Data / Rankings / Net turnover in industry, construction and market services / EU countries

EU countries by net turnover in industry, construction and market services

Germany had the highest net turnover in industry, construction and market services of 27 EU countries in 2023, at €10.07 trillion. Malta had the lowest, at €55.29 billion. The median was €537.01 billion and the figure for the European Union (27) was €38.5 trillion. Source: Eurostat, European Commission.

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Highest10,072,896.9Germany
Lowest55,286.4Malta
Median537,007.327 EU countries
European Union (27)38,499,147.2History

Map of EU countries, 2023

Austria: 1,034,175.7 EUR millionBelgium: 1,589,489.5 EUR millionBulgaria: 256,093.6 EUR millionCyprus: 72,286.8 EUR millionCzechia: 818,984.3 EUR millionGermany: 10,072,896.9 EUR millionDenmark: 784,722.3 EUR millionEstonia: 97,172.1 EUR millionSpain: 3,018,983.9 EUR millionFinland: 537,007.3 EUR millionFrance: 5,609,651.4 EUR millionGreece: 411,019.1 EUR millionCroatia: 156,556.1 EUR millionHungary: 481,264.6 EUR millionIreland: 1,418,808 EUR millionItaly: 4,274,532.5 EUR millionLithuania: 163,155.3 EUR millionLuxembourg: 327,011.3 EUR millionLatvia: 83,173.2 EUR millionMalta: 55,286.4 EUR millionNetherlands: 2,631,015.5 EUR millionPoland: 1,881,030.5 EUR millionPortugal: 566,371.6 EUR millionRomania: 528,989.7 EUR millionSweden: 1,164,610.9 EUR millionSlovenia: 157,409.3 EUR millionSlovakia: 307,449.3 EUR million
  • Under 200K
  • 200K to 400K
  • 400K to 800K
  • 800K to 1.8M
  • 1.8M and over
EUR million, 2023. Source: Eurostat, Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act). Boundaries: Natural Earth (public domain).

All EU countries, 2023

Germany: 10,072,896.9 EUR millionGermany10,072,896.9France: 5,609,651.4 EUR millionFrance5,609,651.4Italy: 4,274,532.5 EUR millionItaly4,274,532.5Spain: 3,018,983.9 EUR millionSpain3,018,983.9Netherlands: 2,631,015.5 EUR millionNetherlands2,631,015.5Poland: 1,881,030.5 EUR millionPoland1,881,030.5Belgium: 1,589,489.5 EUR millionBelgium1,589,489.5Ireland: 1,418,808 EUR millionIreland1,418,808Sweden: 1,164,610.9 EUR millionSweden1,164,610.9Austria: 1,034,175.7 EUR millionAustria1,034,175.7Czechia: 818,984.3 EUR millionCzechia818,984.3Denmark: 784,722.3 EUR millionDenmark784,722.3Portugal: 566,371.6 EUR millionPortugal566,371.6Finland: 537,007.3 EUR millionFinland537,007.3Romania: 528,989.7 EUR millionRomania528,989.7Hungary: 481,264.6 EUR millionHungary481,264.6Greece: 411,019.1 EUR millionGreece411,019.1Luxembourg: 327,011.3 EUR millionLuxembourg327,011.3Slovakia: 307,449.3 EUR millionSlovakia307,449.3Bulgaria: 256,093.6 EUR millionBulgaria256,093.6Lithuania: 163,155.3 EUR millionLithuania163,155.3Slovenia: 157,409.3 EUR millionSlovenia157,409.3Croatia: 156,556.1 EUR millionCroatia156,556.1Estonia: 97,172.1 EUR millionEstonia97,172.1Latvia: 83,173.2 EUR millionLatvia83,173.2Cyprus: 72,286.8 EUR millionCyprus72,286.8Malta: 55,286.4 EUR millionMalta55,286.4Germany: 10,072,896.9 EUR millionGermany10,072,896.9France: 5,609,651.4 EUR millionFrance5,609,651.4Italy: 4,274,532.5 EUR millionItaly4,274,532.5Spain: 3,018,983.9 EUR millionSpain3,018,983.9Netherlands: 2,631,015.5 EUR millionNetherlands2,631,015.5Poland: 1,881,030.5 EUR millionPoland1,881,030.5Belgium: 1,589,489.5 EUR millionBelgium1,589,489.5Ireland: 1,418,808 EUR millionIreland1,418,808Sweden: 1,164,610.9 EUR millionSweden1,164,610.9Austria: 1,034,175.7 EUR millionAustria1,034,175.7Czechia: 818,984.3 EUR millionCzechia818,984.3Denmark: 784,722.3 EUR millionDenmark784,722.3Portugal: 566,371.6 EUR millionPortugal566,371.6Finland: 537,007.3 EUR millionFinland537,007.3Romania: 528,989.7 EUR millionRomania528,989.7Hungary: 481,264.6 EUR millionHungary481,264.6Greece: 411,019.1 EUR millionGreece411,019.1Luxembourg: 327,011.3 EUR millionLuxembourg327,011.3Slovakia: 307,449.3 EUR millionSlovakia307,449.3Bulgaria: 256,093.6 EUR millionBulgaria256,093.6Lithuania: 163,155.3 EUR millionLithuania163,155.3Slovenia: 157,409.3 EUR millionSlovenia157,409.3Croatia: 156,556.1 EUR millionCroatia156,556.1Estonia: 97,172.1 EUR millionEstonia97,172.1Latvia: 83,173.2 EUR millionLatvia83,173.2Cyprus: 72,286.8 EUR millionCyprus72,286.8Malta: 55,286.4 EUR millionMalta55,286.4
EUR million. Source: Eurostat, Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act). Retrieved 2026-10-12.

