Data / Rankings / Value added in industry, construction and market services / EU countries

EU countries by value added in industry, construction and market services

Germany had the highest value added in industry, construction and market services of 27 EU countries in 2023, at €2.86 trillion. Malta had the lowest, at €15.07 billion. The median was €143.34 billion and the figure for the European Union (27) was €10.46 trillion. Source: Eurostat, European Commission.

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Highest2,855,867.5Germany
Lowest15,066.9Malta
Median143,344.827 EU countries
European Union (27)10,462,572.2History

Map of EU countries, 2023

Austria: 297,750.7 EUR millionBelgium: 375,040.1 EUR millionBulgaria: 57,377.1 EUR millionCyprus: 20,578.6 EUR millionCzechia: 190,832.1 EUR millionGermany: 2,855,867.5 EUR millionDenmark: 205,246.9 EUR millionEstonia: 22,801.1 EUR millionSpain: 863,775.3 EUR millionFinland: 134,322.9 EUR millionFrance: 1,520,260.4 EUR millionGreece: 102,038 EUR millionCroatia: 46,247.7 EUR millionHungary: 110,823.5 EUR millionIreland: 446,673.8 EUR millionItaly: 1,178,245.4 EUR millionLithuania: 41,926.7 EUR millionLuxembourg: 58,173.6 EUR millionLatvia: 21,864.2 EUR millionMalta: 15,066.9 EUR millionNetherlands: 696,092.2 EUR millionPoland: 437,181.6 EUR millionPortugal: 160,896 EUR millionRomania: 143,344.8 EUR millionSweden: 352,356.8 EUR millionSlovenia: 41,179.7 EUR millionSlovakia: 66,608.5 EUR million
  • Under 40K
  • 40K to 110K
  • 110K to 200K
  • 200K to 440K
  • 440K 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), value added, EUR million (sbs_ovw_act). Boundaries: Natural Earth (public domain).

All EU countries, 2023

Germany: 2,855,867.5 EUR millionGermany2,855,867.5France: 1,520,260.4 EUR millionFrance1,520,260.4Italy: 1,178,245.4 EUR millionItaly1,178,245.4Spain: 863,775.3 EUR millionSpain863,775.3Netherlands: 696,092.2 EUR millionNetherlands696,092.2Ireland: 446,673.8 EUR millionIreland446,673.8Poland: 437,181.6 EUR millionPoland437,181.6Belgium: 375,040.1 EUR millionBelgium375,040.1Sweden: 352,356.8 EUR millionSweden352,356.8Austria: 297,750.7 EUR millionAustria297,750.7Denmark: 205,246.9 EUR millionDenmark205,246.9Czechia: 190,832.1 EUR millionCzechia190,832.1Portugal: 160,896 EUR millionPortugal160,896Romania: 143,344.8 EUR millionRomania143,344.8Finland: 134,322.9 EUR millionFinland134,322.9Hungary: 110,823.5 EUR millionHungary110,823.5Greece: 102,038 EUR millionGreece102,038Slovakia: 66,608.5 EUR millionSlovakia66,608.5Luxembourg: 58,173.6 EUR millionLuxembourg58,173.6Bulgaria: 57,377.1 EUR millionBulgaria57,377.1Croatia: 46,247.7 EUR millionCroatia46,247.7Lithuania: 41,926.7 EUR millionLithuania41,926.7Slovenia: 41,179.7 EUR millionSlovenia41,179.7Estonia: 22,801.1 EUR millionEstonia22,801.1Latvia: 21,864.2 EUR millionLatvia21,864.2Cyprus: 20,578.6 EUR millionCyprus20,578.6Malta: 15,066.9 EUR millionMalta15,066.9Germany: 2,855,867.5 EUR millionGermany2,855,867.5France: 1,520,260.4 EUR millionFrance1,520,260.4Italy: 1,178,245.4 EUR millionItaly1,178,245.4Spain: 863,775.3 EUR millionSpain863,775.3Netherlands: 696,092.2 EUR millionNetherlands696,092.2Ireland: 446,673.8 EUR millionIreland446,673.8Poland: 437,181.6 EUR millionPoland437,181.6Belgium: 375,040.1 EUR millionBelgium375,040.1Sweden: 352,356.8 EUR millionSweden352,356.8Austria: 297,750.7 EUR millionAustria297,750.7Denmark: 205,246.9 EUR millionDenmark205,246.9Czechia: 190,832.1 EUR millionCzechia190,832.1Portugal: 160,896 EUR millionPortugal160,896Romania: 143,344.8 EUR millionRomania143,344.8Finland: 134,322.9 EUR millionFinland134,322.9Hungary: 110,823.5 EUR millionHungary110,823.5Greece: 102,038 EUR millionGreece102,038Slovakia: 66,608.5 EUR millionSlovakia66,608.5Luxembourg: 58,173.6 EUR millionLuxembourg58,173.6Bulgaria: 57,377.1 EUR millionBulgaria57,377.1Croatia: 46,247.7 EUR millionCroatia46,247.7Lithuania: 41,926.7 EUR millionLithuania41,926.7Slovenia: 41,179.7 EUR millionSlovenia41,179.7Estonia: 22,801.1 EUR millionEstonia22,801.1Latvia: 21,864.2 EUR millionLatvia21,864.2Cyprus: 20,578.6 EUR millionCyprus20,578.6Malta: 15,066.9 EUR millionMalta15,066.9
EUR million. Source: Eurostat, Structural business statistics, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), value added, EUR million (sbs_ovw_act). Retrieved 2026-10-12.

