Gross value added at basic prices by NUTS 3 region in Erfurt, Kreisfreie Stadt
Erfurt, Kreisfreie Stadt: Gross value added at basic prices by NUTS 3 region was 9,919 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Erfurt, Kreisfreie Stadt, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2023, gross value added at basic prices by nuts 3 region in Erfurt, Kreisfreie Stadt stood at 9,919 Current prices, million euro. That is the highest value across all 24 years on record.
The figure is up 9.4% on the previous year and up 39.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Erfurt, Kreisfreie Stadt peaked at 9,919 Current prices, million euro in 2023 and was at its lowest, 5,326 Current prices, million euro, in 2000.
Erfurt, Kreisfreie Stadt ranks 775th of 1664 regions on this measure, 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 Erfurt, Kreisfreie Stadt, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 5,326 Current prices, million euro | — |
| 2001 | 5,372 Current prices, million euro | +0.9% |
| 2002 | 5,472 Current prices, million euro | +1.9% |
| 2003 | 5,406 Current prices, million euro | -1.2% |
| 2004 | 5,507 Current prices, million euro | +1.9% |
| 2005 | 5,422 Current prices, million euro | -1.5% |
| 2006 | 5,823 Current prices, million euro | +7.4% |
| 2007 | 5,988 Current prices, million euro | +2.8% |
| 2008 | 5,904 Current prices, million euro | -1.4% |
| 2009 | 5,854 Current prices, million euro | -0.8% |
| 2010 | 6,083 Current prices, million euro | +3.9% |
| 2011 | 6,469 Current prices, million euro | +6.4% |
| 2012 | 6,517 Current prices, million euro | +0.7% |
| 2013 | 7,096 Current prices, million euro | +8.9% |
| 2014 | 7,351 Current prices, million euro | +3.6% |
| 2015 | 7,368 Current prices, million euro | +0.2% |
| 2016 | 7,543 Current prices, million euro | +2.4% |
| 2017 | 7,571 Current prices, million euro | +0.4% |
| 2018 | 7,769 Current prices, million euro | +2.6% |
| 2019 | 8,111 Current prices, million euro | +4.4% |
| 2020 | 8,249 Current prices, million euro | +1.7% |
| 2021 | 8,568 Current prices, million euro | +3.9% |
| 2022 | 9,064 Current prices, million euro | +5.8% |
| 2023 | 9,919 Current prices, million euro | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,607 Current prices, million euro | 5,326 Current prices, million euro | 5,988 Current prices, million euro | 10 |
| 2010s | 7,188 Current prices, million euro | 6,083 Current prices, million euro | 8,111 Current prices, million euro | 10 |
| 2020s | 8,950 Current prices, million euro | 8,249 Current prices, million euro | 9,919 Current prices, million euro | 4 |
More economy & growth data for Erfurt, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 219.16 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 10,859 Million euro (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Erfurt, Kreisfreie Stadt?
- Gross value added at basic prices by nuts 3 region in Erfurt, Kreisfreie Stadt was 9,919 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 Erfurt, Kreisfreie Stadt?
- The highest recorded value was 9,919 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Erfurt, Kreisfreie Stadt?
- The lowest recorded value was 5,326 Current prices, million euro in 2000.
- How does Erfurt, Kreisfreie Stadt rank for gross value added at basic prices by nuts 3 region?
- Erfurt, Kreisfreie Stadt ranks 775th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Erfurt, Kreisfreie Stadt?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is rising.
- Where does this Erfurt, Kreisfreie Stadt 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.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).