Luxembourg: telecommunications sector production value 2020

In 2020, the production value of the telecommunications industry in Luxembourg decreased by 549.6 million euros (-14.03 percent) since 2019. This marks the lowest production value in this industry during the observed period.
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 telecommunications industry in Luxembourg with key insights such as turnover, personnel costs, and number of employees.

Annual production value of the telecommunications sector in Luxembourg from 2011 to 2020 (in million euros)

Characteristic	Annual production value in million euros
2020	3,366.8
2019	3,916.4
2018	3,829
2017	3,989.6
2016	4,054
2015	4,011
2014	4,258.2
2013	4,129.6
2012	4,038.2
2011	3,895.2

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Release date

March 2023

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Region

Luxembourg

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 Section J61 of NACE Rev 2.

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