Full ranking

RankEU countries2023
EUR million		Change on 2022
1Germany10,072,896.9-0.5%
2France5,609,651.4+3%
3Italy4,274,532.5-2.1%
4Spain3,018,983.9+3.4%
5Netherlands2,631,015.5+0.5%
6Poland1,881,030.5+7.1%
7Belgium1,589,489.5-4%
8Ireland1,418,808+10.1%
9Sweden1,164,610.9-3.2%
10Austria1,034,175.7-3.2%
11Czechia818,984.3-1.1%
12Denmark784,722.3-10.8%
13Portugal566,371.6+4%
14Finland537,007.3-2.8%
15Romania528,989.7+3.7%
16Hungary481,264.6+1.2%
17Greece411,019.1+1.5%
18Luxembourg327,011.3-0.6%
19Slovakia307,449.3+5.7%
20Bulgaria256,093.6-1.9%
21Lithuania163,155.3+1%
22Slovenia157,409.3+1.3%
23Croatia156,556.1+8.8%
24Estonia97,172.1-1.8%
25Latvia83,173.2-2.9%
26Cyprus72,286.8+9.3%
27Malta55,286.4+13.8%

Other periods

About this ranking

Net turnover of enterprises in industry, construction and market services (NACE Rev.

More on how it is measured
  • 2 sections B to S except O and S94): the amounts invoiced during the year for sales of goods and services to third parties, excluding VAT and other deductible taxes, in millions of euros at current prices.
  • Eurostat structural business statistics.

Eurostat structural business statistics (sbs_ovw_act), from 2021. Covers NACE Rev. 2 sections B to S except public administration (O) and membership organisations (S94), so it includes financial and insurance activities, education, health and arts as well as the 12 sections with their own series; it is not their sum. There is no earlier comparable total: the 2005 to 2020 table excluded financial and insurance activities, education, health, arts and most other services in section S. Amounts are published in euros for every country. Not the same as active_companies (INE business register, Spain) or employer_firms (US Census Bureau).

Every value in the ranking comes from the same publisher and the same period, so the EU countries are compared on one definition. Equal values share a rank.

How to cite

Eurostat. Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, 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, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act) (EU countries by net turnover in industry, construction and market services, 2023) [Data set]. Retrieved October 12, 2026, from https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table

MLA 9

Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act), EU countries by net turnover in industry, construction and market services, 2023. Eurostat, European Commission, 30 Sept. 2026, https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Invokely, https://invokely.ai/rankings/turnover-business-economy/eu-countries?period=2023. Accessed 12 Oct. 2026.

Chicago (author-date)

Eurostat, European Commission. 2026. Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act). EU countries by net turnover in industry, construction and market services, 2023. Dataset. Accessed October 12, 2026. https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table. Also distributed by Invokely, https://invokely.ai/rankings/turnover-business-economy/eu-countries?period=2023.

Harvard

Eurostat, European Commission (2026) Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act), EU countries by net turnover in industry, construction and market services, 2023 [Dataset]. Available at: https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table, via Invokely: https://invokely.ai/rankings/turnover-business-economy/eu-countries?period=2023 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_net_2023,
  author = {{Eurostat, European Commission}},
  title = {{Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs\_ovw\_act): EU countries by net turnover in industry, construction and market services, 2023}},
  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/rankings/turnover-business-economy/eu-countries?period=2023. Publisher attribution: Eurostat. Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, 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, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act): EU countries by net turnover in industry, construction and market services, 2023
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/rankings/turnover-business-economy/eu-countries?period=2023
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/turnover-business-economy/eu-countries?period=2023.
N1  - Publisher attribution: Eurostat. Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, 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

Which EU country has the highest net turnover in industry, construction and market services?

Germany, with €10.07 trillion in 2023, according to Eurostat, European Commission.

Which EU country has the lowest net turnover in industry, construction and market services?

Malta, with €55.29 billion in 2023.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: Eurostat, European Commission, Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), net turnover, EUR million (sbs_ovw_act). Retrieved 2026-10-12.

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