Gross domestic product (GDP) at current market prices by NUTS 3 region in Graz
Graz: Gross domestic product (GDP) at current market prices by NUTS 3 region was 27,719 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Graz, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Graz recorded 27,719 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 5.4% on the previous year and up 51.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Graz peaked at 27,719 Million euro in 2023 and was at its lowest, 11,963 Million euro, in 2000.
Graz ranks 402nd 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 Graz, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 11,963 Million euro | — |
| 2001 | 12,327 Million euro | +3.0% |
| 2002 | 12,506 Million euro | +1.5% |
| 2003 | 13,169 Million euro | +5.3% |
| 2004 | 13,918 Million euro | +5.7% |
| 2005 | 14,442 Million euro | +3.8% |
| 2006 | 15,247 Million euro | +5.6% |
| 2007 | 16,196 Million euro | +6.2% |
| 2008 | 16,744 Million euro | +3.4% |
| 2009 | 16,495 Million euro | -1.5% |
| 2010 | 16,609 Million euro | +0.7% |
| 2011 | 17,640 Million euro | +6.2% |
| 2012 | 18,375 Million euro | +4.2% |
| 2013 | 18,346 Million euro | -0.2% |
| 2014 | 19,020 Million euro | +3.7% |
| 2015 | 19,649 Million euro | +3.3% |
| 2016 | 20,719 Million euro | +5.4% |
| 2017 | 21,746 Million euro | +5.0% |
| 2018 | 22,572 Million euro | +3.8% |
| 2019 | 23,594 Million euro | +4.5% |
| 2020 | 22,692 Million euro | -3.8% |
| 2021 | 24,303 Million euro | +7.1% |
| 2022 | 26,289 Million euro | +8.2% |
| 2023 | 27,719 Million euro | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14,300 Million euro | 11,963 Million euro | 16,744 Million euro | 10 |
| 2010s | 19,827 Million euro | 16,609 Million euro | 23,594 Million euro | 10 |
| 2020s | 25,251 Million euro | 22,692 Million euro | 27,719 Million euro | 4 |
More economy & growth data for Graz
- Average annual population to calculate regional GDP data (thousand) 467.9 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 24,923 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 29,719 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 29,719 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Graz?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Graz was 27,719 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 Graz?
- The highest recorded value was 27,719 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Graz?
- The lowest recorded value was 11,963 Million euro in 2000.
- How does Graz rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Graz ranks 402nd 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 Graz?
- Over the last ten years it is up 51.1%. The long-run trend across the full record is rising.
- Where does this Graz 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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