04.07.2022
Employment in the broad industrial sector declined by 1.5% in 2020 to 39,100 compared to 39,700 in 2019, according to the results of the Industrial Production Survey 2020 released by the Statistical Office of Cyprus on Monday.
The value of production at current prices also fell by 5.2% to €4,719.2 million in 2020 from €4.97 billion in 2019.
The survey shows that 34,500 people are employed in manufacturing, 500 in mining and quarrying, 2,200 in electricity, and 1,900 in water, sewerage and waste management.
In addition, in the industrial sector as a whole, the value of production at current prices decreased by 5.2% to 4.7 billion euros in 2020, compared to 4.97 billion euros in 2019.
In the manufacturing industry, the value of products decreased by 2.2% to 3.58 billion euros, in mining and quarrying by 3.4% to 66 million euros, in electricity supply by 17.4% to 740.4 million euros and in water supply , sewerage and waste management by 5.3%. percent to 326.7 million euros.
At the same time, value added at current prices decreased by 4.3% in the industry as a whole and reached 1.75 billion euros in 2020 compared to 1.83 billion euros in 2019.
In the manufacturing industry, value added decreased by 1.9% to 1.31 billion euros, in mining by 5% to 26 million euros and in electricity by 19% to 245 million euros.
Finally, in the water supply, sewerage and waste management sector, value added increased by 3.2% to 161.3 million euros.
