The turnover of the businesses and activities of the country’s economy decreased by 2.9% in 2023 and amounted to 447,422,094 thousand euros as announced by ELSTAT, compared to 460,915,313 thousand euros in 2022.
Also according to ELSTATfor all businesses and economic activities the turnover in the fourth quarter of 2023 amounted to 119,254,446 thousand euros, marking a decrease of 5.9% compared to the fourth quarter of 2022, which had reached 120,083 .372 thousand euros.
The largest decrease in turnover was shown by the companies in the Electricity Supply, Natural Gas, Steam and Air Conditioning sector (45.2%) and the Manufacturing sector (8.5%). While the largest increase was shown by businesses in the Education sector (23.5%) and the Construction sector (16.7%).
At the same time, according to newsit, for all businesses with an obligation to keep double-entry books, for which data are available on a monthly basis, the turnover in December 2023 amounted to 34,688,378 thousand euros, marking a decrease of 13.4% in compared to December 2022, which had risen to 40,071,423 thousand euros.
The biggest decrease was shown by the companies in the Electricity, Natural Gas, Steam and Air Conditioning sector (68.1%), while the biggest increase was shown by the companies in the Financial and Insurance Activities sector (32%).
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