Gross domestic product (GDP) at current market prices by NUTS 3 region in Arad
Arad: Gross domestic product (GDP) at current market prices by NUTS 3 region was 6,825 Million euro in 2024. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Arad, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
Arad recorded 6,825 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 8.5% on the previous year and up 115.6% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Arad peaked at 6,825 Million euro in 2024 and was at its lowest, 933.45 Million euro, in 2000.
Arad ranks 1028th 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 Arad, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 933.45 Million euro | — |
| 2001 | 1,047 Million euro | +12.2% |
| 2002 | 1,109 Million euro | +5.9% |
| 2003 | 1,164 Million euro | +4.9% |
| 2004 | 1,448 Million euro | +24.4% |
| 2005 | 1,811 Million euro | +25.1% |
| 2006 | 2,322 Million euro | +28.2% |
| 2007 | 2,826 Million euro | +21.7% |
| 2008 | 3,139 Million euro | +11.1% |
| 2009 | 2,694 Million euro | -14.2% |
| 2010 | 2,814 Million euro | +4.5% |
| 2011 | 3,048 Million euro | +8.3% |
| 2012 | 3,048 Million euro | +0.0% |
| 2013 | 3,083 Million euro | +1.1% |
| 2014 | 3,165 Million euro | +2.7% |
| 2015 | 3,482 Million euro | +10.0% |
| 2016 | 3,669 Million euro | +5.3% |
| 2017 | 4,105 Million euro | +11.9% |
| 2018 | 4,476 Million euro | +9.0% |
| 2019 | 4,866 Million euro | +8.7% |
| 2020 | 4,513 Million euro | -7.3% |
| 2021 | 4,712 Million euro | +4.4% |
| 2022 | 5,388 Million euro | +14.4% |
| 2023 | 6,292 Million euro | +16.8% |
| 2024 | 6,825 Million euro | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,849 Million euro | 933.45 Million euro | 3,139 Million euro | 10 |
| 2010s | 3,576 Million euro | 2,814 Million euro | 4,866 Million euro | 10 |
| 2020s | 5,546 Million euro | 4,513 Million euro | 6,825 Million euro | 5 |
More economy & growth data for Arad
- Average annual population to calculate regional GDP data (thousand) 410.58 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 6,185 Current prices, million euro (2024)
- Business demography by size class and NUTS 3 region 22,059 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 22,059 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Arad?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Arad was 6,825 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 Arad?
- The highest recorded value was 6,825 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Arad?
- The lowest recorded value was 933.45 Million euro in 2000.
- How does Arad rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Arad ranks 1028th 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 Arad?
- Over the last ten years it is up 115.6%. The long-run trend across the full record is rising.
- Where does this Arad 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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