Gross domestic product (GDP) at current market prices by NUTS 3 region in Palencia
Palencia: Gross domestic product (GDP) at current market prices by NUTS 3 region was 5,048 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Palencia, 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 Palencia is 5,048 Million euro, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 7.1% on the previous year and up 33.9% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Palencia peaked at 5,048 Million euro in 2023 and was at its lowest, 2,560 Million euro, in 2000.
That places Palencia 1202nd out of 1664 regions with data for 2023, putting it 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 Palencia, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 2,560 Million euro | — |
| 2001 | 2,734 Million euro | +6.8% |
| 2002 | 3,021 Million euro | +10.5% |
| 2003 | 3,234 Million euro | +7.0% |
| 2004 | 3,418 Million euro | +5.7% |
| 2005 | 3,638 Million euro | +6.4% |
| 2006 | 3,813 Million euro | +4.8% |
| 2007 | 4,180 Million euro | +9.6% |
| 2008 | 4,281 Million euro | +2.4% |
| 2009 | 4,092 Million euro | -4.4% |
| 2010 | 4,031 Million euro | -1.5% |
| 2011 | 4,051 Million euro | +0.5% |
| 2012 | 3,815 Million euro | -5.8% |
| 2013 | 3,770 Million euro | -1.2% |
| 2014 | 3,732 Million euro | -1.0% |
| 2015 | 3,935 Million euro | +5.5% |
| 2016 | 4,172 Million euro | +6.0% |
| 2017 | 4,070 Million euro | -2.4% |
| 2018 | 4,375 Million euro | +7.5% |
| 2019 | 4,418 Million euro | +1.0% |
| 2020 | 4,042 Million euro | -8.5% |
| 2021 | 4,327 Million euro | +7.0% |
| 2022 | 4,713 Million euro | +8.9% |
| 2023 | 5,048 Million euro | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,497 Million euro | 2,560 Million euro | 4,281 Million euro | 10 |
| 2010s | 4,037 Million euro | 3,732 Million euro | 4,418 Million euro | 10 |
| 2020s | 4,533 Million euro | 4,042 Million euro | 5,048 Million euro | 4 |
More economy & growth data for Palencia
- Average annual population to calculate regional GDP data (thousand) 158.3 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 4,606 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 10,351 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 10,351 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Palencia?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Palencia was 5,048 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 Palencia?
- The highest recorded value was 5,048 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Palencia?
- The lowest recorded value was 2,560 Million euro in 2000.
- How does Palencia rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Palencia ranks 1202nd 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 Palencia?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is rising.
- Where does this Palencia 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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