Gross domestic product (GDP) at current market prices by NUTS 3 region in El Hierro
El Hierro: Gross domestic product (GDP) at current market prices by NUTS 3 region was 231.9 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in El Hierro, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gross domestic product (gdp) at current market prices by nuts 3 region in El Hierro is 231.9 Million euro, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 10.0% on the previous year and up 33.0% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in El Hierro peaked at 231.9 Million euro in 2023 and was at its lowest, 85.7 Million euro, in 2000.
That places El Hierro 1656th out of 1664 regions with data for 2023, putting it in the bottom 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 El Hierro, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 85.7 Million euro | — |
| 2001 | 95.8 Million euro | +11.8% |
| 2002 | 107 Million euro | +11.7% |
| 2003 | 120.7 Million euro | +12.8% |
| 2004 | 127 Million euro | +5.2% |
| 2005 | 155 Million euro | +22.0% |
| 2006 | 165.2 Million euro | +6.6% |
| 2007 | 170.3 Million euro | +3.1% |
| 2008 | 189.1 Million euro | +11.0% |
| 2009 | 192.8 Million euro | +2.0% |
| 2010 | 197.8 Million euro | +2.6% |
| 2011 | 184.8 Million euro | -6.6% |
| 2012 | 184.7 Million euro | -0.1% |
| 2013 | 174.3 Million euro | -5.6% |
| 2014 | 186.3 Million euro | +6.9% |
| 2015 | 176.8 Million euro | -5.1% |
| 2016 | 160.4 Million euro | -9.3% |
| 2017 | 178.2 Million euro | +11.1% |
| 2018 | 185.5 Million euro | +4.1% |
| 2019 | 198.3 Million euro | +6.9% |
| 2020 | 175.5 Million euro | -11.5% |
| 2021 | 186.3 Million euro | +6.2% |
| 2022 | 210.8 Million euro | +13.2% |
| 2023 | 231.9 Million euro | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 140.86 Million euro | 85.7 Million euro | 192.8 Million euro | 10 |
| 2010s | 182.71 Million euro | 160.4 Million euro | 198.3 Million euro | 10 |
| 2020s | 201.12 Million euro | 175.5 Million euro | 231.9 Million euro | 4 |
More economy & growth data for El Hierro
- Average annual population to calculate regional GDP data (thousand) 11.9 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 218 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 693 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 693 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in El Hierro?
- Gross domestic product (gdp) at current market prices by nuts 3 region in El Hierro was 231.9 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 El Hierro?
- The highest recorded value was 231.9 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in El Hierro?
- The lowest recorded value was 85.7 Million euro in 2000.
- How does El Hierro rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- El Hierro ranks 1656th 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 El Hierro?
- Over the last ten years it is up 33.0%. The long-run trend across the full record is rising.
- Where does this El Hierro 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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