Gross domestic product (GDP) at current market prices by NUTS 3 region in Albacete
Albacete: Gross domestic product (GDP) at current market prices by NUTS 3 region was 10,285 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Albacete, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Albacete recorded 10,285 Million euro for gross domestic product (gdp) at current market prices by nuts 3 region in 2023. That is the highest value across all 24 years on record.
That represents a change of up 8.0% on the previous year and up 45.4% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Albacete peaked at 10,285 Million euro in 2023 and was at its lowest, 4,356 Million euro, in 2000.
That places Albacete 812th out of 1664 regions with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 3 region in Albacete, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 4,356 Million euro | — |
| 2001 | 4,796 Million euro | +10.1% |
| 2002 | 5,218 Million euro | +8.8% |
| 2003 | 5,438 Million euro | +4.2% |
| 2004 | 5,803 Million euro | +6.7% |
| 2005 | 6,261 Million euro | +7.9% |
| 2006 | 6,735 Million euro | +7.6% |
| 2007 | 7,104 Million euro | +5.5% |
| 2008 | 7,512 Million euro | +5.7% |
| 2009 | 7,494 Million euro | -0.2% |
| 2010 | 7,476 Million euro | -0.2% |
| 2011 | 7,336 Million euro | -1.9% |
| 2012 | 7,137 Million euro | -2.7% |
| 2013 | 7,072 Million euro | -0.9% |
| 2014 | 6,986 Million euro | -1.2% |
| 2015 | 7,415 Million euro | +6.1% |
| 2016 | 7,570 Million euro | +2.1% |
| 2017 | 7,993 Million euro | +5.6% |
| 2018 | 8,285 Million euro | +3.7% |
| 2019 | 8,627 Million euro | +4.1% |
| 2020 | 8,010 Million euro | -7.1% |
| 2021 | 8,854 Million euro | +10.5% |
| 2022 | 9,527 Million euro | +7.6% |
| 2023 | 10,285 Million euro | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,072 Million euro | 4,356 Million euro | 7,512 Million euro | 10 |
| 2010s | 7,590 Million euro | 6,986 Million euro | 8,627 Million euro | 10 |
| 2020s | 9,169 Million euro | 8,010 Million euro | 10,285 Million euro | 4 |
More economy & growth data for Albacete
- Average annual population to calculate regional GDP data (thousand) 389.6 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 9,386 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 28,330 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 28,330 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Albacete?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Albacete was 10,285 Million euro in 2023, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Albacete?
- The highest recorded value was 10,285 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Albacete?
- The lowest recorded value was 4,356 Million euro in 2000.
- How does Albacete rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Albacete ranks 812th out of 1664 regions with data for 2023.
- Is gross domestic product (gdp) at current market prices by nuts 3 region rising or falling in Albacete?
- Over the last ten years it is up 45.4%. The long-run trend across the full record is rising.
- Where does this Albacete data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) at current market prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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