Gross domestic product (GDP) at current market prices by NUTS 3 region in Bizkaia
Bizkaia: Gross domestic product (GDP) at current market prices by NUTS 3 region was 44,230 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Bizkaia, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Bizkaia recorded 44,230 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.
Compared with earlier readings it is up 7.9% on the previous year and up 43.7% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Bizkaia peaked at 44,230 Million euro in 2023 and was at its lowest, 20,945 Million euro, in 2000.
Bizkaia ranks 281st of 1664 regions on this measure, in the top quarter.
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 Bizkaia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 20,945 Million euro | — |
| 2001 | 21,874 Million euro | +4.4% |
| 2002 | 23,114 Million euro | +5.7% |
| 2003 | 24,602 Million euro | +6.4% |
| 2004 | 26,057 Million euro | +5.9% |
| 2005 | 28,071 Million euro | +7.7% |
| 2006 | 29,785 Million euro | +6.1% |
| 2007 | 31,577 Million euro | +6.0% |
| 2008 | 33,188 Million euro | +5.1% |
| 2009 | 32,259 Million euro | -2.8% |
| 2010 | 32,763 Million euro | +1.6% |
| 2011 | 32,190 Million euro | -1.7% |
| 2012 | 31,378 Million euro | -2.5% |
| 2013 | 30,775 Million euro | -1.9% |
| 2014 | 31,463 Million euro | +2.2% |
| 2015 | 32,887 Million euro | +4.5% |
| 2016 | 33,686 Million euro | +2.4% |
| 2017 | 34,314 Million euro | +1.9% |
| 2018 | 35,600 Million euro | +3.7% |
| 2019 | 36,738 Million euro | +3.2% |
| 2020 | 33,017 Million euro | -10.1% |
| 2021 | 35,910 Million euro | +8.8% |
| 2022 | 41,010 Million euro | +14.2% |
| 2023 | 44,230 Million euro | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27,147 Million euro | 20,945 Million euro | 33,188 Million euro | 10 |
| 2010s | 33,179 Million euro | 30,775 Million euro | 36,738 Million euro | 10 |
| 2020s | 38,542 Million euro | 33,017 Million euro | 44,230 Million euro | 4 |
More economy & growth data for Bizkaia
- Average annual population to calculate regional GDP data (thousand) 1,163 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 40,258 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 81,567 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 81,567 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Bizkaia?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Bizkaia was 44,230 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 Bizkaia?
- The highest recorded value was 44,230 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Bizkaia?
- The lowest recorded value was 20,945 Million euro in 2000.
- How does Bizkaia rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Bizkaia ranks 281st 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 Bizkaia?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is rising.
- Where does this Bizkaia 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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