Data / Rankings / Value added in real estate activities / EU countries

EU countries by value added in real estate activities

Germany had the highest value added in real estate activities of 27 EU countries in 2015, at €67.45 billion. Cyprus had the lowest, at €66 million. The median was €1.57 billion and the figure for the European Union (27) was €222.59 billion. Source: Eurostat, European Commission.

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Highest67,445.1Germany
Lowest66Cyprus
Median1,572.327 EU countries
European Union (27)222,593.3History

Map of EU countries, 2015

Austria: 8,660.7 EUR millionBelgium: 6,629.5 EUR millionBulgaria: 608.5 EUR millionCyprus: 66 EUR millionCzechia: 3,218.5 EUR millionGermany: 67,445.1 EUR millionDenmark: 10,019.3 EUR millionEstonia: 704.9 EUR millionSpain: 13,937.6 EUR millionFinland: 4,208.4 EUR millionFrance: 39,029.5 EUR millionGreece: 497.1 EUR millionCroatia: 388.3 EUR millionHungary: 1,818.7 EUR millionIreland: 1,572.3 EUR millionItaly: 17,554.6 EUR millionLithuania: 671.8 EUR millionLuxembourg: 819.5 EUR millionLatvia: 681.6 EUR millionMalta: 285.8 EUR millionNetherlands: 16,262.8 EUR millionPoland: 5,099 EUR millionPortugal: 1,450.1 EUR millionRomania: 1,434.9 EUR millionSweden: 18,601.3 EUR millionSlovenia: 267.6 EUR millionSlovakia: 711.4 EUR million
  • Under 600
  • 600 to 1,100
  • 1,100 to 3,800
  • 3,800 to 13K
  • 13K and over
EUR million, 2015. Source: Eurostat, Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), value added at factor cost, EUR million (sbs_na_sca_r2). Boundaries: Natural Earth (public domain).

All EU countries, 2015

Germany: 67,445.1 EUR millionGermany67,445.1France: 39,029.5 EUR millionFrance39,029.5Sweden: 18,601.3 EUR millionSweden18,601.3Italy: 17,554.6 EUR millionItaly17,554.6Netherlands: 16,262.8 EUR millionNetherlands16,262.8Spain: 13,937.6 EUR millionSpain13,937.6Denmark: 10,019.3 EUR millionDenmark10,019.3Austria: 8,660.7 EUR millionAustria8,660.7Belgium: 6,629.5 EUR millionBelgium6,629.5Poland: 5,099 EUR millionPoland5,099Finland: 4,208.4 EUR millionFinland4,208.4Czechia: 3,218.5 EUR millionCzechia3,218.5Hungary: 1,818.7 EUR millionHungary1,818.7Ireland: 1,572.3 EUR millionIreland1,572.3Portugal: 1,450.1 EUR millionPortugal1,450.1Romania: 1,434.9 EUR millionRomania1,434.9Luxembourg: 819.5 EUR millionLuxembourg819.5Slovakia: 711.4 EUR millionSlovakia711.4Estonia: 704.9 EUR millionEstonia704.9Latvia: 681.6 EUR millionLatvia681.6Lithuania: 671.8 EUR millionLithuania671.8Bulgaria: 608.5 EUR millionBulgaria608.5Greece: 497.1 EUR millionGreece497.1Croatia: 388.3 EUR millionCroatia388.3Malta: 285.8 EUR millionMalta285.8Slovenia: 267.6 EUR millionSlovenia267.6Cyprus: 66 EUR millionCyprus66Germany: 67,445.1 EUR millionGermany67,445.1France: 39,029.5 EUR millionFrance39,029.5Sweden: 18,601.3 EUR millionSweden18,601.3Italy: 17,554.6 EUR millionItaly17,554.6Netherlands: 16,262.8 EUR millionNetherlands16,262.8Spain: 13,937.6 EUR millionSpain13,937.6Denmark: 10,019.3 EUR millionDenmark10,019.3Austria: 8,660.7 EUR millionAustria8,660.7Belgium: 6,629.5 EUR millionBelgium6,629.5Poland: 5,099 EUR millionPoland5,099Finland: 4,208.4 EUR millionFinland4,208.4Czechia: 3,218.5 EUR millionCzechia3,218.5Hungary: 1,818.7 EUR millionHungary1,818.7Ireland: 1,572.3 EUR millionIreland1,572.3Portugal: 1,450.1 EUR millionPortugal1,450.1Romania: 1,434.9 EUR millionRomania1,434.9Luxembourg: 819.5 EUR millionLuxembourg819.5Slovakia: 711.4 EUR millionSlovakia711.4Estonia: 704.9 EUR millionEstonia704.9Latvia: 681.6 EUR millionLatvia681.6Lithuania: 671.8 EUR millionLithuania671.8Bulgaria: 608.5 EUR millionBulgaria608.5Greece: 497.1 EUR millionGreece497.1Croatia: 388.3 EUR millionCroatia388.3Malta: 285.8 EUR millionMalta285.8Slovenia: 267.6 EUR millionSlovenia267.6Cyprus: 66 EUR millionCyprus66
EUR million. Source: Eurostat, Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), value added at factor cost, EUR million (sbs_na_sca_r2). Retrieved 2026-10-12.