Full ranking

RankEU countries2023
EUR million		Change on 2022
1Germany2,855,867.5-0.7%
2France1,520,260.4+4.3%
3Italy1,178,245.4+7.9%
4Spain863,775.3+11.5%
5Netherlands696,092.2+1.3%
6Ireland446,673.8+5.3%
7Poland437,181.6+14.6%
8Belgium375,040.1-3.1%
9Sweden352,356.8-6%
10Austria297,750.7+3.9%
11Denmark205,246.9-9.5%
12Czechia190,832.1+25.2%
13Portugal160,896+13.3%
14Romania143,344.8+7.4%
15Finland134,322.9+0.2%
16Hungary110,823.5+14.7%
17Greece102,038+12.3%
18Slovakia66,608.5+14.7%
19Luxembourg58,173.6+10.6%
20Bulgaria57,377.1+15.4%
21Croatia46,247.7+28.5%
22Lithuania41,926.7+7.7%
23Slovenia41,179.7+12.7%
24Estonia22,801.1+8.5%
25Latvia21,864.2+9.5%
26Cyprus20,578.6+10.9%
27Malta15,066.9+16.6%

Other periods

About this ranking

Value added 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): 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 (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), 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, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), value added, EUR million (sbs_ovw_act) (EU countries by value added 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), value added, EUR million (sbs_ovw_act), EU countries by value added 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/value-added-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), value added, EUR million (sbs_ovw_act). EU countries by value added 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/value-added-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), value added, EUR million (sbs_ovw_act), EU countries by value added 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/value-added-business-economy/eu-countries?period=2023 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_value_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), value added, EUR million (sbs\_ovw\_act): EU countries by value added 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/value-added-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), 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, Industry, construction and market services (NACE Rev. 2 sections B to S except O and S94), value added, EUR million (sbs_ovw_act): EU countries by value added 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/value-added-business-economy/eu-countries?period=2023
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/value-added-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), 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

Which EU country has the highest value added in industry, construction and market services?

Germany, with €2.86 trillion in 2023, according to Eurostat, European Commission.

Which EU country has the lowest value added in industry, construction and market services?

Malta, with €15.07 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), value added, EUR million (sbs_ovw_act). Retrieved 2026-10-12.

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