Gross domestic product (GDP) at current market prices by NUTS 3 region in Remscheid, Kreisfreie Stadt
Remscheid, Kreisfreie Stadt: Gross domestic product (GDP) at current market prices by NUTS 3 region was 4,899 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Remscheid, Kreisfreie Stadt, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Remscheid, Kreisfreie Stadt recorded 4,899 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 8.3% on the previous year and up 34.2% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Remscheid, Kreisfreie Stadt peaked at 4,899 Million euro in 2023 and was at its lowest, 3,081 Million euro, in 2002.
That places Remscheid, Kreisfreie Stadt 1221st 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 Remscheid, Kreisfreie Stadt, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 3,176 Million euro | — |
| 2001 | 3,209 Million euro | +1.1% |
| 2002 | 3,081 Million euro | -4.0% |
| 2003 | 3,303 Million euro | +7.2% |
| 2004 | 3,235 Million euro | -2.1% |
| 2005 | 3,235 Million euro | +0.0% |
| 2006 | 3,345 Million euro | +3.4% |
| 2007 | 3,478 Million euro | +4.0% |
| 2008 | 3,549 Million euro | +2.0% |
| 2009 | 3,146 Million euro | -11.3% |
| 2010 | 3,310 Million euro | +5.2% |
| 2011 | 3,611 Million euro | +9.1% |
| 2012 | 3,680 Million euro | +1.9% |
| 2013 | 3,651 Million euro | -0.8% |
| 2014 | 3,862 Million euro | +5.8% |
| 2015 | 3,862 Million euro | -0.0% |
| 2016 | 3,935 Million euro | +1.9% |
| 2017 | 4,081 Million euro | +3.7% |
| 2018 | 4,182 Million euro | +2.5% |
| 2019 | 4,411 Million euro | +5.5% |
| 2020 | 4,224 Million euro | -4.2% |
| 2021 | 4,449 Million euro | +5.3% |
| 2022 | 4,525 Million euro | +1.7% |
| 2023 | 4,899 Million euro | +8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,276 Million euro | 3,081 Million euro | 3,549 Million euro | 10 |
| 2010s | 3,859 Million euro | 3,310 Million euro | 4,411 Million euro | 10 |
| 2020s | 4,524 Million euro | 4,224 Million euro | 4,899 Million euro | 4 |
More economy & growth data for Remscheid, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 113.9 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 4,475 Current prices, million euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Remscheid, Kreisfreie Stadt?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Remscheid, Kreisfreie Stadt was 4,899 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 Remscheid, Kreisfreie Stadt?
- The highest recorded value was 4,899 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Remscheid, Kreisfreie Stadt?
- The lowest recorded value was 3,081 Million euro in 2002.
- How does Remscheid, Kreisfreie Stadt rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Remscheid, Kreisfreie Stadt ranks 1221st 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 Remscheid, Kreisfreie Stadt?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- Where does this Remscheid, Kreisfreie Stadt 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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