Gross domestic product (GDP) at current market prices by NUTS 2 region in Vest
Vest: Gross domestic product (GDP) at current market prices by NUTS 2 region was 31,585 Million euro in 2024. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 2 region in Vest, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, gross domestic product (gdp) at current market prices by nuts 2 region in Vest stood at 31,585 Million euro. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 126.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 2 region in Vest peaked at 31,585 Million euro in 2024 and was at its lowest, 3,807 Million euro, in 2000.
Vest ranks 255th 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 Vest, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 3,807 Million euro | — |
| 2001 | 4,328 Million euro | +13.7% |
| 2002 | 4,686 Million euro | +8.3% |
| 2003 | 5,048 Million euro | +7.7% |
| 2004 | 5,983 Million euro | +18.5% |
| 2005 | 7,737 Million euro | +29.3% |
| 2006 | 9,799 Million euro | +26.7% |
| 2007 | 12,620 Million euro | +28.8% |
| 2008 | 14,510 Million euro | +15.0% |
| 2009 | 12,392 Million euro | -14.6% |
| 2010 | 13,049 Million euro | +5.3% |
| 2011 | 13,599 Million euro | +4.2% |
| 2012 | 13,764 Million euro | +1.2% |
| 2013 | 13,531 Million euro | -1.7% |
| 2014 | 13,969 Million euro | +3.2% |
| 2015 | 15,322 Million euro | +9.7% |
| 2016 | 16,298 Million euro | +6.4% |
| 2017 | 17,629 Million euro | +8.2% |
| 2018 | 19,211 Million euro | +9.0% |
| 2019 | 20,975 Million euro | +9.2% |
| 2020 | 20,205 Million euro | -3.7% |
| 2021 | 21,803 Million euro | +7.9% |
| 2022 | 24,718 Million euro | +13.4% |
| 2023 | 28,918 Million euro | +17.0% |
| 2024 | 31,585 Million euro | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,091 Million euro | 3,807 Million euro | 14,510 Million euro | 10 |
| 2010s | 15,735 Million euro | 13,049 Million euro | 20,975 Million euro | 10 |
| 2020s | 25,446 Million euro | 20,205 Million euro | 31,585 Million euro | 5 |
More economy & growth data for Vest
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 118.6 Index, 2020=100 (2024)
- Average annual population to calculate regional GDP data (thousand) 1,672 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 31,585 Million euro (2024)
- Gross value added at basic prices by NUTS 3 region 28,621 Current prices, million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 563.66 Million euro (2023)
- Income quintile share ratio S80/S20 by NUTS 2 region 3.3 Index (2025)
- Agricultural land prices by region 9,605 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 1.46 million Hectare (2023)
- Farms and hectares by crops, utilised agricultural area, economic 1.46 million Hectare (2023)
- Business demography and high growth enterprise by NACE Rev. 2 and 83,367 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 2 region in Vest?
- Gross domestic product (gdp) at current market prices by nuts 2 region in Vest was 31,585 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 Vest?
- The highest recorded value was 31,585 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 2 region recorded in Vest?
- The lowest recorded value was 3,807 Million euro in 2000.
- How does Vest rank for gross domestic product (gdp) at current market prices by nuts 2 region?
- Vest ranks 255th 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 Vest?
- Over the last ten years it is up 126.1%. The long-run trend across the full record is rising.
- Where does this Vest 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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