Cyprus: information sector production value 2020

In 2020, the production value of the information sector in Cyprus decreased by 15.5 million euros (-9.68 percent) since 2019. Nevertheless, the last two years in this industry recorded a significant higher production value than the preceding years.
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 information sector in Cyprus with key insights such as turnover, personnel costs, and number of employees.

Annual production value of the information sector in Cyprus from 2011 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	144.6
2019	160.1
2018	146.8
2017	142.4
2016	138.1
2015	129.6
2014	128.3
2013	136.7
2012	169.3
2011	206.2

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Release date

March 2023

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Region

Cyprus

Survey time period

2011 to 2020

Supplementary notes

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 aggregate INF of NACE Rev2.

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