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Ministry of Finance, Statistical Service



15/06/2007
NEW PUBLICATION: CENSUS OF ESTABLISHMENTS, 2005 (VOLUME I)
15/06/2007


The Statistical Service announces the issue of the results of the Census of Enterprises which was carried out in 2005.

The Report gives information on the distribution of the enterprises and establishments in Cyprus by branch of economic activity, size and legal entity and also the distribution of the employed population by branch of economic activity, size of the enterprise and gender.

The main findings of the Census are summarized below:

1. The Census of Enterprises covered all sectors of the economy (except agriculture and fishing). The Census enumerated 67 thousand enterprises with 76.500 establishments which employed 314 thousand persons.

2. The size of the Cypriot enterprises was and remains very small with only 4,7 persons employed on average per enterprise. 60% of the enterprises employ only one person, 34% employ 2-9 persons, 5% have 10-49 and only 1% employ 50 or more employees.

3. The sectors with the largest employment were the wholesale and retail trade where 62.000 persons were employed, the hotels and restaurants sector with 38.000 persons, the sector of manufacturing with 36.000 employees and the construction sector which provides employment for 32.000 persons.

4. Employment in the five-year period 2000-2005 rose significantly from 269.000 persons in 2000 to 314.000 persons in 2005, recording an annual growth rate of 3,2%.

5. Private businesses accounted for the largest part (63%) of the total number of enterprises in 2005. Limited liability companies accounted for almost one third of the total (32%) and partnerships for only 3%. A small proportion of the enterprises 2% had other legal entity.


Volume I of the Census of Establishments 2005 is available for sale from the Government Printing Office in Nicosia for C£12,00. The analytical tables and the results of the Census are available for downloading from the website of the Statistical Service.










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