Gross domestic product (GDP) at current market prices by NUTS 3 region in Verbano-Cusio-Ossola
Verbano-Cusio-Ossola: Gross domestic product (GDP) at current market prices by NUTS 3 region was 4,463 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Verbano-Cusio-Ossola, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gross domestic product (gdp) at current market prices by nuts 3 region in Verbano-Cusio-Ossola is 4,463 Million euro, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 4.8% on the previous year and up 19.0% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Verbano-Cusio-Ossola peaked at 4,463 Million euro in 2023 and was at its lowest, 2,946 Million euro, in 2000.
That places Verbano-Cusio-Ossola 1259th out of 1664 regions with data for 2023, putting it in the bottom 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 Verbano-Cusio-Ossola, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 2,946 Million euro | — |
| 2001 | 3,096 Million euro | +5.1% |
| 2002 | 3,233 Million euro | +4.4% |
| 2003 | 3,355 Million euro | +3.8% |
| 2004 | 3,439 Million euro | +2.5% |
| 2005 | 3,588 Million euro | +4.3% |
| 2006 | 3,823 Million euro | +6.6% |
| 2007 | 3,858 Million euro | +0.9% |
| 2008 | 3,640 Million euro | -5.7% |
| 2009 | 3,479 Million euro | -4.4% |
| 2010 | 3,628 Million euro | +4.3% |
| 2011 | 3,737 Million euro | +3.0% |
| 2012 | 3,722 Million euro | -0.4% |
| 2013 | 3,749 Million euro | +0.7% |
| 2014 | 3,706 Million euro | -1.1% |
| 2015 | 3,716 Million euro | +0.3% |
| 2016 | 3,768 Million euro | +1.4% |
| 2017 | 3,903 Million euro | +3.6% |
| 2018 | 3,893 Million euro | -0.3% |
| 2019 | 3,981 Million euro | +2.3% |
| 2020 | 3,531 Million euro | -11.3% |
| 2021 | 3,919 Million euro | +11.0% |
| 2022 | 4,260 Million euro | +8.7% |
| 2023 | 4,463 Million euro | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,446 Million euro | 2,946 Million euro | 3,858 Million euro | 10 |
| 2010s | 3,780 Million euro | 3,628 Million euro | 3,981 Million euro | 10 |
| 2020s | 4,043 Million euro | 3,531 Million euro | 4,463 Million euro | 4 |
More economy & growth data for Verbano-Cusio-Ossola
- Average annual population to calculate regional GDP data (thousand) 153.9 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 4,009 Current prices, million euro (2023)
- Business demography by size class and NUTS 3 region 11,407 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 11,407 (2020)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Verbano-Cusio-Ossola?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Verbano-Cusio-Ossola was 4,463 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 Verbano-Cusio-Ossola?
- The highest recorded value was 4,463 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Verbano-Cusio-Ossola?
- The lowest recorded value was 2,946 Million euro in 2000.
- How does Verbano-Cusio-Ossola rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Verbano-Cusio-Ossola ranks 1259th 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 Verbano-Cusio-Ossola?
- Over the last ten years it is up 19.0%. The long-run trend across the full record is rising.
- Where does this Verbano-Cusio-Ossola 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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