Gross domestic product (GDP) at current market prices by NUTS 3 region in Rīga
Rīga: Gross domestic product (GDP) at current market prices by NUTS 3 region was 26,049 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Rīga, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
Rīga recorded 26,049 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 11.7% on the previous year and up 82.0% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Rīga peaked at 26,049 Million euro in 2023 and was at its lowest, 5,208 Million euro, in 2000.
Rīga ranks 436th of 1664 regions on this measure, 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 Rīga, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 5,208 Million euro | — |
| 2001 | 5,693 Million euro | +9.3% |
| 2002 | 6,094 Million euro | +7.0% |
| 2003 | 6,259 Million euro | +2.7% |
| 2004 | 7,035 Million euro | +12.4% |
| 2005 | 8,376 Million euro | +19.1% |
| 2006 | 10,575 Million euro | +26.2% |
| 2007 | 13,821 Million euro | +30.7% |
| 2008 | 14,920 Million euro | +8.0% |
| 2009 | 11,791 Million euro | -21.0% |
| 2010 | 11,234 Million euro | -4.7% |
| 2011 | 11,973 Million euro | +6.6% |
| 2012 | 13,623 Million euro | +13.8% |
| 2013 | 14,311 Million euro | +5.0% |
| 2014 | 14,896 Million euro | +4.1% |
| 2015 | 15,670 Million euro | +5.2% |
| 2016 | 16,231 Million euro | +3.6% |
| 2017 | 17,203 Million euro | +6.0% |
| 2018 | 18,538 Million euro | +7.8% |
| 2019 | 19,431 Million euro | +4.8% |
| 2020 | 18,836 Million euro | -3.1% |
| 2021 | 20,935 Million euro | +11.1% |
| 2022 | 23,314 Million euro | +11.4% |
| 2023 | 26,049 Million euro | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,977 Million euro | 5,208 Million euro | 14,920 Million euro | 10 |
| 2010s | 15,311 Million euro | 11,234 Million euro | 19,431 Million euro | 10 |
| 2020s | 22,283 Million euro | 18,836 Million euro | 26,049 Million euro | 4 |
More economy & growth data for Rīga
- Average annual population to calculate regional GDP data (thousand) 855.74 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 22,904 Current prices, million euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Rīga?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Rīga was 26,049 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 Rīga?
- The highest recorded value was 26,049 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Rīga?
- The lowest recorded value was 5,208 Million euro in 2000.
- How does Rīga rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Rīga ranks 436th 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 Rīga?
- Over the last ten years it is up 82.0%. The long-run trend across the full record is rising.
- Where does this Rīga 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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