Gross domestic product (GDP) at current market prices by NUTS 3 region in La Palma
La Palma: Gross domestic product (GDP) at current market prices by NUTS 3 region was 1,863 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in La Palma, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in La Palma stood at 1,863 Million euro. That is the highest value across all 24 years on record.
That represents a change of up 11.2% on the previous year and up 35.2% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in La Palma peaked at 1,863 Million euro in 2023 and was at its lowest, 848.4 Million euro, in 2000.
That places La Palma 1545th out of 1664 regions with data for 2023, putting it in the bottom 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 La Palma, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 848.4 Million euro | — |
| 2001 | 897.7 Million euro | +5.8% |
| 2002 | 965.5 Million euro | +7.6% |
| 2003 | 1,063 Million euro | +10.1% |
| 2004 | 1,120 Million euro | +5.4% |
| 2005 | 1,255 Million euro | +12.1% |
| 2006 | 1,354 Million euro | +7.9% |
| 2007 | 1,414 Million euro | +4.5% |
| 2008 | 1,543 Million euro | +9.1% |
| 2009 | 1,539 Million euro | -0.3% |
| 2010 | 1,556 Million euro | +1.2% |
| 2011 | 1,518 Million euro | -2.5% |
| 2012 | 1,439 Million euro | -5.2% |
| 2013 | 1,378 Million euro | -4.2% |
| 2014 | 1,387 Million euro | +0.6% |
| 2015 | 1,416 Million euro | +2.1% |
| 2016 | 1,388 Million euro | -2.0% |
| 2017 | 1,481 Million euro | +6.7% |
| 2018 | 1,526 Million euro | +3.0% |
| 2019 | 1,588 Million euro | +4.1% |
| 2020 | 1,407 Million euro | -11.4% |
| 2021 | 1,474 Million euro | +4.7% |
| 2022 | 1,675 Million euro | +13.7% |
| 2023 | 1,863 Million euro | +11.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,200 Million euro | 848.4 Million euro | 1,543 Million euro | 10 |
| 2010s | 1,468 Million euro | 1,378 Million euro | 1,588 Million euro | 10 |
| 2020s | 1,605 Million euro | 1,407 Million euro | 1,863 Million euro | 4 |
More economy & growth data for La Palma
- Average annual population to calculate regional GDP data (thousand) 85.9 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 1,753 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 5,629 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 5,629 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in La Palma?
- Gross domestic product (gdp) at current market prices by nuts 3 region in La Palma was 1,863 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 La Palma?
- The highest recorded value was 1,863 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in La Palma?
- The lowest recorded value was 848.4 Million euro in 2000.
- How does La Palma rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- La Palma ranks 1545th 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 La Palma?
- Over the last ten years it is up 35.2%. The long-run trend across the full record is rising.
- Where does this La Palma 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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