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 26 EU countries in 2017, at €80.92 billion. Cyprus had the lowest, at €98.7 million. The median was €2.18 billion and the figure for the European Union (27) was €240 billion. Source: Eurostat, European Commission.

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Highest80,917.7Germany
Lowest98.7Cyprus
Median2,177.926 EU countries
European Union (27)240,000History

Map of EU countries, 2017

Austria: 10,006.7 EUR millionBelgium: 6,770.6 EUR millionBulgaria: 787.5 EUR millionCyprus: 98.7 EUR millionCzechia: 3,688.7 EUR millionGermany: 80,917.7 EUR millionDenmark: 12,260.1 EUR millionEstonia: 919.5 EUR millionSpain: 15,032.2 EUR millionFinland: 4,546.9 EUR millionFrance: 36,777 EUR millionGreece: 660.1 EUR millionCroatia: 489.9 EUR millionHungary: 2,186.4 EUR millionIreland: 1,600.7 EUR millionItaly: 17,419.8 EUR millionLithuania: 811.8 EUR millionLuxembourg: 981.5 EUR millionLatvia: 652.7 EUR millionMalta: 352.1 EUR millionNetherlands: 17,129.6 EUR millionPoland: 4,760.5 EUR millionPortugal: 2,169.3 EUR millionSweden: 19,762.2 EUR millionSlovenia: 300.5 EUR millionSlovakia: 1,105 EUR million
  • Under 700
  • 700 to 1,100
  • 1,100 to 4,500
  • 4,500 to 15K
  • 15K and over
  • No data
EUR million, 2017. Hatched areas have no value for this period. 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, 2017

Germany: 80,917.7 EUR millionGermany80,917.7France: 36,777 EUR millionFrance36,777Sweden: 19,762.2 EUR millionSweden19,762.2Italy: 17,419.8 EUR millionItaly17,419.8Netherlands: 17,129.6 EUR millionNetherlands17,129.6Spain: 15,032.2 EUR millionSpain15,032.2Denmark: 12,260.1 EUR millionDenmark12,260.1Austria: 10,006.7 EUR millionAustria10,006.7Belgium: 6,770.6 EUR millionBelgium6,770.6Poland: 4,760.5 EUR millionPoland4,760.5Finland: 4,546.9 EUR millionFinland4,546.9Czechia: 3,688.7 EUR millionCzechia3,688.7Hungary: 2,186.4 EUR millionHungary2,186.4Portugal: 2,169.3 EUR millionPortugal2,169.3Ireland: 1,600.7 EUR millionIreland1,600.7Slovakia: 1,105 EUR millionSlovakia1,105Luxembourg: 981.5 EUR millionLuxembourg981.5Estonia: 919.5 EUR millionEstonia919.5Lithuania: 811.8 EUR millionLithuania811.8Bulgaria: 787.5 EUR millionBulgaria787.5Greece: 660.1 EUR millionGreece660.1Latvia: 652.7 EUR millionLatvia652.7Croatia: 489.9 EUR millionCroatia489.9Malta: 352.1 EUR millionMalta352.1Slovenia: 300.5 EUR millionSlovenia300.5Cyprus: 98.7 EUR millionCyprus98.7Germany: 80,917.7 EUR millionGermany80,917.7France: 36,777 EUR millionFrance36,777Sweden: 19,762.2 EUR millionSweden19,762.2Italy: 17,419.8 EUR millionItaly17,419.8Netherlands: 17,129.6 EUR millionNetherlands17,129.6Spain: 15,032.2 EUR millionSpain15,032.2Denmark: 12,260.1 EUR millionDenmark12,260.1Austria: 10,006.7 EUR millionAustria10,006.7Belgium: 6,770.6 EUR millionBelgium6,770.6Poland: 4,760.5 EUR millionPoland4,760.5Finland: 4,546.9 EUR millionFinland4,546.9Czechia: 3,688.7 EUR millionCzechia3,688.7Hungary: 2,186.4 EUR millionHungary2,186.4Portugal: 2,169.3 EUR millionPortugal2,169.3Ireland: 1,600.7 EUR millionIreland1,600.7Slovakia: 1,105 EUR millionSlovakia1,105Luxembourg: 981.5 EUR millionLuxembourg981.5Estonia: 919.5 EUR millionEstonia919.5Lithuania: 811.8 EUR millionLithuania811.8Bulgaria: 787.5 EUR millionBulgaria787.5Greece: 660.1 EUR millionGreece660.1Latvia: 652.7 EUR millionLatvia652.7Croatia: 489.9 EUR millionCroatia489.9Malta: 352.1 EUR millionMalta352.1Slovenia: 300.5 EUR millionSlovenia300.5Cyprus: 98.7 EUR millionCyprus98.7
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 countries2017
EUR million		Change on 2016
1Germany80,917.7+5.4%
2France Series break36,777-12.9%
3Sweden19,762.2+5.2%
4Italy Series break17,419.8-7.1%
5Netherlands17,129.6-0.9%
6Spain15,032.2+8.1%
7Denmark12,260.1+1.6%
8Austria10,006.7+6.4%
9Belgium6,770.6-5.9%
10Poland4,760.5-6.1%
11Finland Series break4,546.9-0.9%
12Czechia3,688.7+9.5%
13Hungary2,186.4+11.4%
14Portugal2,169.3+23.8%
15Ireland1,600.7-6.2%
16Slovakia1,105-12.3%
17Luxembourg981.5+12.1%
18Estonia919.5+14.2%
19Lithuania811.8+5.8%
20Bulgaria787.5+22.5%
21Greece660.1+41.8%
22Latvia652.7-9%
23Croatia489.9-7.1%
24Malta352.1+27.9%
25Slovenia300.5+6.3%
26Cyprus98.7+21.3%

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. 1 EU countries with data in other periods have no value for 2017 and are left out rather than filled from another source. 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, 2017) [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, 2017. 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=2017. 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, 2017. 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=2017.

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, 2017 [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=2017 (Accessed: 12 October 2026).

BibTeX
@misc{eurostat_eu_countries_by_value_2017,
  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, 2017}},
  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=2017. 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, 2017
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=2017
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/rankings/value-added-real-estate/eu-countries?period=2017.
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 €80.92 billion in 2017, according to Eurostat, European Commission.

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

Cyprus, with €98.7 million in 2017.

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. 1 EU countries have no value for 2017 and are not ranked.

EU countries: more rankings