Gross domestic product (GDP) at current market prices by NUTS 3 region in Vidzeme
Vidzeme: Gross domestic product (GDP) at current market prices by NUTS 3 region was 3,542 Million euro in 2023. ▲ Rising
Gross domestic product (GDP) at current market prices by NUTS 3 region in Vidzeme, 2000–2023
Source: Eurostat. Measured in Million euro.
Analysis
In 2023, gross domestic product (gdp) at current market prices by nuts 3 region in Vidzeme stood at 3,542 Million euro. That is the highest value across all 24 years on record.
The figure is up 5.8% on the previous year and up 85.5% over ten years.
Over the whole period, gross domestic product (gdp) at current market prices by nuts 3 region in Vidzeme peaked at 3,542 Million euro in 2023 and was at its lowest, 800.75 Million euro, in 2000.
That places Vidzeme 1350th 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 Vidzeme, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 800.75 Million euro | — |
| 2001 | 885.18 Million euro | +10.5% |
| 2002 | 949.8 Million euro | +7.3% |
| 2003 | 932.53 Million euro | -1.8% |
| 2004 | 1,045 Million euro | +12.0% |
| 2005 | 1,182 Million euro | +13.2% |
| 2006 | 1,484 Million euro | +25.5% |
| 2007 | 2,079 Million euro | +40.1% |
| 2008 | 2,107 Million euro | +1.4% |
| 2009 | 1,672 Million euro | -20.7% |
| 2010 | 1,580 Million euro | -5.5% |
| 2011 | 1,720 Million euro | +8.9% |
| 2012 | 1,801 Million euro | +4.7% |
| 2013 | 1,910 Million euro | +6.0% |
| 2014 | 2,024 Million euro | +6.0% |
| 2015 | 2,101 Million euro | +3.8% |
| 2016 | 2,189 Million euro | +4.2% |
| 2017 | 2,272 Million euro | +3.8% |
| 2018 | 2,517 Million euro | +10.7% |
| 2019 | 2,656 Million euro | +5.5% |
| 2020 | 2,752 Million euro | +3.6% |
| 2021 | 3,020 Million euro | +9.7% |
| 2022 | 3,347 Million euro | +10.8% |
| 2023 | 3,542 Million euro | +5.8% |
Biggest year-on-year movements
Years where Gross domestic product (GDP) at current market prices by NUTS 3 region in Vidzeme changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +40.1% | 1,484 Million euro | 2,079 Million euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,314 Million euro | 800.75 Million euro | 2,107 Million euro | 10 |
| 2010s | 2,077 Million euro | 1,580 Million euro | 2,656 Million euro | 10 |
| 2020s | 3,165 Million euro | 2,752 Million euro | 3,542 Million euro | 4 |
More economy & growth data for Vidzeme
- Average annual population to calculate regional GDP data (thousand) 277.54 Thousand (2023)
- Gross value added at basic prices by NUTS 3 region 3,114 Current prices, million euro (2023)
Frequently asked questions
- What is gross domestic product (gdp) at current market prices by nuts 3 region in Vidzeme?
- Gross domestic product (gdp) at current market prices by nuts 3 region in Vidzeme was 3,542 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 Vidzeme?
- The highest recorded value was 3,542 Million euro in 2023.
- What is the lowest gross domestic product (gdp) at current market prices by nuts 3 region recorded in Vidzeme?
- The lowest recorded value was 800.75 Million euro in 2000.
- How does Vidzeme rank for gross domestic product (gdp) at current market prices by nuts 3 region?
- Vidzeme ranks 1350th 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 Vidzeme?
- Over the last ten years it is up 85.5%. The long-run trend across the full record is rising.
- Where does this Vidzeme 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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