Gross domestic product (GDP) at current market prices by NUTS 3 region in Fermo
Fermo: Gross domestic product (GDP) at current market prices by NUTS 3 region was 4,919 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Fermo, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in Fermo stood at 4,919 Million euro. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 18.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Fermo peaked at 4,919 Million euro in 2023 and was at its lowest, 3,389 Million euro, in 2000.
That places Fermo 1219th out of 1664 regions with data for 2023, putting it in the middle of the range.
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 Fermo, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 3,389 Million euro | — |
| 2001 | 3,605 Million euro | +6.4% |
| 2002 | 3,855 Million euro | +6.9% |
| 2003 | 4,026 Million euro | +4.4% |
| 2004 | 4,224 Million euro | +4.9% |
| 2005 | 4,190 Million euro | -0.8% |
| 2006 | 4,229 Million euro | +0.9% |
| 2007 | 4,469 Million euro | +5.7% |
| 2008 | 4,299 Million euro | -3.8% |
| 2009 | 4,185 Million euro | -2.6% |
| 2010 | 4,176 Million euro | -0.2% |
| 2011 | 4,174 Million euro | -0.0% |
| 2012 | 4,196 Million euro | +0.5% |
| 2013 | 4,166 Million euro | -0.7% |
| 2014 | 4,160 Million euro | -0.1% |
| 2015 | 4,171 Million euro | +0.3% |
| 2016 | 4,298 Million euro | +3.0% |
| 2017 | 4,338 Million euro | +0.9% |
| 2018 | 4,315 Million euro | -0.5% |
| 2019 | 4,346 Million euro | +0.7% |
| 2020 | 3,778 Million euro | -13.1% |
| 2021 | 4,196 Million euro | +11.1% |
| 2022 | 4,610 Million euro | +9.9% |
| 2023 | 4,919 Million euro | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4,047 Million euro | 3,389 Million euro | 4,469 Million euro | 10 |
| 2010s | 4,234 Million euro | 4,160 Million euro | 4,346 Million euro | 10 |
| 2020s | 4,376 Million euro | 3,778 Million euro | 4,919 Million euro | 4 |
More economy & growth data for Fermo
- Average annual population to calculate regional GDP data (thousand) 167.6 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 4,419 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 15,607 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 15,607 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Fermo?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Fermo was 4,919 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 Fermo?
- The highest recorded value was 4,919 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Fermo?
- The lowest recorded value was 3,389 Million euro in 2000.
- How does Fermo rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Fermo ranks 1219th 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 Fermo?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Fermo 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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