Economic accounts for agriculture by NUTS 2 region - indices in Algarve
Algarve: Economic accounts for agriculture by NUTS 2 region - indices was 69.78 Index, n-1 = 100 in 2024. ▲ Rising
Latest (2024)
69.78 Index, n-1 = 100
Change on year
down 35.4%
Rank
79th
of 147 regions
All-time high
159.89 Index, n-1 = 100
in 2022
All-time low
55.81 Index, n-1 = 100
in 2006
Years of data
26
1999–2024
Economic accounts for agriculture by NUTS 2 region - indices in Algarve, 1999–2024
Source: Eurostat. Measured in Index, n-1 = 100.
Analysis
In 2024, economic accounts for agriculture by nuts 2 region - indices in Algarve stood at 69.78 Index, n-1 = 100.
Compared with earlier readings it is down 35.4% on the previous year and down 10.9% over ten years.
Over the whole period, economic accounts for agriculture by nuts 2 region - indices in Algarve peaked at 159.89 Index, n-1 = 100 in 2022 and was at its lowest, 55.81 Index, n-1 = 100, in 2006.
Algarve ranks 79th of 147 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Economic accounts for agriculture by NUTS 2 region - indices in Algarve, year by year
| Year | Index, n-1 = 100 | Change |
|---|---|---|
| 1999 | 94.53 Index, n-1 = 100 | — |
| 2000 | 88.73 Index, n-1 = 100 | -6.1% |
| 2001 | 125.82 Index, n-1 = 100 | +41.8% |
| 2002 | 81.98 Index, n-1 = 100 | -34.8% |
| 2003 | 119.43 Index, n-1 = 100 | +45.7% |
| 2004 | 92.18 Index, n-1 = 100 | -22.8% |
| 2005 | 99.36 Index, n-1 = 100 | +7.8% |
| 2006 | 55.81 Index, n-1 = 100 | -43.8% |
| 2007 | 129.25 Index, n-1 = 100 | +131.6% |
| 2008 | 95.19 Index, n-1 = 100 | -26.4% |
| 2009 | 82.89 Index, n-1 = 100 | -12.9% |
| 2010 | 102.78 Index, n-1 = 100 | +24.0% |
| 2011 | 110.79 Index, n-1 = 100 | +7.8% |
| 2012 | 110.35 Index, n-1 = 100 | -0.4% |
| 2013 | 76.6 Index, n-1 = 100 | -30.6% |
| 2014 | 78.36 Index, n-1 = 100 | +2.3% |
| 2015 | 90.92 Index, n-1 = 100 | +16.0% |
| 2016 | 95.15 Index, n-1 = 100 | +4.7% |
| 2017 | 97.71 Index, n-1 = 100 | +2.7% |
| 2018 | 99.7 Index, n-1 = 100 | +2.0% |
| 2019 | 107.08 Index, n-1 = 100 | +7.4% |
| 2020 | 104.15 Index, n-1 = 100 | -2.7% |
| 2021 | 108.59 Index, n-1 = 100 | +4.3% |
| 2022 | 159.89 Index, n-1 = 100 | +47.2% |
| 2023 | 108 Index, n-1 = 100 | -32.5% |
| 2024 | 69.78 Index, n-1 = 100 | -35.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 94.53 Index, n-1 = 100 | 94.53 Index, n-1 = 100 | 94.53 Index, n-1 = 100 | 1 |
| 2000s | 97.06 Index, n-1 = 100 | 55.81 Index, n-1 = 100 | 129.25 Index, n-1 = 100 | 10 |
| 2010s | 96.94 Index, n-1 = 100 | 76.6 Index, n-1 = 100 | 110.79 Index, n-1 = 100 | 10 |
| 2020s | 110.08 Index, n-1 = 100 | 69.78 Index, n-1 = 100 | 159.89 Index, n-1 = 100 | 5 |
More economy & growth data for Algarve
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 135.8 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 14,312 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 488.44 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 12,446 Current prices, million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 14,312 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 0.57 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 0.82 Million euro (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 4.6 Index (2025)
- Agricultural land prices by region 27,401 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 493 Euro per hectare (2024)
Frequently asked questions
- What is economic accounts for agriculture by nuts 2 region - indices in Algarve?
- Economic accounts for agriculture by nuts 2 region - indices in Algarve was 69.78 Index, n-1 = 100 in 2024, according to Eurostat.
- What is the highest economic accounts for agriculture by nuts 2 region - indices recorded in Algarve?
- The highest recorded value was 159.89 Index, n-1 = 100 in 2022.
- What is the lowest economic accounts for agriculture by nuts 2 region - indices recorded in Algarve?
- The lowest recorded value was 55.81 Index, n-1 = 100 in 2006.
- How does Algarve rank for economic accounts for agriculture by nuts 2 region - indices?
- Algarve ranks 79th out of 147 regions with data for 2024.
- Is economic accounts for agriculture by nuts 2 region - indices rising or falling in Algarve?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is rising.
- Where does this Algarve data come from?
- The figures come from Eurostat, published as part of Economic accounts for agriculture by NUTS 2 region - indices (volume, price, values). Statizoid updates them automatically from the source API.
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