Gross domestic product (GDP) at current market prices by NUTS 3 region in Stormarn
Stormarn: Gross domestic product (GDP) at current market prices by NUTS 3 region was 10,457 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Stormarn, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in Stormarn stood at 10,457 Million euro. That is the highest value across all 24 years on record.
That represents a change of up 2.4% on the previous year and up 53.1% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Stormarn peaked at 10,457 Million euro in 2023 and was at its lowest, 5,212 Million euro, in 2002.
That places Stormarn 800th 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 Stormarn, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 5,223 Million euro | — |
| 2001 | 5,302 Million euro | +1.5% |
| 2002 | 5,212 Million euro | -1.7% |
| 2003 | 5,264 Million euro | +1.0% |
| 2004 | 5,686 Million euro | +8.0% |
| 2005 | 5,929 Million euro | +4.3% |
| 2006 | 5,975 Million euro | +0.8% |
| 2007 | 6,165 Million euro | +3.2% |
| 2008 | 6,553 Million euro | +6.3% |
| 2009 | 6,284 Million euro | -4.1% |
| 2010 | 6,434 Million euro | +2.4% |
| 2011 | 6,646 Million euro | +3.3% |
| 2012 | 6,951 Million euro | +4.6% |
| 2013 | 6,832 Million euro | -1.7% |
| 2014 | 7,265 Million euro | +6.3% |
| 2015 | 7,512 Million euro | +3.4% |
| 2016 | 7,864 Million euro | +4.7% |
| 2017 | 8,243 Million euro | +4.8% |
| 2018 | 8,381 Million euro | +1.7% |
| 2019 | 8,661 Million euro | +3.3% |
| 2020 | 8,934 Million euro | +3.2% |
| 2021 | 9,155 Million euro | +2.5% |
| 2022 | 10,216 Million euro | +11.6% |
| 2023 | 10,457 Million euro | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,759 Million euro | 5,212 Million euro | 6,553 Million euro | 10 |
| 2010s | 7,479 Million euro | 6,434 Million euro | 8,661 Million euro | 10 |
| 2020s | 9,690 Million euro | 8,934 Million euro | 10,457 Million euro | 4 |
More economy & growth data for Stormarn
- Average annual population to calculate regional GDP data (thousand) 246.01 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 9,551 Current prices, million euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Stormarn?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Stormarn was 10,457 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 Stormarn?
- The highest recorded value was 10,457 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Stormarn?
- The lowest recorded value was 5,212 Million euro in 2002.
- How does Stormarn rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Stormarn ranks 800th 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 Stormarn?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is rising.
- Where does this Stormarn 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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