Gross value added at basic prices by NUTS 3 region in Essen, Kreisfreie Stadt
Essen, Kreisfreie Stadt: Gross value added at basic prices by NUTS 3 region was 28,578 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Essen, 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 Essen, Kreisfreie Stadt stood at 28,578 Current prices, million euro. That is the highest value across all 24 years on record.
The figure is up 6.9% on the previous year and up 42.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Essen, Kreisfreie Stadt peaked at 28,578 Current prices, million euro in 2023 and was at its lowest, 15,979 Current prices, million euro, in 2000.
That places Essen, Kreisfreie Stadt 367th out of 1664 regions with data for 2023, putting it in the top quarter.
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 Essen, Kreisfreie Stadt, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 15,979 Current prices, million euro | — |
| 2001 | 16,592 Current prices, million euro | +3.8% |
| 2002 | 16,815 Current prices, million euro | +1.3% |
| 2003 | 17,400 Current prices, million euro | +3.5% |
| 2004 | 17,429 Current prices, million euro | +0.2% |
| 2005 | 16,913 Current prices, million euro | -3.0% |
| 2006 | 17,683 Current prices, million euro | +4.6% |
| 2007 | 18,876 Current prices, million euro | +6.7% |
| 2008 | 20,566 Current prices, million euro | +9.0% |
| 2009 | 20,424 Current prices, million euro | -0.7% |
| 2010 | 20,942 Current prices, million euro | +2.5% |
| 2011 | 21,104 Current prices, million euro | +0.8% |
| 2012 | 20,028 Current prices, million euro | -5.1% |
| 2013 | 20,014 Current prices, million euro | -0.1% |
| 2014 | 20,685 Current prices, million euro | +3.4% |
| 2015 | 21,151 Current prices, million euro | +2.3% |
| 2016 | 21,541 Current prices, million euro | +1.8% |
| 2017 | 22,302 Current prices, million euro | +3.5% |
| 2018 | 22,875 Current prices, million euro | +2.6% |
| 2019 | 23,505 Current prices, million euro | +2.8% |
| 2020 | 23,526 Current prices, million euro | +0.1% |
| 2021 | 24,029 Current prices, million euro | +2.1% |
| 2022 | 26,731 Current prices, million euro | +11.2% |
| 2023 | 28,578 Current prices, million euro | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17,868 Current prices, million euro | 15,979 Current prices, million euro | 20,566 Current prices, million euro | 10 |
| 2010s | 21,415 Current prices, million euro | 20,014 Current prices, million euro | 23,505 Current prices, million euro | 10 |
| 2020s | 25,716 Current prices, million euro | 23,526 Current prices, million euro | 28,578 Current prices, million euro | 4 |
More economy & growth data for Essen, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 573.16 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 31,288 Million euro (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Essen, Kreisfreie Stadt?
- Gross value added at basic prices by nuts 3 region in Essen, Kreisfreie Stadt was 28,578 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 Essen, Kreisfreie Stadt?
- The highest recorded value was 28,578 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Essen, Kreisfreie Stadt?
- The lowest recorded value was 15,979 Current prices, million euro in 2000.
- How does Essen, Kreisfreie Stadt rank for gross value added at basic prices by nuts 3 region?
- Essen, Kreisfreie Stadt ranks 367th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Essen, Kreisfreie Stadt?
- Over the last ten years it is up 42.8%. The long-run trend across the full record is rising.
- Where does this Essen, 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.
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