According to the results of the Industry Survey 2020, employment in the broader industrial sector decreased in 2020 by 1.5% to 39.1 thousand, compared to 39.7 thousand in 2019. Manufacturing employed 34.5 thousand, mining and quarrying 0.5 thousand, electricity supply 2.2 thousand and water supply, sewage treatment and waste management 1.9 thousand.
In the industrial sector as a whole, output value at current prices decreased by 5.2% to €4,719.2 million in 2020, compared to €4,976.8 million in 2019. In manufacturing, output value decreased by 2.2% to €3,586.1 million, in mining and quarrying by 3.4% to €66.0 million, in electricity supply by 17.4% to €740.4 million and in water supply, sewage treatment and waste management by 5.3% to €326.7 million.
Value added at current prices decreased by 4.3% in total industry to €1,751.1 million in 2020 from €1,830.2 million in 2019. In manufacturing, value added decreased by 1.9% to €1,318.7 million, in mining and quarrying by 5.0% to €26.0 million and in electricity supply by 19.0% to €245.0 million. In contrast, in water supply, sewage treatment and waste management, value added increased by 3.2% to €161.3 million.
| Table |
[TR] [TD]
Economic Activity
[/TD] [TD]Employment (000's)
[/TD] [TD]Production value (€m.)
[/TD] [/TD] [TD]
Value added (€m.)
[/TD] [TD][/TD] [/TR] [TR] [TD] [/TD] [TD]
2019
[/TD] [TD] [TD]2019
[/TD] [TD]2020
[/TD] [TD]%*
[/TD] [TD]2019
[/TD] [TD]2020
[/TD] [/TD] [TD]
%*
[/TD] [TD]2019
[/TD] [TD]2020
[/TD] [TD]%*
[/TD] [TD][/TD] [/TR] [TR] [TD]
Mining and Quarrying
[/TD] [TD]0,5
[/TD] [TD]0.5
[/TD] [TD]2.6
[/TD] [TD]68.4
[/TD] [TD]66.0
[/TD] [TD]-3.4
[/TD] [TD]27.4
[/TD] [TD]26,0
[/TD] [TD]-5.0
[/TD] [TD][/TD] [/TR] [TR] [TD]
Manufacturing
[/TD] [TD]35.1
[/TD] [TD]34.5
[/TD] [TD]-1.8
[/TD] [TD]3.667.3
[/TD] [TD]3,586.1
[/TD] [TD]-2.2
[/TD] [TD]1,343.9
[/TD] [TD]1.318.7
[/TD] [TD]-1.9
[/TD] [TD][/TD] [/TR] [TR] [TD]
Power Supply
[/TD] [TD]2.2
[/TD] [TD]2.2
[/TD] [TD]0.5
[/TD] [TD]896,3
[/TD] [TD]740.4
[/TD] [TD]-17.4
[/TD] [TD]302.5
[/TD] [TD]245.0
[/TD] [TD]-19,0
[/TD] [TD][/TD] [/TR] [TR] [TD]
Water Supply, Wastewater Treatment, Waste Management and Sanitation Activities
[/TD] [/TD] [TD]1,9
[/TD] [TD]1,9
[/TD] [TD]0,2
[/TD] [TD]344,8
[/TD] [TD]326,7
[/TD] [TD]-5,3
[/TD] [TD]156,4
[/TD] [TD]161,3
[/TD] [TD]3,2
[/TD] [TD][/TD] [/TR] [TR] [TD]
Total Industry
[/TD] [TD]
39,7
[/TD] [TD]
39,1
[/TD] [TD]
-1.5
[/TD] [TD]4.976,8
[/TD] [TD]4.719.2
[/TD] [TD]-5.2
[/TD] [TD]1.830,2
[/TD] [TD]1.751.1
[/TD] [TD]-4.3
[/TD] [TD][/TD] [/TR]
* Annual percentage change in 2020 compared to 2019.
Methodological Information
Definitions
Employment - The average of the total number of employees during the year, in full-time equivalents.
Production Value - The value of goods produced, services rendered to others, the gross profit of goods resold as originally purchased, other income and any changes in the value of inventories of work in progress at the end of the year.
Value added - Derived after subtracting from the value of output the total expenditure on raw materials, other production costs, administrative costs and rent paid for buildings and machinery.
Coverage and data collection
The Industry Survey covers a sample of 1.470 enterprises whose main activity falls within Sections B, C, D and E of the European Union's NACE Rev. 2 economic activity classification system.
Data collection by the Statistical Office is carried out through personal interviews with enterprises and the use of a special questionnaire.
For more information:
Statistical Service Portal, Industry, Predefined Tables (Excel)
Contact:
Charalambos Alkiviados: Tel: 22602189, Tel. calkiviadous@cystat.mof.gov.cy
Evangelia Menelaus: Tel: 22602165, El. Postal: emenelaou@cystat.mof.gov.cy
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