Gross domestic product (GDP) at current market prices by NUTS 3 region in Mallorca
Mallorca: Gross domestic product (GDP) at current market prices by NUTS 3 region was 33,319 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Mallorca, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gross domestic product (gdp) at current market prices by nuts 3 region in Mallorca is 33,319 Million euro, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 11.6% on the previous year and up 56.2% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Mallorca peaked at 33,319 Million euro in 2023 and was at its lowest, 13,671 Million euro, in 2000.
That places Mallorca 354th out of 1664 regions with data for 2023, putting it in the top 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 Mallorca, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 13,671 Million euro | — |
| 2001 | 14,806 Million euro | +8.3% |
| 2002 | 15,636 Million euro | +5.6% |
| 2003 | 16,358 Million euro | +4.6% |
| 2004 | 17,499 Million euro | +7.0% |
| 2005 | 18,929 Million euro | +8.2% |
| 2006 | 20,560 Million euro | +8.6% |
| 2007 | 22,105 Million euro | +7.5% |
| 2008 | 23,051 Million euro | +4.3% |
| 2009 | 22,099 Million euro | -4.1% |
| 2010 | 22,020 Million euro | -0.4% |
| 2011 | 21,810 Million euro | -1.0% |
| 2012 | 21,372 Million euro | -2.0% |
| 2013 | 21,327 Million euro | -0.2% |
| 2014 | 21,950 Million euro | +2.9% |
| 2015 | 23,182 Million euro | +5.6% |
| 2016 | 24,424 Million euro | +5.4% |
| 2017 | 25,642 Million euro | +5.0% |
| 2018 | 26,786 Million euro | +4.5% |
| 2019 | 27,741 Million euro | +3.6% |
| 2020 | 21,902 Million euro | -21.0% |
| 2021 | 24,738 Million euro | +12.9% |
| 2022 | 29,860 Million euro | +20.7% |
| 2023 | 33,319 Million euro | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18,471 Million euro | 13,671 Million euro | 23,051 Million euro | 10 |
| 2010s | 23,625 Million euro | 21,327 Million euro | 27,741 Million euro | 10 |
| 2020s | 27,455 Million euro | 21,902 Million euro | 33,319 Million euro | 4 |
More economy & growth data for Mallorca
- Average annual population to calculate regional GDP data (thousand) 962.4 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 30,367 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 85,339 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 85,339 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Mallorca?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Mallorca was 33,319 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 Mallorca?
- The highest recorded value was 33,319 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Mallorca?
- The lowest recorded value was 13,671 Million euro in 2000.
- How does Mallorca rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Mallorca ranks 354th 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 Mallorca?
- Over the last ten years it is up 56.2%. The long-run trend across the full record is rising.
- Where does this Mallorca 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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