Gross value added at basic prices by NUTS 3 region in Arad
Arad: Gross value added at basic prices by NUTS 3 region was 6,185 Current prices, million euro in 2024. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Arad, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Arad recorded 6,185 Current prices, million euro for gross value added at basic prices by nuts 3 region in 2024. That is the highest value across all 25 years on record.
The figure is up 7.6% on the previous year and up 120.9% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Arad peaked at 6,185 Current prices, million euro in 2024 and was at its lowest, 842.89 Current prices, million euro, in 2000.
That places Arad 1030th out of 1664 regions with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,659 Current prices, million euro | 842.89 Current prices, million euro | 2,816 Current prices, million euro | 10 |
| 2010s | 3,193 Current prices, million euro | 2,518 Current prices, million euro | 4,401 Current prices, million euro | 10 |
| 2020s | 5,045 Current prices, million euro | 4,089 Current prices, million euro | 6,185 Current prices, million euro | 5 |
More economy & growth data for Arad
- Average annual population to calculate regional GDP data (thousand per 410.58 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 6,825 Million euro (2024)
- Business demography by size class and NUTS 3 region 22,059 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and NUTS 22,059 (2020)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Arad?
- Gross value added at basic prices by nuts 3 region in Arad was 6,185 Current prices, million euro in 2024, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Arad?
- The highest recorded value was 6,185 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Arad?
- The lowest recorded value was 842.89 Current prices, million euro in 2000.
- How does Arad rank for gross value added at basic prices by nuts 3 region?
- Arad ranks 1030th out of 1664 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Arad?
- Over the last ten years it is up 120.9%. The long-run trend across the full record is rising.
- Where does this Arad 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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