Cyprus annual construction turnover 2020

The turnover of the construction industry in Cyprus decreased to 4 billion euros since the previous year. This means a decline by 297.4 million euros in 2020. Nevertheless, the last two years in the industry recorded significant higher turnover than the preceding years. This decrease was preceded by an increasing turnover in this industry.

For the purpose of Eurstat Dataset NACE Rev.2 Section K turnover comprises the totals invoiced by the observation unit during the reference period, which corresponds to market sales of goods or services supplied to third parties.
Find more statistics on the construction industry in Cyprus with key insights such as personnel costs, production value, or number of enterprises.

Annual turnover of the construction industry in Cyprus from 2009 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020p	4,031.3
2019	4,328.7
2018	3,571.4
2017	2,972
2016	2,341.7
2015	1,892.1
2014	1,789.4
2013	1,908.9
2012	2,568
2011	3,154.6
2010	3,624.2
2009	3,625.6

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Release date

February 2022

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Region

Cyprus

Survey time period

2009 to 2020

Supplementary notes

p: Provisional value.
Structural business statistics (SBS) describes the structure, conduct and performance of economic activities, down to the most detailed activity level (several hundred economic sectors).
The source adds the following information: Turnover is the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.
Data coverage corresponds to code F of NACE Rev. 2.

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