articles | 21 April 2020

13% of Cyprus businesses report online sales of at least 1% of turnover

Thirteen per cent of Cyprus enterprises reported online sales of at least 1% of their turnover during 2018, data showed on Monday. Τhe same figure for the EU as a whole was 17%.

With 36% of EU enterprises selling online, up from 31% the previous year, Ireland recorded the highest share among member states. Denmark came second (34%) and Sweden third (31%).

The increase in enterprises selling online (of at least 1% of their turnover) was strongest in Austria, up by 6 percentage points (pp) from 14%in 2017 to 20% in 2018.

Meanwhile, 60% of people in the EU aged 16 to 74 shopped online during the year prior to the 2019 survey, compared with 56% in the 2018 survey. In Cyprus this rate was 39%.

Source: Cyprus Mail

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