Gross domestic product (GDP) at current market prices by NUTS 2 region in Prov. West-Vlaanderen
Prov. West-Vlaanderen: Gross domestic product (GDP) at current market prices by NUTS 2 region was 64,564 Million euro in 2024. ▲ Rising
Latest (2024)
64,564 Million euro
Change on year
up 2.7%
Rank
165th
of 372 regions
All-time high
64,564 Million euro
in 2024
All-time low
28,732 Million euro
in 2003
Years of data
22
2003–2024
Gross domestic product (GDP) at current market prices by NUTS 2 region in Prov. West-Vlaanderen, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gross domestic product (gdp) at current market prices by nuts 2 region in Prov. West-Vlaanderen stood at 64,564 Million euro. That is the highest value across all 22 years on record.
The figure is up 2.7% on the previous year and up 55.8% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in Prov. West-Vlaanderen peaked at 64,564 Million euro in 2024 and was at its lowest, 28,732 Million euro, in 2003.
Prov. West-Vlaanderen ranks 165th of 372 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 2 region in Prov. West-Vlaanderen, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 28,732 Million euro | — |
| 2004 | 30,169 Million euro | +5.0% |
| 2005 | 31,353 Million euro | +3.9% |
| 2006 | 33,471 Million euro | +6.8% |
| 2007 | 35,549 Million euro | +6.2% |
| 2008 | 35,832 Million euro | +0.8% |
| 2009 | 35,020 Million euro | -2.3% |
| 2010 | 36,733 Million euro | +4.9% |
| 2011 | 38,354 Million euro | +4.4% |
| 2012 | 39,204 Million euro | +2.2% |
| 2013 | 40,109 Million euro | +2.3% |
| 2014 | 41,446 Million euro | +3.3% |
| 2015 | 42,159 Million euro | +1.7% |
| 2016 | 43,782 Million euro | +3.9% |
| 2017 | 45,182 Million euro | +3.2% |
| 2018 | 46,502 Million euro | +2.9% |
| 2019 | 48,424 Million euro | +4.1% |
| 2020 | 47,250 Million euro | -2.4% |
| 2021 | 51,896 Million euro | +9.8% |
| 2022 | 57,811 Million euro | +11.4% |
| 2023 | 62,883 Million euro | +8.8% |
| 2024 | 64,564 Million euro | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32,875 Million euro | 28,732 Million euro | 35,832 Million euro | 7 |
| 2010s | 42,189 Million euro | 36,733 Million euro | 48,424 Million euro | 10 |
| 2020s | 56,881 Million euro | 47,250 Million euro | 64,564 Million euro | 5 |
More economy & growth data for Prov. West-Vlaanderen
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 114.6 Index, 2020=100 (2024)
- Average annual population to calculate regional GDP data (thousand) 1,232 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 64,564 Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 58,439 Current prices, million euro (2024)
- Irrigation of agricultural holdings by utilised agricultural area 201,770 Hectare (2023)
- Farms and hectares by crops, utilised agricultural area, economic 201,770 Hectare (2023)
- Beneficiary of rural development support measures by legal form 201,770 Hectare (2023)
- Type of other gainful activities directly related to the agricultural 11,060 Annual working unit (AWU) (2023)
- Permanent grassland by area under corresponding crop, utilised 47,800 Hectare (2023)
- Farm indicators by legal status of the holding, utilised agricultural 2.42 billion Euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 2 region in Prov. West-Vlaanderen?
- Gross domestic product (gdp) at current market prices by nuts 2 region in Prov. West-Vlaanderen was 64,564 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 Prov. West-Vlaanderen?
- The highest recorded value was 64,564 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Prov. West-Vlaanderen?
- The lowest recorded value was 28,732 Million euro in 2003.
- How does Prov. West-Vlaanderen rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- Prov. West-Vlaanderen ranks 165th 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 Prov. West-Vlaanderen?
- Over the last ten years it is up 55.8%. The long-run trend across the full record is rising.
- Where does this Prov. West-Vlaanderen 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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