Data / Value added in accommodation and food services / Cyprus

Value added in accommodation and food services in Cyprus

Value added in accommodation and food services in Cyprus was €1.96 billion in 2024, according to Eurostat, European Commission. That is up 13.4% from 2023. That is the 20th highest of 27 EU countries in 2024.

2024, EUR million1,955.9
Change on 2023+13.4%
Rank20th of 27EU countries ranked
Series high1,955.92024
Series low385.32020

Next release: Thursday, 30 September 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Value added in accommodation and food services in Cyprus, 2005 to 2024

05001,0001,5002,00020052008201120142017202020242005: 809 EUR million2006: 876.8 EUR million2007: 956.5 EUR million2008: 964.9 EUR million2009: 901.8 EUR million2010: 920.4 EUR million2011: 991.9 EUR million2012: 1,029.5 EUR million2013: 960.7 EUR million2014: 977.4 EUR million2015: 1,006.7 EUR million2016: 1,128.5 EUR million2017: 1,199.1 EUR million2018: 1,268.6 EUR million2019: 1,305.4 EUR million2020: 385.3 EUR million2021: 934.3 EUR million2022: 1,384.2 EUR million2023: 1,724.4 EUR million2024: 1,955.9 EUR million05001,0001,5002,0002005201220242005: 809 EUR million2006: 876.8 EUR million2007: 956.5 EUR million2008: 964.9 EUR million2009: 901.8 EUR million2010: 920.4 EUR million2011: 991.9 EUR million2012: 1,029.5 EUR million2013: 960.7 EUR million2014: 977.4 EUR million2015: 1,006.7 EUR million2016: 1,128.5 EUR million2017: 1,199.1 EUR million2018: 1,268.6 EUR million2019: 1,305.4 EUR million2020: 385.3 EUR million2021: 934.3 EUR million2022: 1,384.2 EUR million2023: 1,724.4 EUR million2024: 1,955.9 EUR million
EUR million. Source: Eurostat, Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act). Retrieved 2026-10-12, published 2026-09-30.
All 20 values
PeriodEUR million
20241,955.9
20231,724.4
20221,384.2
2021934.3 Series break
2020385.3
20191,305.4
20181,268.6
20171,199.1
20161,128.5
20151,006.7
2014977.4
2013960.7
20121,029.5
2011991.9
2010920.4
2009901.8
2008964.9
2007956.5
2006876.8
2005809

Compared with European Union (27)

Place2024
Cyprus1,955.9
European Union (27)344,727.8

Cyprus compared with nearby places

Austria: 14,483.5 EUR millionBelgium: 8,576.2 EUR millionBulgaria: 2,190.6 EUR millionCyprus: 1,955.9 EUR millionCzechia: 3,402.1 EUR millionGermany: 64,990.1 EUR millionDenmark: 4,569.2 EUR millionEstonia: 545.4 EUR millionSpain: 54,516.9 EUR millionFinland: 3,044.8 EUR millionFrance: 56,614.9 EUR millionGreece: 10,095.4 EUR millionCroatia: 3,722 EUR millionHungary: 3,176.8 EUR millionIreland: 7,660.6 EUR millionItaly: 49,588.5 EUR millionLithuania: 924.3 EUR millionLuxembourg: 1,195.1 EUR millionLatvia: 574.5 EUR millionMalta: 906.8 EUR millionNetherlands: 17,772.8 EUR millionPoland: 8,599.4 EUR millionPortugal: 11,122.9 EUR millionRomania: 3,342.2 EUR millionSweden: 8,642.8 EUR millionSlovenia: 1,385.9 EUR millionSlovakia: 1,128.4 EUR million
  • Under 1,200
  • 1,200 to 3,200
  • 3,200 to 8,200
  • 8,200 to 14K
  • 14K and over
Value added in accommodation and food services, 2024, EUR million. Cyprus is outlined. Same source and period for every area shown. Source: Eurostat, European Commission. Boundaries: Natural Earth (public domain).

Rankings

Definition

Value added of enterprises in accommodation and food services (NACE Rev.

More on how it is measured
  • 2 section I): income from operating activities after deducting purchases of goods and services, in millions of euros at current prices.
  • Eurostat structural business statistics; at basic prices from 2021 and at factor cost for 2005 to 2020.

Eurostat structural business statistics. From 2021 the series come from sbs_ovw_act under Regulation (EU) 2019/2152 on European business statistics; 2005 to 2020 come from the earlier table sbs_na_sca_r2. Values for 2021 are flagged as a break: value added moved from factor cost to basic prices and some activities changed coverage, so the change from 2020 to 2021 is not all real. Amounts are published in euros for every country, including those outside the euro area. Not the same as active_companies (INE business register, Spain) or employer_firms (US Census Bureau).

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How to cite

Eurostat. Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act). https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Eurostat, European Commission. (2026). Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act) (Value added in accommodation and food services, Cyprus, 2005 to 2024) [Data set]. Retrieved October 12, 2026, from https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table

MLA 9

Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act), Value added in accommodation and food services, Cyprus, 2005 to 2024. Eurostat, European Commission, 30 Sept. 2026, https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Invokely, https://invokely.ai/en/value-added-accommodation-food/cyprus. Accessed 12 Oct. 2026.

Chicago (author-date)

Eurostat, European Commission. 2026. Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act). Value added in accommodation and food services, Cyprus, 2005 to 2024. Dataset. Accessed October 12, 2026. https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Also distributed by Invokely, https://invokely.ai/en/value-added-accommodation-food/cyprus.

Harvard

Eurostat, European Commission (2026) Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act), Value added in accommodation and food services, Cyprus, 2005 to 2024 [Dataset]. Available at: https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table, via Invokely: https://invokely.ai/en/value-added-accommodation-food/cyprus (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_value_added_in_accommodation_2024,
  author = {{Eurostat, European Commission}},
  title = {{Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs\_ovw\_act): Value added in accommodation and food services, Cyprus, 2005 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/value-added-accommodation-food/cyprus. Publisher attribution: Eurostat. Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs\_ovw\_act). https://ec.europa.eu/eurostat/databrowser/view/sbs\_ovw\_act/default/table. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - Eurostat, European Commission
TI  - Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act): Value added in accommodation and food services, Cyprus, 2005 to 2024
PY  - 2026
DA  - 2026/09/30
PB  - Eurostat, European Commission
DB  - Invokely
UR  - https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table
L2  - https://invokely.ai/en/value-added-accommodation-food/cyprus
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/value-added-accommodation-food/cyprus.
N1  - Publisher attribution: Eurostat. Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act). https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Retrieved 2026-10-12.
ER  -
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Questions

What is the value added in accommodation and food services in Cyprus?

Value added in accommodation and food services in Cyprus was €1.96 billion in 2024, according to Eurostat, European Commission. That is up 13.4% from 2023. That is the 20th highest of 27 EU countries in 2024.

Where does this figure come from?

Eurostat, European Commission. Structural business statistics, Accommodation and food services (NACE Rev. 2 section I), value added, EUR million (sbs_ovw_act). Retrieved by Invokely on 2026-10-12.

What was the highest value added in accommodation and food services in Cyprus?

€1.96 billion in 2024, the highest value since 2005 in this series.

Value added in accommodation and food services elsewhere in European Union (27)

Related statistics for Cyprus

All statistics for Cyprus | Cyprus in figures