Gross domestic product (GDP) at current market prices by NUTS 2 region in Northern and Western
Northern and Western: Gross domestic product (GDP) at current market prices by NUTS 2 region was 44,933 Million euro in 2024. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 2 region in Northern and Western, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gross domestic product (gdp) at current market prices by nuts 2 region in Northern and Western is 44,933 Million euro, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 113.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in Northern and Western peaked at 44,933 Million euro in 2024 and was at its lowest, 12,970 Million euro, in 2000.
Northern and Western ranks 210th 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 Northern and Western, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 12,970 Million euro | — |
| 2001 | 14,674 Million euro | +13.1% |
| 2002 | 16,364 Million euro | +11.5% |
| 2003 | 17,281 Million euro | +5.6% |
| 2004 | 18,701 Million euro | +8.2% |
| 2005 | 20,659 Million euro | +10.5% |
| 2006 | 21,442 Million euro | +3.8% |
| 2007 | 23,472 Million euro | +9.5% |
| 2008 | 22,602 Million euro | -3.7% |
| 2009 | 18,504 Million euro | -18.1% |
| 2010 | 19,746 Million euro | +6.7% |
| 2011 | 19,106 Million euro | -3.2% |
| 2012 | 18,489 Million euro | -3.2% |
| 2013 | 19,240 Million euro | +4.1% |
| 2014 | 21,088 Million euro | +9.6% |
| 2015 | 22,444 Million euro | +6.4% |
| 2016 | 23,128 Million euro | +3.0% |
| 2017 | 24,305 Million euro | +5.1% |
| 2018 | 25,536 Million euro | +5.1% |
| 2019 | 27,927 Million euro | +9.4% |
| 2020 | 30,956 Million euro | +10.8% |
| 2021 | 35,791 Million euro | +15.6% |
| 2022 | 40,653 Million euro | +13.6% |
| 2023 | 44,411 Million euro | +9.2% |
| 2024 | 44,933 Million euro | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18,667 Million euro | 12,970 Million euro | 23,472 Million euro | 10 |
| 2010s | 22,101 Million euro | 18,489 Million euro | 27,927 Million euro | 10 |
| 2020s | 39,349 Million euro | 30,956 Million euro | 44,933 Million euro | 5 |
More economy & growth data for Northern and Western
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 124.2 Index, 2020=100 (2024)
- Average annual population to calculate regional GDP data (thousand) 950.81 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 44,933 Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 42,784 Current prices, million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 13.9 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 13.8 Million euro (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 3.8 Index (2025)
- Economic accounts for agriculture by NUTS 2 region - indices 100.69 Index, n-1 = 100 (2024)
- Agricultural land prices by region 25,919 Euro per hectare (2023)
- Agricultural land renting prices for one year by region 250 Euro per hectare (2024)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 2 region in Northern and Western?
- Gross domestic product (gdp) at current market prices by nuts 2 region in Northern and Western was 44,933 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 Northern and Western?
- The highest recorded value was 44,933 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Northern and Western?
- The lowest recorded value was 12,970 Million euro in 2000.
- How does Northern and Western rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- Northern and Western ranks 210th 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 Northern and Western?
- Over the last ten years it is up 113.1%. The long-run trend across the full record is rising.
- Where does this Northern and Western 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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