Gross domestic product (GDP) at current market prices by NUTS 2 region in European Union - 27 countries (from 2020)
European Union - 27 countries (from 2020): Gross domestic product (GDP) at current market prices by NUTS 2 region was 18.02 million Million euro in 2024. ▲ Rising
Latest (2024)
18.02 million Million euro
Change on year
up 4.4%
Rank
1st
of 372 regions
All-time high
18.02 million Million euro
in 2024
All-time low
7.88 million Million euro
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) at current market prices by NUTS 2 region in European Union - 27 countries (from 2020), 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gross domestic product (gdp) at current market prices by nuts 2 region in European Union - 27 countries (from 2020) stood at 18.02 million Million euro. That is the highest value across all 25 years on record.
That represents a change of up 4.4% on the previous year and up 51.8% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in European Union - 27 countries (from 2020) peaked at 18.02 million Million euro in 2024 and was at its lowest, 7.88 million Million euro, in 2000.
That places European Union - 27 countries (from 2020) 1st out of 372 regions with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 2 region in European Union - 27 countries (from 2020), year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 7.88 million Million euro | — |
| 2001 | 8.26 million Million euro | +4.8% |
| 2002 | 8.56 million Million euro | +3.6% |
| 2003 | 8.79 million Million euro | +2.7% |
| 2004 | 9.20 million Million euro | +4.6% |
| 2005 | 9.60 million Million euro | +4.4% |
| 2006 | 10.16 million Million euro | +5.8% |
| 2007 | 10.79 million Million euro | +6.2% |
| 2008 | 11.14 million Million euro | +3.2% |
| 2009 | 10.65 million Million euro | -4.4% |
| 2010 | 11.05 million Million euro | +3.7% |
| 2011 | 11.41 million Million euro | +3.3% |
| 2012 | 11.47 million Million euro | +0.5% |
| 2013 | 11.59 million Million euro | +1.1% |
| 2014 | 11.87 million Million euro | +2.4% |
| 2015 | 12.31 million Million euro | +3.7% |
| 2016 | 12.64 million Million euro | +2.7% |
| 2017 | 13.17 million Million euro | +4.2% |
| 2018 | 13.63 million Million euro | +3.5% |
| 2019 | 14.12 million Million euro | +3.6% |
| 2020 | 13.58 million Million euro | -3.9% |
| 2021 | 14.79 million Million euro | +8.9% |
| 2022 | 16.17 million Million euro | +9.3% |
| 2023 | 17.26 million Million euro | +6.7% |
| 2024 | 18.02 million Million euro | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.50 million Million euro | 7.88 million Million euro | 11.14 million Million euro | 10 |
| 2010s | 12.32 million Million euro | 11.05 million Million euro | 14.12 million Million euro | 10 |
| 2020s | 15.96 million Million euro | 13.58 million Million euro | 18.02 million Million euro | 5 |
Countries ranked near European Union - 27 countries (from 2020)
More economy & growth data for European Union - 27 countries (from 2020)
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 112.4 Index, 2020=100 (2024)
- Average annual population to calculate regional GDP data (thousand) 451,029 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 18.02 million Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 16.20 million Current prices, million euro (2024)
- Agricultural land prices by region 15,224 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 295 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 155.11 million Hectare (2020)
- Farms and hectares by crops, utilised agricultural area, economic 155.11 million Hectare (2020)
- Gross domestic product (GDP) and main components (output, expenditure) 111.34 Chain linked volumes, index 2020=100 (2026)
- Gross value added and income by main industry (NACE Rev.2 ) 111.34 Chain linked volumes, index 2020=100 (2026)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 2 region in European Union - 27 countries (from 2020)?
- Gross domestic product (gdp) at current market prices by nuts 2 region in European Union - 27 countries (from 2020) was 18.02 million Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 2 region recorded in European Union - 27 countries (from 2020)?
- The highest recorded value was 18.02 million Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in European Union - 27 countries (from 2020)?
- The lowest recorded value was 7.88 million Million euro in 2000.
- How does European Union - 27 countries (from 2020) rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- European Union - 27 countries (from 2020) ranks 1st out of 372 regions with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 2 region rising or falling in European Union - 27 countries (from 2020)?
- Over the last ten years it is up 51.8%. The long-run trend across the full record is rising.
- Where does this European Union - 27 countries (from 2020) data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) at current market prices by NUTS 2 region. Statizoid updates them automatically from the source API.
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