Gross domestic product (GDP) at current market prices by NUTS 3 region in Latgale
Latgale: Gross domestic product (GDP) at current market prices by NUTS 3 region was 2,822 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Latgale, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in Latgale stood at 2,822 Million euro. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 72.3% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Latgale peaked at 2,822 Million euro in 2023 and was at its lowest, 647.39 Million euro, in 2000.
Latgale ranks 1443rd of 1664 regions on this measure, 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 Latgale, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 647.39 Million euro | — |
| 2001 | 702.05 Million euro | +8.4% |
| 2002 | 745.03 Million euro | +6.1% |
| 2003 | 742.38 Million euro | -0.4% |
| 2004 | 856.68 Million euro | +15.4% |
| 2005 | 975.45 Million euro | +13.9% |
| 2006 | 1,227 Million euro | +25.8% |
| 2007 | 1,643 Million euro | +33.9% |
| 2008 | 1,813 Million euro | +10.3% |
| 2009 | 1,405 Million euro | -22.5% |
| 2010 | 1,292 Million euro | -8.1% |
| 2011 | 1,446 Million euro | +12.0% |
| 2012 | 1,614 Million euro | +11.6% |
| 2013 | 1,638 Million euro | +1.5% |
| 2014 | 1,666 Million euro | +1.7% |
| 2015 | 1,670 Million euro | +0.2% |
| 2016 | 1,666 Million euro | -0.2% |
| 2017 | 1,783 Million euro | +7.0% |
| 2018 | 1,960 Million euro | +9.9% |
| 2019 | 2,067 Million euro | +5.5% |
| 2020 | 2,135 Million euro | +3.3% |
| 2021 | 2,280 Million euro | +6.8% |
| 2022 | 2,682 Million euro | +17.6% |
| 2023 | 2,822 Million euro | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,076 Million euro | 647.39 Million euro | 1,813 Million euro | 10 |
| 2010s | 1,680 Million euro | 1,292 Million euro | 2,067 Million euro | 10 |
| 2020s | 2,480 Million euro | 2,135 Million euro | 2,822 Million euro | 4 |
More economy & growth data for Latgale
- Average annual population to calculate regional GDP data (thousand) 244.65 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 2,482 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 11,046 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 11,046 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Latgale?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Latgale was 2,822 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 Latgale?
- The highest recorded value was 2,822 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Latgale?
- The lowest recorded value was 647.39 Million euro in 2000.
- How does Latgale rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Latgale ranks 1443rd 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 Latgale?
- Over the last ten years it is up 72.3%. The long-run trend across the full record is rising.
- Where does this Latgale 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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