Gross domestic product (GDP) at current market prices by NUTS 3 region in Palermo
Palermo: Gross domestic product (GDP) at current market prices by NUTS 3 region was 28,743 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Palermo, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in Palermo stood at 28,743 Million euro. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 28.9% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Palermo peaked at 28,743 Million euro in 2023 and was at its lowest, 16,029 Million euro, in 2000.
That places Palermo 393rd 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 Palermo, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 16,029 Million euro | — |
| 2001 | 18,014 Million euro | +12.4% |
| 2002 | 18,486 Million euro | +2.6% |
| 2003 | 19,075 Million euro | +3.2% |
| 2004 | 19,834 Million euro | +4.0% |
| 2005 | 20,988 Million euro | +5.8% |
| 2006 | 21,839 Million euro | +4.1% |
| 2007 | 22,368 Million euro | +2.4% |
| 2008 | 23,608 Million euro | +5.5% |
| 2009 | 23,279 Million euro | -1.4% |
| 2010 | 23,268 Million euro | -0.0% |
| 2011 | 22,832 Million euro | -1.9% |
| 2012 | 22,449 Million euro | -1.7% |
| 2013 | 22,302 Million euro | -0.7% |
| 2014 | 22,157 Million euro | -0.6% |
| 2015 | 22,816 Million euro | +3.0% |
| 2016 | 22,794 Million euro | -0.1% |
| 2017 | 23,297 Million euro | +2.2% |
| 2018 | 23,305 Million euro | +0.0% |
| 2019 | 23,592 Million euro | +1.2% |
| 2020 | 22,122 Million euro | -6.2% |
| 2021 | 24,337 Million euro | +10.0% |
| 2022 | 26,402 Million euro | +8.5% |
| 2023 | 28,743 Million euro | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,352 Million euro | 16,029 Million euro | 23,608 Million euro | 10 |
| 2010s | 22,881 Million euro | 22,157 Million euro | 23,592 Million euro | 10 |
| 2020s | 25,401 Million euro | 22,122 Million euro | 28,743 Million euro | 4 |
More economy & growth data for Palermo
- Average annual population to calculate regional GDP data (thousand) 1,202 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 25,821 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 63,896 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 63,896 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Palermo?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Palermo was 28,743 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 Palermo?
- The highest recorded value was 28,743 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Palermo?
- The lowest recorded value was 16,029 Million euro in 2000.
- How does Palermo rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Palermo ranks 393rd 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 Palermo?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is rising.
- Where does this Palermo 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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