Gross domestic product (GDP) at current market prices by NUTS 3 region in Tenerife
Tenerife: Gross domestic product (GDP) at current market prices by NUTS 3 region was 23,327 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Tenerife, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in Tenerife stood at 23,327 Million euro. That is the highest value across all 24 years on record.
That represents a change of up 10.5% on the previous year and up 40.5% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Tenerife peaked at 23,327 Million euro in 2023 and was at its lowest, 10,317 Million euro, in 2000.
That places Tenerife 472nd 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 Tenerife, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 10,317 Million euro | — |
| 2001 | 11,263 Million euro | +9.2% |
| 2002 | 12,115 Million euro | +7.6% |
| 2003 | 13,017 Million euro | +7.4% |
| 2004 | 13,995 Million euro | +7.5% |
| 2005 | 15,168 Million euro | +8.4% |
| 2006 | 16,138 Million euro | +6.4% |
| 2007 | 17,350 Million euro | +7.5% |
| 2008 | 17,874 Million euro | +3.0% |
| 2009 | 16,966 Million euro | -5.1% |
| 2010 | 17,447 Million euro | +2.8% |
| 2011 | 17,415 Million euro | -0.2% |
| 2012 | 16,867 Million euro | -3.1% |
| 2013 | 16,603 Million euro | -1.6% |
| 2014 | 16,773 Million euro | +1.0% |
| 2015 | 17,543 Million euro | +4.6% |
| 2016 | 17,937 Million euro | +2.2% |
| 2017 | 18,902 Million euro | +5.4% |
| 2018 | 19,532 Million euro | +3.3% |
| 2019 | 20,102 Million euro | +2.9% |
| 2020 | 16,519 Million euro | -17.8% |
| 2021 | 18,016 Million euro | +9.1% |
| 2022 | 21,118 Million euro | +17.2% |
| 2023 | 23,327 Million euro | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14,420 Million euro | 10,317 Million euro | 17,874 Million euro | 10 |
| 2010s | 17,912 Million euro | 16,603 Million euro | 20,102 Million euro | 10 |
| 2020s | 19,745 Million euro | 16,519 Million euro | 23,327 Million euro | 4 |
More economy & growth data for Tenerife
- Average annual population to calculate regional GDP data (thousand) 962.2 Thousand (2024)
- Gross value added at basic prices by NUTS 3 region 21,947 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 73,280 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 73,280 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Tenerife?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Tenerife was 23,327 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 Tenerife?
- The highest recorded value was 23,327 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Tenerife?
- The lowest recorded value was 10,317 Million euro in 2000.
- How does Tenerife rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Tenerife ranks 472nd 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 Tenerife?
- Over the last ten years it is up 40.5%. The long-run trend across the full record is rising.
- Where does this Tenerife 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).