Gross domestic product (GDP) at current market prices by NUTS 3 region in Menorca
Menorca: Gross domestic product (GDP) at current market prices by NUTS 3 region was 2,548 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Menorca, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Menorca recorded 2,548 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.
The figure is up 9.4% on the previous year and up 47.0% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Menorca peaked at 2,548 Million euro in 2023 and was at its lowest, 1,243 Million euro, in 2000.
That places Menorca 1467th 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 Menorca, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 1,243 Million euro | — |
| 2001 | 1,326 Million euro | +6.6% |
| 2002 | 1,408 Million euro | +6.2% |
| 2003 | 1,514 Million euro | +7.5% |
| 2004 | 1,612 Million euro | +6.5% |
| 2005 | 1,729 Million euro | +7.2% |
| 2006 | 1,845 Million euro | +6.7% |
| 2007 | 1,926 Million euro | +4.4% |
| 2008 | 1,968 Million euro | +2.2% |
| 2009 | 1,867 Million euro | -5.1% |
| 2010 | 1,853 Million euro | -0.8% |
| 2011 | 1,803 Million euro | -2.7% |
| 2012 | 1,728 Million euro | -4.2% |
| 2013 | 1,733 Million euro | +0.3% |
| 2014 | 1,763 Million euro | +1.7% |
| 2015 | 1,818 Million euro | +3.1% |
| 2016 | 1,894 Million euro | +4.2% |
| 2017 | 1,980 Million euro | +4.5% |
| 2018 | 2,044 Million euro | +3.2% |
| 2019 | 2,082 Million euro | +1.9% |
| 2020 | 1,613 Million euro | -22.5% |
| 2021 | 1,887 Million euro | +17.0% |
| 2022 | 2,329 Million euro | +23.4% |
| 2023 | 2,548 Million euro | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,644 Million euro | 1,243 Million euro | 1,968 Million euro | 10 |
| 2010s | 1,870 Million euro | 1,728 Million euro | 2,082 Million euro | 10 |
| 2020s | 2,095 Million euro | 1,613 Million euro | 2,548 Million euro | 4 |
More economy & growth data for Menorca
- Average annual population to calculate regional GDP data (thousand) 101.7 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 2,316 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 8,501 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 8,501 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Menorca?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Menorca was 2,548 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 Menorca?
- The highest recorded value was 2,548 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Menorca?
- The lowest recorded value was 1,243 Million euro in 2000.
- How does Menorca rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Menorca ranks 1467th 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 Menorca?
- Over the last ten years it is up 47.0%. The long-run trend across the full record is rising.
- Where does this Menorca 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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