Farm indicators by legal status of the holding, utilised agricultural in Algarve
Algarve: Farm indicators by legal status of the holding, utilised agricultural was 546.96 million Euro in 2023. ◆ Volatile
Farm indicators by legal status of the holding, utilised agricultural in Algarve, 2010–2023
Source: Eurostat. Measured in Euro.
Analysis
Algarve recorded 546.96 million Euro for farm indicators by legal status of the holding, utilised agricultural in 2023. That is the highest value across all 5 years on record.
That represents a change of up 46.4% on the previous year and up 310.1% over ten years.
Over the whole period, farm indicators by legal status of the holding, utilised agricultural in Algarve peaked at 546.96 million Euro in 2023 and was at its lowest, 121.62 million Euro, in 2010.
That places Algarve 84th out of 121 regions with data for 2023, putting it in the middle of the range.
Farm indicators by legal status of the holding, utilised agricultural in Algarve, year by year
| Year | Euro | Change |
|---|---|---|
| 2010 | 121.62 million Euro | — |
| 2013 | 133.36 million Euro | +9.7% |
| 2016 | 236.04 million Euro | +77.0% |
| 2020 | 373.54 million Euro | +58.3% |
| 2023 | 546.96 million Euro | +46.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 163.67 million Euro | 121.62 million Euro | 236.04 million Euro | 3 |
| 2020s | 460.25 million Euro | 373.54 million Euro | 546.96 million Euro | 2 |
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)
- Economic accounts for agriculture by NUTS 2 region - indices 69.78 Index, n-1 = 100 (2024)
- Agricultural land prices by region 27,401 Euro per hectare (2024)
Frequently asked questions
- What is farm indicators by legal status of the holding, utilised agricultural in Algarve?
- Farm indicators by legal status of the holding, utilised agricultural in Algarve was 546.96 million Euro in 2023, according to Eurostat.
- What is the highest farm indicators by legal status of the holding, utilised agricultural recorded in Algarve?
- The highest recorded value was 546.96 million Euro in 2023.
- What is the lowest farm indicators by legal status of the holding, utilised agricultural recorded in Algarve?
- The lowest recorded value was 121.62 million Euro in 2010.
- How does Algarve rank for farm indicators by legal status of the holding, utilised agricultural?
- Algarve ranks 84th out of 121 regions with data for 2023.
- Is farm indicators by legal status of the holding, utilised agricultural rising or falling in Algarve?
- Over the last ten years it is up 310.1%. The long-run trend across the full record is volatile.
- Where does this Algarve data come from?
- The figures come from Eurostat, published as part of Farm indicators by legal status of the holding, utilised agricultural area, type and economic size of the farm and NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Eurostat).