Data / Rankings / Net turnover in manufacturing / EU countries

EU countries by net turnover in manufacturing

Germany had the highest net turnover in manufacturing of 27 EU countries in 2023, at €2.89 trillion. Malta had the lowest, at €3.99 billion. The median was €160.66 billion and the figure for the European Union (27) was €9.85 trillion. Source: Eurostat, European Commission.

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Highest2,892,454.8Germany
Lowest3,987.2Malta
Median160,655.927 EU countries
European Union (27)9,850,313.6History

Map of EU countries, 2023

Austria: 272,441.3 EUR millionBelgium: 362,980.6 EUR millionBulgaria: 52,154.5 EUR millionCyprus: 5,312.1 EUR millionCzechia: 253,561.9 EUR millionGermany: 2,892,454.8 EUR millionDenmark: 162,703.3 EUR millionEstonia: 17,662.3 EUR millionSpain: 695,856.8 EUR millionFinland: 161,329.7 EUR millionFrance: 1,246,723 EUR millionGreece: 90,329.8 EUR millionCroatia: 31,197.9 EUR millionHungary: 160,655.9 EUR millionIreland: 431,255 EUR millionItaly: 1,248,591.7 EUR millionLithuania: 34,040.3 EUR millionLuxembourg: 16,695 EUR millionLatvia: 13,544.3 EUR millionMalta: 3,987.2 EUR millionNetherlands: 484,428.5 EUR millionPoland: 518,953.1 EUR millionPortugal: 124,142 EUR millionRomania: 132,939.2 EUR millionSweden: 287,587.3 EUR millionSlovenia: 41,502.8 EUR millionSlovakia: 107,283.6 EUR million
  • Under 30K
  • 30K to 110K
  • 110K to 220K
  • 220K to 470K
  • 470K and over
EUR million, 2023. Source: Eurostat, Structural business statistics, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act). Boundaries: Natural Earth (public domain).

All EU countries, 2023

Germany: 2,892,454.8 EUR millionGermany2,892,454.8Italy: 1,248,591.7 EUR millionItaly1,248,591.7France: 1,246,723 EUR millionFrance1,246,723Spain: 695,856.8 EUR millionSpain695,856.8Poland: 518,953.1 EUR millionPoland518,953.1Netherlands: 484,428.5 EUR millionNetherlands484,428.5Ireland: 431,255 EUR millionIreland431,255Belgium: 362,980.6 EUR millionBelgium362,980.6Sweden: 287,587.3 EUR millionSweden287,587.3Austria: 272,441.3 EUR millionAustria272,441.3Czechia: 253,561.9 EUR millionCzechia253,561.9Denmark: 162,703.3 EUR millionDenmark162,703.3Finland: 161,329.7 EUR millionFinland161,329.7Hungary: 160,655.9 EUR millionHungary160,655.9Romania: 132,939.2 EUR millionRomania132,939.2Portugal: 124,142 EUR millionPortugal124,142Slovakia: 107,283.6 EUR millionSlovakia107,283.6Greece: 90,329.8 EUR millionGreece90,329.8Bulgaria: 52,154.5 EUR millionBulgaria52,154.5Slovenia: 41,502.8 EUR millionSlovenia41,502.8Lithuania: 34,040.3 EUR millionLithuania34,040.3Croatia: 31,197.9 EUR millionCroatia31,197.9Estonia: 17,662.3 EUR millionEstonia17,662.3Luxembourg: 16,695 EUR millionLuxembourg16,695Latvia: 13,544.3 EUR millionLatvia13,544.3Cyprus: 5,312.1 EUR millionCyprus5,312.1Malta: 3,987.2 EUR millionMalta3,987.2Germany: 2,892,454.8 EUR millionGermany2,892,454.8Italy: 1,248,591.7 EUR millionItaly1,248,591.7France: 1,246,723 EUR millionFrance1,246,723Spain: 695,856.8 EUR millionSpain695,856.8Poland: 518,953.1 EUR millionPoland518,953.1Netherlands: 484,428.5 EUR millionNetherlands484,428.5Ireland: 431,255 EUR millionIreland431,255Belgium: 362,980.6 EUR millionBelgium362,980.6Sweden: 287,587.3 EUR millionSweden287,587.3Austria: 272,441.3 EUR millionAustria272,441.3Czechia: 253,561.9 EUR millionCzechia253,561.9Denmark: 162,703.3 EUR millionDenmark162,703.3Finland: 161,329.7 EUR millionFinland161,329.7Hungary: 160,655.9 EUR millionHungary160,655.9Romania: 132,939.2 EUR millionRomania132,939.2Portugal: 124,142 EUR millionPortugal124,142Slovakia: 107,283.6 EUR millionSlovakia107,283.6Greece: 90,329.8 EUR millionGreece90,329.8Bulgaria: 52,154.5 EUR millionBulgaria52,154.5Slovenia: 41,502.8 EUR millionSlovenia41,502.8Lithuania: 34,040.3 EUR millionLithuania34,040.3Croatia: 31,197.9 EUR millionCroatia31,197.9Estonia: 17,662.3 EUR millionEstonia17,662.3Luxembourg: 16,695 EUR millionLuxembourg16,695Latvia: 13,544.3 EUR millionLatvia13,544.3Cyprus: 5,312.1 EUR millionCyprus5,312.1Malta: 3,987.2 EUR millionMalta3,987.2
EUR million. Source: Eurostat, Structural business statistics, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act). Retrieved 2026-10-12.

