Gross domestic product (GDP) at current market prices by NUTS 3 region in Lugo
Lugo: Gross domestic product (GDP) at current market prices by NUTS 3 region was 9,406 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Lugo, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Lugo recorded 9,406 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 9.8% on the previous year and up 35.9% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Lugo peaked at 9,406 Million euro in 2023 and was at its lowest, 4,272 Million euro, in 2000.
Lugo ranks 863rd 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 Lugo, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 4,272 Million euro | — |
| 2001 | 4,632 Million euro | +8.4% |
| 2002 | 4,808 Million euro | +3.8% |
| 2003 | 5,127 Million euro | +6.6% |
| 2004 | 5,471 Million euro | +6.7% |
| 2005 | 6,124 Million euro | +11.9% |
| 2006 | 6,572 Million euro | +7.3% |
| 2007 | 6,903 Million euro | +5.0% |
| 2008 | 7,032 Million euro | +1.9% |
| 2009 | 6,744 Million euro | -4.1% |
| 2010 | 6,993 Million euro | +3.7% |
| 2011 | 6,999 Million euro | +0.1% |
| 2012 | 6,882 Million euro | -1.7% |
| 2013 | 6,921 Million euro | +0.6% |
| 2014 | 7,112 Million euro | +2.8% |
| 2015 | 7,496 Million euro | +5.4% |
| 2016 | 7,473 Million euro | -0.3% |
| 2017 | 7,459 Million euro | -0.2% |
| 2018 | 7,769 Million euro | +4.2% |
| 2019 | 7,823 Million euro | +0.7% |
| 2020 | 6,945 Million euro | -11.2% |
| 2021 | 7,638 Million euro | +10.0% |
| 2022 | 8,568 Million euro | +12.2% |
| 2023 | 9,406 Million euro | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,768 Million euro | 4,272 Million euro | 7,032 Million euro | 10 |
| 2010s | 7,293 Million euro | 6,882 Million euro | 7,823 Million euro | 10 |
| 2020s | 8,139 Million euro | 6,945 Million euro | 9,406 Million euro | 4 |
More economy & growth data for Lugo
- Average annual population to calculate regional GDP data (thousand) 325.4 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 8,584 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 25,987 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 25,987 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Lugo?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Lugo was 9,406 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 Lugo?
- The highest recorded value was 9,406 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Lugo?
- The lowest recorded value was 4,272 Million euro in 2000.
- How does Lugo rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Lugo ranks 863rd 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 Lugo?
- Over the last ten years it is up 35.9%. The long-run trend across the full record is rising.
- Where does this Lugo 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).