In 2021, the production value of the advertising and market research industry in Cyprus increased by 372.3 million euros (+60.81 percent) since 2020. Therefore, the production value in Cyprus reached a peak in 2021 with 984.48 million euros. Notably, the production value in this industry continuously increased over the last 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 advertising and market research industry in Cyprus with key insights such as turnover and personnel costs.
Annual production value of the advertising and market research industry in Cyprus from 2012 to 2021
(in million euros)
Characteristic
Annual production value in million euros
2021
984.48
2020
612.2
2019
507.3
2018
283.6
2017
231.7
2016
228
2015
212.5
2014
184.1
2013
163
2012
160.1
Created with Highcharts 7.2.2Annual production value in million euros160.1160.1163163184.1184.1212.5212.5228228231.7231.7283.6283.6507.3507.3612.2612.2984.48984.482012201320142015201620172018201920202021
02004006008001,0001,200
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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 CE Rev 2.
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Eurostat. (March 22, 2024). Annual production value of the advertising and market research industry in Cyprus from 2012 to 2021 (in million euros) [Graph]. In Statista. Retrieved December 24, 2024, 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 2012 to 2021 (in million euros)." Chart. March 22, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/
Eurostat. (2024). Annual production value of the advertising and market research industry in Cyprus from 2012 to 2021 (in million euros). Statista. Statista Inc.. Accessed: December 24, 2024. 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 2012 to 2021 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, 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 2012 to 2021 (in million euros) Statista, https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/ (last visited December 24, 2024)
Annual production value of the advertising and market research industry in Cyprus from 2012 to 2021 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/410446/production-value-advertising-market-research-cyprus/
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