Gross domestic product (GDP) at current market prices by NUTS 3 region in Alentejo
Alentejo: Gross domestic product (GDP) at current market prices by NUTS 3 region was 12,035 Million euro in 2024. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Alentejo, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
Alentejo recorded 12,035 Million euro for gross domestic product (gdp) at current market prices by nuts 3 region in 2024. That is the highest value across all 25 years on record.
The figure is up 4.5% on the previous year and up 58.5% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Alentejo peaked at 12,035 Million euro in 2024 and was at its lowest, 6,118 Million euro, in 2000.
Alentejo ranks 727th of 1664 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 3 region in Alentejo, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 6,118 Million euro | — |
| 2001 | 6,365 Million euro | +4.0% |
| 2002 | 6,451 Million euro | +1.4% |
| 2003 | 6,718 Million euro | +4.1% |
| 2004 | 6,953 Million euro | +3.5% |
| 2005 | 7,329 Million euro | +5.4% |
| 2006 | 7,838 Million euro | +6.9% |
| 2007 | 8,102 Million euro | +3.4% |
| 2008 | 8,037 Million euro | -0.8% |
| 2009 | 7,675 Million euro | -4.5% |
| 2010 | 8,099 Million euro | +5.5% |
| 2011 | 7,950 Million euro | -1.8% |
| 2012 | 7,563 Million euro | -4.9% |
| 2013 | 7,474 Million euro | -1.2% |
| 2014 | 7,592 Million euro | +1.6% |
| 2015 | 8,279 Million euro | +9.1% |
| 2016 | 8,291 Million euro | +0.1% |
| 2017 | 8,913 Million euro | +7.5% |
| 2018 | 8,996 Million euro | +0.9% |
| 2019 | 9,051 Million euro | +0.6% |
| 2020 | 8,181 Million euro | -9.6% |
| 2021 | 9,306 Million euro | +13.8% |
| 2022 | 10,479 Million euro | +12.6% |
| 2023 | 11,513 Million euro | +9.9% |
| 2024 | 12,035 Million euro | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,159 Million euro | 6,118 Million euro | 8,102 Million euro | 10 |
| 2010s | 8,221 Million euro | 7,474 Million euro | 9,051 Million euro | 10 |
| 2020s | 10,303 Million euro | 8,181 Million euro | 12,035 Million euro | 5 |
More economy & growth data for Alentejo
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 112.1 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 12,035 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 474.8 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 10,466 Current prices, million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 106.92 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 140.4 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - indices 76.15 Index, n-1 = 100 (2024)
- Agricultural land prices by region 5,678 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 142 Euro per hectare (2024)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Alentejo?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Alentejo was 12,035 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Alentejo?
- The highest recorded value was 12,035 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Alentejo?
- The lowest recorded value was 6,118 Million euro in 2000.
- How does Alentejo rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Alentejo ranks 727th out of 1664 regions with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 3 region rising or falling in Alentejo?
- Over the last ten years it is up 58.5%. The long-run trend across the full record is rising.
- Where does this Alentejo 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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