statista, Statista Inc., 3 Feb 2022, https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/
Eurostat, Annual production value of the advertising and market research industry in Cyprus from 2010 to 2019 (in million euros) Statista, https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/ (last visited May 25, 2022)