Nicosia, Cyprus. Cyprus’ agricultural sector generated €426.04 million in gross value added in 2024, according to Eurostat. The figures were published in Eurostat’s December 2025 edition of key figures on the European food chain.
Eurostat report scope
The publication traces the journey of food from farm to fork and covers production, processing, distribution, international trade, consumption and environmental concerns, focusing in this instance on the value added by agriculture.
Agriculture’s share of EU GDP
According to the data, the value added from the EU’s agricultural industry amounted to 1.2 per cent of gross domestic product in 2024, which was 0.1 percentage points higher than in 2009.
The ratio of the agricultural industry’s value added to GDP was notably higher in Greece at 3.2 per cent, Romania at 2.5 per cent and Spain at 2.3 per cent than in other EU countries. Bulgaria, Italy and Croatia recorded the next highest ratios, all at 1.8 per cent.
In 12 EU countries, the agricultural industry’s value added accounted for less than 1.0 per cent of GDP, with the lowest ratios recorded in Luxembourg and Malta, both at 0.2 per cent.
Changes in agricultural value added ratios since 2009
Between 2009 and 2024, the ratio of agricultural value added to GDP increased in 15 EU countries, with Greece seeing the largest rise at 0.9 percentage points, followed by Latvia at 0.6 percentage points and Spain at 0.5 percentage points.
By contrast, the relative weight of the agricultural industry declined most sharply in Romania, down 2.2 percentage points, followed by Bulgaria, down 1.4 percentage points, and Malta and Croatia, both down 0.7 percentage points.
Cyprus figures
For Cyprus, the gross value added at basic prices in agriculture measured €426.04 million in 2024, compared with €407.95 million in 2025.
How do you view agriculture’s role in Cyprus’ rural economy?