Full ranking

RankEU countries2023
EUR million		Change on 2022
1Germany2,892,454.8+1.7%
2Italy1,248,591.7-0.4%
3France1,246,723+4%
4Spain695,856.8-1.7%
5Poland518,953.1+0.6%
6Netherlands484,428.5-3.5%
7Ireland431,255+6.4%
8Belgium362,980.6-2%
9Sweden287,587.3-1.1%
10Austria272,441.3-2.6%
11Czechia253,561.9+5.1%
12Denmark162,703.3+2.5%
13Finland161,329.7-8.7%
14Hungary160,655.9+3.1%
15Romania132,939.2-5.6%
16Portugal124,142-2.5%
17Slovakia107,283.6+4.1%
18Greece90,329.8-3.6%
19Bulgaria52,154.5+4.7%
20Slovenia41,502.8-0.7%
21Lithuania34,040.3-10.3%
22Croatia31,197.9+2.1%
23Estonia17,662.3-7.1%
24Luxembourg16,695-4.5%
25Latvia13,544.3-4.6%
26Cyprus5,312.1+7.7%
27Malta3,987.2+16.1%

Other periods

About this ranking

Net turnover of enterprises in manufacturing (NACE Rev.

More on how it is measured
  • 2 section C): 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. 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).

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, Manufacturing (NACE Rev. 2 section C), 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, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act) (EU countries by net turnover in manufacturing, 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, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act), EU countries by net turnover in manufacturing, 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-manufacturing/eu-countries?period=2023. Accessed 12 Oct. 2026.

Chicago (author-date)

Eurostat, European Commission. 2026. Structural business statistics, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act). EU countries by net turnover in manufacturing, 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-manufacturing/eu-countries?period=2023.

Harvard

Eurostat, European Commission (2026) Structural business statistics, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act), EU countries by net turnover in manufacturing, 2023 [Dataset]. Available at: https://ec.europa.eu/eurostat/databrowser/view/sbs_ovw_act/default/table, via Invokely: https://invokely.ai/rankings/turnover-manufacturing/eu-countries?period=2023 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_net_2023,
  author = {{Eurostat, European Commission}},
  title = {{Structural business statistics, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs\_ovw\_act): EU countries by net turnover in manufacturing, 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-manufacturing/eu-countries?period=2023. Publisher attribution: Eurostat. Structural business statistics, Manufacturing (NACE Rev. 2 section C), 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, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act): EU countries by net turnover in manufacturing, 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-manufacturing/eu-countries?period=2023
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/turnover-manufacturing/eu-countries?period=2023.
N1  - Publisher attribution: Eurostat. Structural business statistics, Manufacturing (NACE Rev. 2 section C), 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 manufacturing?

Germany, with €2.89 trillion in 2023, according to Eurostat, European Commission.

Which EU country has the lowest net turnover in manufacturing?

Malta, with €3.99 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, Manufacturing (NACE Rev. 2 section C), net turnover, EUR million (sbs_ovw_act). Retrieved 2026-10-12.

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