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 2016, at €131.37 billion. Cyprus had the lowest, at €123.9 million. The median was €5.09 billion and the figure for the European Union (27) was €457.59 billion. Source: Eurostat, European Commission.

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Highest131,366.9Germany
Lowest123.9Cyprus
Median5,091.927 EU countries
European Union (27)457,592.7History

Map of EU countries, 2016

Austria: 17,826.9 EUR millionBelgium: 13,545 EUR millionBulgaria: 1,354.6 EUR millionCyprus: 123.9 EUR millionCzechia: 7,231.5 EUR millionGermany: 131,366.9 EUR millionDenmark: 16,286.3 EUR millionEstonia: 1,512.3 EUR millionSpain: 25,688.7 EUR millionFinland: 9,155.6 EUR millionFrance: 86,360.1 EUR millionGreece: 1,297.1 EUR millionCroatia: 1,018 EUR millionHungary: 5,091.9 EUR millionIreland: 3,477.4 EUR millionItaly: 39,146.5 EUR millionLithuania: 1,479.3 EUR millionLuxembourg: 1,501.1 EUR millionLatvia: 1,449 EUR millionMalta: 432.6 EUR millionNetherlands: 27,750 EUR millionPoland: 16,722.9 EUR millionPortugal: 5,423 EUR millionRomania: 2,732 EUR millionSweden: 35,608.9 EUR millionSlovenia: 651.1 EUR millionSlovakia: 3,238.3 EUR million
  • Under 1,000
  • 1,000 to 3,000
  • 3,000 to 8,000
  • 8,000 to 24K
  • 24K and over
EUR million, 2016. 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, 2016

Germany: 131,366.9 EUR millionGermany131,366.9France: 86,360.1 EUR millionFrance86,360.1Italy: 39,146.5 EUR millionItaly39,146.5Sweden: 35,608.9 EUR millionSweden35,608.9Netherlands: 27,750 EUR millionNetherlands27,750Spain: 25,688.7 EUR millionSpain25,688.7Austria: 17,826.9 EUR millionAustria17,826.9Poland: 16,722.9 EUR millionPoland16,722.9Denmark: 16,286.3 EUR millionDenmark16,286.3Belgium: 13,545 EUR millionBelgium13,545Finland: 9,155.6 EUR millionFinland9,155.6Czechia: 7,231.5 EUR millionCzechia7,231.5Portugal: 5,423 EUR millionPortugal5,423Hungary: 5,091.9 EUR millionHungary5,091.9Ireland: 3,477.4 EUR millionIreland3,477.4Slovakia: 3,238.3 EUR millionSlovakia3,238.3Romania: 2,732 EUR millionRomania2,732Estonia: 1,512.3 EUR millionEstonia1,512.3Luxembourg: 1,501.1 EUR millionLuxembourg1,501.1Lithuania: 1,479.3 EUR millionLithuania1,479.3Latvia: 1,449 EUR millionLatvia1,449Bulgaria: 1,354.6 EUR millionBulgaria1,354.6Greece: 1,297.1 EUR millionGreece1,297.1Croatia: 1,018 EUR millionCroatia1,018Slovenia: 651.1 EUR millionSlovenia651.1Malta: 432.6 EUR millionMalta432.6Cyprus: 123.9 EUR millionCyprus123.9Germany: 131,366.9 EUR millionGermany131,366.9France: 86,360.1 EUR millionFrance86,360.1Italy: 39,146.5 EUR millionItaly39,146.5Sweden: 35,608.9 EUR millionSweden35,608.9Netherlands: 27,750 EUR millionNetherlands27,750Spain: 25,688.7 EUR millionSpain25,688.7Austria: 17,826.9 EUR millionAustria17,826.9Poland: 16,722.9 EUR millionPoland16,722.9Denmark: 16,286.3 EUR millionDenmark16,286.3Belgium: 13,545 EUR millionBelgium13,545Finland: 9,155.6 EUR millionFinland9,155.6Czechia: 7,231.5 EUR millionCzechia7,231.5Portugal: 5,423 EUR millionPortugal5,423Hungary: 5,091.9 EUR millionHungary5,091.9Ireland: 3,477.4 EUR millionIreland3,477.4Slovakia: 3,238.3 EUR millionSlovakia3,238.3Romania: 2,732 EUR millionRomania2,732Estonia: 1,512.3 EUR millionEstonia1,512.3Luxembourg: 1,501.1 EUR millionLuxembourg1,501.1Lithuania: 1,479.3 EUR millionLithuania1,479.3Latvia: 1,449 EUR millionLatvia1,449Bulgaria: 1,354.6 EUR millionBulgaria1,354.6Greece: 1,297.1 EUR millionGreece1,297.1Croatia: 1,018 EUR millionCroatia1,018Slovenia: 651.1 EUR millionSlovenia651.1Malta: 432.6 EUR millionMalta432.6Cyprus: 123.9 EUR millionCyprus123.9
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 countries2016
EUR million		Change on 2015
1Germany131,366.9+18.9%
2France86,360.1+8.8%
3Italy39,146.5+6.5%
4Sweden35,608.9+2.3%
5Netherlands27,750+8.2%
6Spain25,688.7+5.4%
7Austria17,826.9+6.2%
8Poland16,722.9+2.5%
9Denmark16,286.3+6.3%
10Belgium13,545+7.9%
11Finland9,155.6+12.5%
12Czechia7,231.5+7.7%
13Portugal5,423+13.1%
14Hungary5,091.9+7.7%
15Ireland3,477.4-4.2%
16Slovakia3,238.3+48%
17Romania2,732+7.3%
18Estonia1,512.3+3.4%
19Luxembourg1,501.1+13.7%
20Lithuania1,479.3+8.1%
21Latvia1,449+1.8%
22Bulgaria1,354.6+11.2%
23Greece1,297.1-3.1%
24Croatia1,018+24.2%
25Slovenia651.1+10.4%
26Malta432.6-0.6%
27Cyprus123.9+23.9%

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, 2016) [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, 2016. 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=2016. 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, 2016. 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=2016.

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, 2016 [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=2016 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_net_2016,
  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, 2016}},
  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=2016. 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, 2016
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=2016
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/turnover-real-estate/eu-countries?period=2016.
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 €131.37 billion in 2016, according to Eurostat, European Commission.

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

Cyprus, with €123.9 million in 2016.

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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