Gross domestic product (GDP) at current market prices by NUTS 3 region in Kars
Kars: Gross domestic product (GDP) at current market prices by NUTS 3 region was 2,339 Million euro in 2024. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Kars, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
Kars recorded 2,339 Million euro for gross domestic product (gdp) at current market prices by nuts 3 region in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 27.9% on the previous year and up 77.2% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Kars peaked at 2,339 Million euro in 2024 and was at its lowest, 414.56 Million euro, in 2001.
Kars ranks 1493rd of 1664 regions on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) at current market prices by NUTS 3 region in Kars, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 541.26 Million euro | — |
| 2001 | 414.56 Million euro | -23.4% |
| 2002 | 480.41 Million euro | +15.9% |
| 2003 | 561.25 Million euro | +16.8% |
| 2004 | 643.92 Million euro | +14.7% |
| 2005 | 777.49 Million euro | +20.7% |
| 2006 | 856.62 Million euro | +10.2% |
| 2007 | 935.89 Million euro | +9.3% |
| 2008 | 975.43 Million euro | +4.2% |
| 2009 | 888.13 Million euro | -8.9% |
| 2010 | 1,198 Million euro | +34.9% |
| 2011 | 1,195 Million euro | -0.3% |
| 2012 | 1,437 Million euro | +20.3% |
| 2013 | 1,451 Million euro | +1.0% |
| 2014 | 1,320 Million euro | -9.0% |
| 2015 | 1,531 Million euro | +16.0% |
| 2016 | 1,556 Million euro | +1.6% |
| 2017 | 1,471 Million euro | -5.5% |
| 2018 | 1,195 Million euro | -18.7% |
| 2019 | 1,244 Million euro | +4.1% |
| 2020 | 1,193 Million euro | -4.1% |
| 2021 | 1,101 Million euro | -7.7% |
| 2022 | 1,324 Million euro | +20.3% |
| 2023 | 1,829 Million euro | +38.1% |
| 2024 | 2,339 Million euro | +27.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 707.5 Million euro | 414.56 Million euro | 975.43 Million euro | 10 |
| 2010s | 1,360 Million euro | 1,195 Million euro | 1,556 Million euro | 10 |
| 2020s | 1,557 Million euro | 1,101 Million euro | 2,339 Million euro | 5 |
More economy & growth data for Kars
- Average annual population to calculate regional GDP data (thousand) 275.47 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 2,078 Current prices, million euro (2024)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Kars?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Kars was 2,339 Million euro in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Kars?
- The highest recorded value was 2,339 Million euro in 2024.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Kars?
- The lowest recorded value was 414.56 Million euro in 2001.
- How does Kars rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Kars ranks 1493rd out of 1664 regions with data for 2024.
- Is gross domestic product (gdp) at current market prices by nuts 3 region rising or falling in Kars?
- Over the last ten years it is up 77.2%. The long-run trend across the full record is rising.
- Where does this Kars 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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