Full ranking

RankEU countries2015
EUR million		Change on 2014
1Germany67,445.1-16.6%
2France Series break39,029.5+10.4%
3Sweden18,601.3+2.5%
4Italy17,554.6+3.4%
5Netherlands16,262.8+12.5%
6Spain13,937.6+9.4%
7Denmark10,019.3+4.1%
8Austria8,660.7+0.8%
9Belgium6,629.5+16.9%
10Poland5,099+2.8%
11Finland4,208.4+4.6%
12Czechia3,218.5+6.4%
13Hungary1,818.7+2.3%
14Ireland1,572.3+10.1%
15Portugal1,450.1+16.2%
16Romania1,434.9-1.8%
17Luxembourg819.5-9.7%
18Slovakia711.4+24.7%
19Estonia704.9+15.6%
20Latvia681.6+1.5%
21Lithuania671.8+12.5%
22Bulgaria608.5+27.3%
23Greece497.1-28.9%
24Croatia388.3-8.3%
25Malta285.8+66.8%
26Slovenia267.6-2.4%
27Cyprus66+8.7%

Other periods

About this ranking

Value added of enterprises in real estate activities (NACE Rev.

More on how it is measured
  • 2 section L): 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. 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), value added at factor cost, 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), value added at factor cost, EUR million (sbs_na_sca_r2) (EU countries by value added 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), value added at factor cost, EUR million (sbs_na_sca_r2), EU countries by value added 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/value-added-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), value added at factor cost, EUR million (sbs_na_sca_r2). EU countries by value added 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/value-added-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), value added at factor cost, EUR million (sbs_na_sca_r2), EU countries by value added 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/value-added-real-estate/eu-countries?period=2015 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_value_2015,
  author = {{Eurostat, European Commission}},
  title = {{Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), value added at factor cost, EUR million (sbs\_na\_sca\_r2): EU countries by value added 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/value-added-real-estate/eu-countries?period=2015. Publisher attribution: Eurostat. Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), value added at factor cost, 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), value added at factor cost, EUR million (sbs_na_sca_r2): EU countries by value added 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/value-added-real-estate/eu-countries?period=2015
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/value-added-real-estate/eu-countries?period=2015.
N1  - Publisher attribution: Eurostat. Structural business statistics (2005 to 2020), Real estate activities (NACE Rev. 2 section L), value added at factor cost, 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 value added in real estate activities?

Germany, with €67.45 billion in 2015, according to Eurostat, European Commission.

Which EU country has the lowest value added in real estate activities?

Cyprus, with €66 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), value added at factor cost, EUR million (sbs_na_sca_r2). Retrieved 2026-10-12.

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