Gross domestic product (GDP) at current market prices by NUTS 3 region in Herford
Herford: Gross domestic product (GDP) at current market prices by NUTS 3 region was 10,155 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Herford, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Herford recorded 10,155 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.
That represents a change of up 3.7% on the previous year and up 35.5% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Herford peaked at 10,155 Million euro in 2023 and was at its lowest, 6,271 Million euro, in 2000.
Herford ranks 825th of 1664 regions on this measure, 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 Herford, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 6,271 Million euro | — |
| 2001 | 6,285 Million euro | +0.2% |
| 2002 | 6,448 Million euro | +2.6% |
| 2003 | 6,520 Million euro | +1.1% |
| 2004 | 6,560 Million euro | +0.6% |
| 2005 | 6,677 Million euro | +1.8% |
| 2006 | 6,627 Million euro | -0.7% |
| 2007 | 6,927 Million euro | +4.5% |
| 2008 | 6,900 Million euro | -0.4% |
| 2009 | 6,685 Million euro | -3.1% |
| 2010 | 6,755 Million euro | +1.1% |
| 2011 | 7,062 Million euro | +4.5% |
| 2012 | 7,244 Million euro | +2.6% |
| 2013 | 7,493 Million euro | +3.4% |
| 2014 | 7,777 Million euro | +3.8% |
| 2015 | 8,097 Million euro | +4.1% |
| 2016 | 8,270 Million euro | +2.1% |
| 2017 | 8,537 Million euro | +3.2% |
| 2018 | 8,676 Million euro | +1.6% |
| 2019 | 8,996 Million euro | +3.7% |
| 2020 | 8,875 Million euro | -1.3% |
| 2021 | 9,269 Million euro | +4.4% |
| 2022 | 9,790 Million euro | +5.6% |
| 2023 | 10,155 Million euro | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,590 Million euro | 6,271 Million euro | 6,927 Million euro | 10 |
| 2010s | 7,891 Million euro | 6,755 Million euro | 8,996 Million euro | 10 |
| 2020s | 9,522 Million euro | 8,875 Million euro | 10,155 Million euro | 4 |
More economy & growth data for Herford
- Average annual population to calculate regional GDP data (thousand) 254.77 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 9,276 Current prices, million euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Herford?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Herford was 10,155 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 Herford?
- The highest recorded value was 10,155 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Herford?
- The lowest recorded value was 6,271 Million euro in 2000.
- How does Herford rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Herford ranks 825th 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 Herford?
- Over the last ten years it is up 35.5%. The long-run trend across the full record is rising.
- Where does this Herford 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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