Data / Rankings / Net turnover in real estate activities / EU countries

EU countries by net turnover in real estate activities

Germany had the highest net turnover in real estate activities of 27 EU countries in 2015, at €110.45 billion. Cyprus had the lowest, at €100 million. The median was €4.73 billion and the figure for the European Union (27) was €415.22 billion. Source: Eurostat, European Commission.

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Highest110,450.5Germany
Lowest100Cyprus
Median4,727.927 EU countries
European Union (27)415,217History

Map of EU countries, 2015

Austria: 16,788.9 EUR millionBelgium: 12,552.8 EUR millionBulgaria: 1,218.4 EUR millionCyprus: 100 EUR millionCzechia: 6,712.6 EUR millionGermany: 110,450.5 EUR millionDenmark: 15,327.5 EUR millionEstonia: 1,462.2 EUR millionSpain: 24,383.9 EUR millionFinland: 8,140.8 EUR millionFrance: 79,374.1 EUR millionGreece: 1,338 EUR millionCroatia: 819.5 EUR millionHungary: 4,727.9 EUR millionIreland: 3,630.4 EUR millionItaly: 36,756 EUR millionLithuania: 1,368.3 EUR millionLuxembourg: 1,320.5 EUR millionLatvia: 1,423.8 EUR millionMalta: 435.3 EUR millionNetherlands: 25,636.4 EUR millionPoland: 16,313.8 EUR millionPortugal: 4,795.5 EUR millionRomania: 2,546.6 EUR millionSweden: 34,797.5 EUR millionSlovenia: 589.5 EUR millionSlovakia: 2,188.7 EUR million
  • Under 1,000
  • 1,000 to 2,000
  • 2,000 to 8,000
  • 8,000 to 23K
  • 23K and over
EUR million, 2015. Source: Eurostat, Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2). Boundaries: Natural Earth (public domain).

All EU countries, 2015

Germany: 110,450.5 EUR millionGermany110,450.5France: 79,374.1 EUR millionFrance79,374.1Italy: 36,756 EUR millionItaly36,756Sweden: 34,797.5 EUR millionSweden34,797.5Netherlands: 25,636.4 EUR millionNetherlands25,636.4Spain: 24,383.9 EUR millionSpain24,383.9Austria: 16,788.9 EUR millionAustria16,788.9Poland: 16,313.8 EUR millionPoland16,313.8Denmark: 15,327.5 EUR millionDenmark15,327.5Belgium: 12,552.8 EUR millionBelgium12,552.8Finland: 8,140.8 EUR millionFinland8,140.8Czechia: 6,712.6 EUR millionCzechia6,712.6Portugal: 4,795.5 EUR millionPortugal4,795.5Hungary: 4,727.9 EUR millionHungary4,727.9Ireland: 3,630.4 EUR millionIreland3,630.4Romania: 2,546.6 EUR millionRomania2,546.6Slovakia: 2,188.7 EUR millionSlovakia2,188.7Estonia: 1,462.2 EUR millionEstonia1,462.2Latvia: 1,423.8 EUR millionLatvia1,423.8Lithuania: 1,368.3 EUR millionLithuania1,368.3Greece: 1,338 EUR millionGreece1,338Luxembourg: 1,320.5 EUR millionLuxembourg1,320.5Bulgaria: 1,218.4 EUR millionBulgaria1,218.4Croatia: 819.5 EUR millionCroatia819.5Slovenia: 589.5 EUR millionSlovenia589.5Malta: 435.3 EUR millionMalta435.3Cyprus: 100 EUR millionCyprus100Germany: 110,450.5 EUR millionGermany110,450.5France: 79,374.1 EUR millionFrance79,374.1Italy: 36,756 EUR millionItaly36,756Sweden: 34,797.5 EUR millionSweden34,797.5Netherlands: 25,636.4 EUR millionNetherlands25,636.4Spain: 24,383.9 EUR millionSpain24,383.9Austria: 16,788.9 EUR millionAustria16,788.9Poland: 16,313.8 EUR millionPoland16,313.8Denmark: 15,327.5 EUR millionDenmark15,327.5Belgium: 12,552.8 EUR millionBelgium12,552.8Finland: 8,140.8 EUR millionFinland8,140.8Czechia: 6,712.6 EUR millionCzechia6,712.6Portugal: 4,795.5 EUR millionPortugal4,795.5Hungary: 4,727.9 EUR millionHungary4,727.9Ireland: 3,630.4 EUR millionIreland3,630.4Romania: 2,546.6 EUR millionRomania2,546.6Slovakia: 2,188.7 EUR millionSlovakia2,188.7Estonia: 1,462.2 EUR millionEstonia1,462.2Latvia: 1,423.8 EUR millionLatvia1,423.8Lithuania: 1,368.3 EUR millionLithuania1,368.3Greece: 1,338 EUR millionGreece1,338Luxembourg: 1,320.5 EUR millionLuxembourg1,320.5Bulgaria: 1,218.4 EUR millionBulgaria1,218.4Croatia: 819.5 EUR millionCroatia819.5Slovenia: 589.5 EUR millionSlovenia589.5Malta: 435.3 EUR millionMalta435.3Cyprus: 100 EUR millionCyprus100
EUR million. Source: Eurostat, Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2). Retrieved 2026-10-12.

