Gross domestic product (GDP) at current market prices by NUTS 3 region in Essen, Kreisfreie Stadt
Essen, Kreisfreie Stadt: Gross domestic product (GDP) at current market prices by NUTS 3 region was 31,288 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Essen, Kreisfreie Stadt, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Essen, Kreisfreie Stadt recorded 31,288 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.
The figure is up 5.4% on the previous year and up 39.4% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Essen, Kreisfreie Stadt peaked at 31,288 Million euro in 2023 and was at its lowest, 17,768 Million euro, in 2000.
Essen, Kreisfreie Stadt ranks 371st 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 Essen, Kreisfreie Stadt, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 17,768 Million euro | — |
| 2001 | 18,421 Million euro | +3.7% |
| 2002 | 18,660 Million euro | +1.3% |
| 2003 | 19,342 Million euro | +3.7% |
| 2004 | 19,316 Million euro | -0.1% |
| 2005 | 18,774 Million euro | -2.8% |
| 2006 | 19,636 Million euro | +4.6% |
| 2007 | 21,087 Million euro | +7.4% |
| 2008 | 22,984 Million euro | +9.0% |
| 2009 | 22,906 Million euro | -0.3% |
| 2010 | 23,394 Million euro | +2.1% |
| 2011 | 23,647 Million euro | +1.1% |
| 2012 | 22,434 Million euro | -5.1% |
| 2013 | 22,445 Million euro | +0.1% |
| 2014 | 23,190 Million euro | +3.3% |
| 2015 | 23,715 Million euro | +2.3% |
| 2016 | 24,132 Million euro | +1.8% |
| 2017 | 24,967 Million euro | +3.5% |
| 2018 | 25,593 Million euro | +2.5% |
| 2019 | 26,297 Million euro | +2.8% |
| 2020 | 26,186 Million euro | -0.4% |
| 2021 | 26,862 Million euro | +2.6% |
| 2022 | 29,689 Million euro | +10.5% |
| 2023 | 31,288 Million euro | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19,890 Million euro | 17,768 Million euro | 22,984 Million euro | 10 |
| 2010s | 23,981 Million euro | 22,434 Million euro | 26,297 Million euro | 10 |
| 2020s | 28,506 Million euro | 26,186 Million euro | 31,288 Million euro | 4 |
More economy & growth data for Essen, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 573.16 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 28,578 Current prices, million euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Essen, Kreisfreie Stadt?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Essen, Kreisfreie Stadt was 31,288 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 Essen, Kreisfreie Stadt?
- The highest recorded value was 31,288 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Essen, Kreisfreie Stadt?
- The lowest recorded value was 17,768 Million euro in 2000.
- How does Essen, Kreisfreie Stadt rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Essen, Kreisfreie Stadt ranks 371st 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 Essen, Kreisfreie Stadt?
- Over the last ten years it is up 39.4%. The long-run trend across the full record is rising.
- Where does this Essen, Kreisfreie Stadt 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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