Gross value added at basic prices by NUTS 3 region in Albacete
Albacete: Gross value added at basic prices by NUTS 3 region was 9,386 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Albacete, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Albacete recorded 9,386 Current prices, million euro for gross value added at basic prices by nuts 3 region in 2023. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 45.5% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Albacete peaked at 9,386 Current prices, million euro in 2023 and was at its lowest, 3,949 Current prices, million euro, in 2000.
That places Albacete 821st out of 1722 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 value added at basic prices by NUTS 3 region in Albacete, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 3,949 Current prices, million euro | — |
| 2001 | 4,360 Current prices, million euro | +10.4% |
| 2002 | 4,743 Current prices, million euro | +8.8% |
| 2003 | 4,920 Current prices, million euro | +3.7% |
| 2004 | 5,219 Current prices, million euro | +6.1% |
| 2005 | 5,603 Current prices, million euro | +7.4% |
| 2006 | 6,004 Current prices, million euro | +7.1% |
| 2007 | 6,386 Current prices, million euro | +6.4% |
| 2008 | 6,911 Current prices, million euro | +8.2% |
| 2009 | 7,013 Current prices, million euro | +1.5% |
| 2010 | 6,856 Current prices, million euro | -2.2% |
| 2011 | 6,748 Current prices, million euro | -1.6% |
| 2012 | 6,553 Current prices, million euro | -2.9% |
| 2013 | 6,451 Current prices, million euro | -1.6% |
| 2014 | 6,351 Current prices, million euro | -1.6% |
| 2015 | 6,724 Current prices, million euro | +5.9% |
| 2016 | 6,857 Current prices, million euro | +2.0% |
| 2017 | 7,234 Current prices, million euro | +5.5% |
| 2018 | 7,486 Current prices, million euro | +3.5% |
| 2019 | 7,813 Current prices, million euro | +4.4% |
| 2020 | 7,300 Current prices, million euro | -6.6% |
| 2021 | 8,016 Current prices, million euro | +9.8% |
| 2022 | 8,688 Current prices, million euro | +8.4% |
| 2023 | 9,386 Current prices, million euro | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,511 Current prices, million euro | 3,949 Current prices, million euro | 7,013 Current prices, million euro | 10 |
| 2010s | 6,907 Current prices, million euro | 6,351 Current prices, million euro | 7,813 Current prices, million euro | 10 |
| 2020s | 8,347 Current prices, million euro | 7,300 Current prices, million euro | 9,386 Current prices, million euro | 4 |
More economy & growth data for Albacete
- Average annual population to calculate regional GDP data (thousand) 389.6 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 10,285 Million euro (2023)
- Business demography by size class and NUTS 3 region 28,330 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 28,330 (2020)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Albacete?
- Gross value added at basic prices by nuts 3 region in Albacete was 9,386 Current prices, million euro in 2023, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Albacete?
- The highest recorded value was 9,386 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Albacete?
- The lowest recorded value was 3,949 Current prices, million euro in 2000.
- How does Albacete rank for gross value added at basic prices by nuts 3 region?
- Albacete ranks 821st out of 1722 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Albacete?
- Over the last ten years it is up 45.5%. The long-run trend across the full record is rising.
- Where does this Albacete data come from?
- The figures come from Eurostat, published as part of Gross value added at basic prices by NUTS 3 region. Statizoid updates them automatically from the source API.
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