Production value of the telecommunications sector in Cyprus 2012-2021
In 2021, the production value of the telecommunications industry in Cyprus increased by 93.7 million euros (+13.24 percent) since 2020. With 801.42 million euros, the production value thereby reached its highest value in the observed period.
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 capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the telecommunications industry in Cyprus with key insights such as turnover, personnel costs, and number of employees.
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 capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Find more statistics on the telecommunications industry in Cyprus with key insights such as turnover, personnel costs, and number of employees.
