Gross value added at basic prices by NUTS 3 region in European Union - 27 countries (from 2020)
European Union - 27 countries (from 2020): Gross value added at basic prices by NUTS 3 region was 16.20 million Current prices, million euro in 2024. ▲ Rising
Latest (2024)
16.20 million Current prices, million euro
Change on year
up 3.9%
Rank
1st
of 1722 regions
All-time high
16.20 million Current prices, million euro
in 2024
All-time low
7.06 million Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in European Union - 27 countries (from 2020), 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
European Union - 27 countries (from 2020) recorded 16.20 million 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.
That represents a change of up 3.9% on the previous year and up 53.1% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in European Union - 27 countries (from 2020) peaked at 16.20 million Current prices, million euro in 2024 and was at its lowest, 7.06 million Current prices, million euro, in 2000.
That places European Union - 27 countries (from 2020) 1st out of 1722 regions with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices by NUTS 3 region in European Union - 27 countries (from 2020), year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 7.06 million Current prices, million euro | — |
| 2001 | 7.41 million Current prices, million euro | +5.0% |
| 2002 | 7.68 million Current prices, million euro | +3.6% |
| 2003 | 7.88 million Current prices, million euro | +2.7% |
| 2004 | 8.24 million Current prices, million euro | +4.5% |
| 2005 | 8.58 million Current prices, million euro | +4.1% |
| 2006 | 9.06 million Current prices, million euro | +5.6% |
| 2007 | 9.62 million Current prices, million euro | +6.2% |
| 2008 | 9.97 million Current prices, million euro | +3.6% |
| 2009 | 9.57 million Current prices, million euro | -4.1% |
| 2010 | 9.89 million Current prices, million euro | +3.4% |
| 2011 | 10.19 million Current prices, million euro | +3.1% |
| 2012 | 10.24 million Current prices, million euro | +0.5% |
| 2013 | 10.34 million Current prices, million euro | +1.0% |
| 2014 | 10.58 million Current prices, million euro | +2.3% |
| 2015 | 10.97 million Current prices, million euro | +3.7% |
| 2016 | 11.25 million Current prices, million euro | +2.6% |
| 2017 | 11.72 million Current prices, million euro | +4.2% |
| 2018 | 12.13 million Current prices, million euro | +3.4% |
| 2019 | 12.58 million Current prices, million euro | +3.7% |
| 2020 | 12.15 million Current prices, million euro | -3.4% |
| 2021 | 13.17 million Current prices, million euro | +8.5% |
| 2022 | 14.52 million Current prices, million euro | +10.2% |
| 2023 | 15.60 million Current prices, million euro | +7.4% |
| 2024 | 16.20 million Current prices, million euro | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.51 million Current prices, million euro | 7.06 million Current prices, million euro | 9.97 million Current prices, million euro | 10 |
| 2010s | 10.99 million Current prices, million euro | 9.89 million Current prices, million euro | 12.58 million Current prices, million euro | 10 |
| 2020s | 14.33 million Current prices, million euro | 12.15 million Current prices, million euro | 16.20 million Current prices, million euro | 5 |
Countries ranked near European Union - 27 countries (from 2020)
More economy & growth data for European Union - 27 countries (from 2020)
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 112.4 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 18.02 million Million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 18.02 million Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 451,029 Thousand (2024)
- Agricultural land prices by region 15,224 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 295 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 155.11 million Hectare (2020)
- Farms and hectares by crops, utilised agricultural area, economic 155.11 million Hectare (2020)
- Gross domestic product (GDP) and main components (output, expenditure) 115.3 Chain linked volumes, index 2020=100 (2026)
- Gross domestic product (GDP) and main components per capita 10,760 Current prices, euro per capita (2026)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in European Union - 27 countries (from 2020)?
- Gross value added at basic prices by nuts 3 region in European Union - 27 countries (from 2020) was 16.20 million 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 European Union - 27 countries (from 2020)?
- The highest recorded value was 16.20 million Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in European Union - 27 countries (from 2020)?
- The lowest recorded value was 7.06 million Current prices, million euro in 2000.
- How does European Union - 27 countries (from 2020) rank for gross value added at basic prices by nuts 3 region?
- European Union - 27 countries (from 2020) ranks 1st out of 1722 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in European Union - 27 countries (from 2020)?
- Over the last ten years it is up 53.1%. The long-run trend across the full record is rising.
- Where does this European Union - 27 countries (from 2020) 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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