Gross domestic product (GDP) at current market prices by NUTS 2 region in Groningen
Groningen: Gross domestic product (GDP) at current market prices by NUTS 2 region was 32,846 Million euro in 2024. ▲ Rising
Latest (2024)
32,846 Million euro
Change on year
up 1.7%
Rank
253rd
of 372 regions
All-time high
34,704 Million euro
in 2022
All-time low
16,875 Million euro
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) at current market prices by NUTS 2 region in Groningen, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gross domestic product (gdp) at current market prices by nuts 2 region in Groningen stood at 32,846 Million euro.
That represents a change of up 1.7% on the previous year and up 15.9% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in Groningen peaked at 34,704 Million euro in 2022 and was at its lowest, 16,875 Million euro, in 2000.
Groningen ranks 253rd of 372 regions on this measure, in the middle of the range.
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 Groningen, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 16,875 Million euro | — |
| 2001 | 18,710 Million euro | +10.9% |
| 2002 | 19,416 Million euro | +3.8% |
| 2003 | 20,311 Million euro | +4.6% |
| 2004 | 20,684 Million euro | +1.8% |
| 2005 | 22,986 Million euro | +11.1% |
| 2006 | 25,282 Million euro | +10.0% |
| 2007 | 25,224 Million euro | -0.2% |
| 2008 | 29,981 Million euro | +18.9% |
| 2009 | 27,097 Million euro | -9.6% |
| 2010 | 28,238 Million euro | +4.2% |
| 2011 | 29,122 Million euro | +3.1% |
| 2012 | 30,588 Million euro | +5.0% |
| 2013 | 31,944 Million euro | +4.4% |
| 2014 | 28,344 Million euro | -11.3% |
| 2015 | 25,894 Million euro | -8.6% |
| 2016 | 24,462 Million euro | -5.5% |
| 2017 | 25,252 Million euro | +3.2% |
| 2018 | 25,691 Million euro | +1.7% |
| 2019 | 26,103 Million euro | +1.6% |
| 2020 | 24,289 Million euro | -7.0% |
| 2021 | 27,384 Million euro | +12.7% |
| 2022 | 34,704 Million euro | +26.7% |
| 2023 | 32,311 Million euro | -6.9% |
| 2024 | 32,846 Million euro | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,657 Million euro | 16,875 Million euro | 29,981 Million euro | 10 |
| 2010s | 27,564 Million euro | 24,462 Million euro | 31,944 Million euro | 10 |
| 2020s | 30,307 Million euro | 24,289 Million euro | 34,704 Million euro | 5 |
More economy & growth data for Groningen
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 94 Index, 2020=100 (2024)
- Average annual population to calculate regional GDP data (thousand) 602.03 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 29,477 Current prices, million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 32,846 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 78.36 Million euro (2023)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 119.35 Million euro (2023)
- Income quintile share ratio S80/S20 by NUTS 2 region 3.5 Index (2025)
- Economic accounts for agriculture by NUTS 2 region - indices 65.66 Index, n-1 = 100 (2023)
- Timely indicators of entrepreneurship by enterprise characteristics 128 Enterprises (2024)
- Agricultural land prices by region 82,448 Euro per hectare (2024)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 2 region in Groningen?
- Gross domestic product (gdp) at current market prices by nuts 2 region in Groningen was 32,846 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 Groningen?
- The highest recorded value was 34,704 Million euro in 2022.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Groningen?
- The lowest recorded value was 16,875 Million euro in 2000.
- How does Groningen rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- Groningen ranks 253rd 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 Groningen?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
- Where does this Groningen 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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