The production value of the information sector in Cyprus increased by 32.9 million euros (+22.75 percent) in 2021 in comparison to the previous year. Therefore, the production value in Cyprus reached a peak in 2021 with 177.46 million euros. 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.
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 aggregate INF of CE Rev2.
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Eurostat. (March 22, 2024). Annual production value of the information sector in Cyprus from 2012 to 2021 (in million euros) [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/421732/production-value-information-sector-cyprus/
Eurostat. "Annual production value of the information sector in Cyprus from 2012 to 2021 (in million euros)." Chart. March 22, 2024. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/421732/production-value-information-sector-cyprus/
Eurostat. (2024). Annual production value of the information sector in Cyprus from 2012 to 2021 (in million euros). Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/421732/production-value-information-sector-cyprus/
Eurostat. "Annual Production Value of The Information Sector in Cyprus from 2012 to 2021 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/421732/production-value-information-sector-cyprus/
Eurostat, Annual production value of the information sector in Cyprus from 2012 to 2021 (in million euros) Statista, https://www.statista.com/statistics/421732/production-value-information-sector-cyprus/ (last visited January 03, 2025)
Annual production value of the information sector in Cyprus from 2012 to 2021 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/421732/production-value-information-sector-cyprus/