Full ranking

RankEU countries2015
EUR million		Change on 2014
1Germany110,450.5-11.8%
2France Series break79,374.1+6.4%
3Italy36,756+1.1%
4Sweden34,797.5+1.6%
5Netherlands25,636.4+5.4%
6Spain24,383.9+12.2%
7Austria16,788.9+7.9%
8Poland16,313.8+14.2%
9Denmark15,327.5+1.7%
10Belgium12,552.8+8.9%
11Finland8,140.8+1.7%
12Czechia6,712.6+0.4%
13Portugal4,795.5+19.7%
14Hungary4,727.9+4.2%
15Ireland3,630.4+27.3%
16Romania2,546.6+7%
17Slovakia2,188.7+8.4%
18Estonia1,462.2+22.2%
19Latvia1,423.8-7.6%
20Lithuania1,368.3+7.3%
21Greece1,338-0.5%
22Luxembourg1,320.5-2.3%
23Bulgaria1,218.4+3.6%
24Croatia819.5+6.1%
25Slovenia589.5-1.9%
26Malta435.3+55%
27Cyprus100+15.6%

Other periods

About this ranking

Net turnover of enterprises in real estate activities (NACE Rev.

More on how it is measured
  • 2 section L): 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 (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2). https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/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. (2024). Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2) (EU countries by net turnover in real estate activities, 2015) [Data set]. Retrieved October 12, 2026, from https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table

MLA 9

Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2), EU countries by net turnover in real estate activities, 2015. Eurostat, European Commission, 1 Mar. 2024, https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table. Invokely, https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2015. Accessed 12 Oct. 2026.

Chicago (author-date)

Eurostat, European Commission. 2024. Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2). EU countries by net turnover in real estate activities, 2015. Dataset. Accessed October 12, 2026. https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table. Also distributed by Invokely, https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2015.

Harvard

Eurostat, European Commission (2024) Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2), EU countries by net turnover in real estate activities, 2015 [Dataset]. Available at: https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table, via Invokely: https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2015 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_net_2015,
  author = {{Eurostat, European Commission}},
  title = {{Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs\_na\_sca\_r2): EU countries by net turnover in real estate activities, 2015}},
  year = {2024},
  howpublished = {Data set},
  url = {https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2015. Publisher attribution: Eurostat. Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs\_na\_sca\_r2). https://ec.europa.eu/eurostat/databrowser/view/sbs\_na\_sca\_r2/default/table. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - Eurostat, European Commission
TI  - Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2): EU countries by net turnover in real estate activities, 2015
PY  - 2024
DA  - 2024/03/01
PB  - Eurostat, European Commission
DB  - Invokely
UR  - https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table
L2  - https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2015
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2015.
N1  - Publisher attribution: Eurostat. Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2). https://ec.europa.eu/eurostat/databrowser/view/sbs_na_sca_r2/default/table. Retrieved 2026-10-12.
ER  -
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Questions

Which EU country has the highest net turnover in real estate activities?

Germany, with €110.45 billion in 2015, according to Eurostat, European Commission.

Which EU country has the lowest net turnover in real estate activities?

Cyprus, with €100 million in 2015.

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 (2005 to 2020), Real estate activities (NACE Rev. 2 section L), turnover or gross premiums written, EUR million (sbs_na_sca_r2). Retrieved 2026-10-12.

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