Gross value added at basic prices by NUTS 3 region in Graz
Graz: Gross value added at basic prices by NUTS 3 region was 24,923 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Graz, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2023, gross value added at basic prices by nuts 3 region in Graz stood at 24,923 Current prices, million euro. That is the highest value across all 24 years on record.
That represents a change of up 5.8% on the previous year and up 52.9% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Graz peaked at 24,923 Current prices, million euro in 2023 and was at its lowest, 10,668 Current prices, million euro, in 2000.
Graz ranks 404th of 1664 regions on this measure, 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 Graz, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 10,668 Current prices, million euro | — |
| 2001 | 11,012 Current prices, million euro | +3.2% |
| 2002 | 11,151 Current prices, million euro | +1.3% |
| 2003 | 11,759 Current prices, million euro | +5.5% |
| 2004 | 12,397 Current prices, million euro | +5.4% |
| 2005 | 12,830 Current prices, million euro | +3.5% |
| 2006 | 13,596 Current prices, million euro | +6.0% |
| 2007 | 14,439 Current prices, million euro | +6.2% |
| 2008 | 14,941 Current prices, million euro | +3.5% |
| 2009 | 14,682 Current prices, million euro | -1.7% |
| 2010 | 14,777 Current prices, million euro | +0.6% |
| 2011 | 15,696 Current prices, million euro | +6.2% |
| 2012 | 16,314 Current prices, million euro | +3.9% |
| 2013 | 16,297 Current prices, million euro | -0.1% |
| 2014 | 16,909 Current prices, million euro | +3.8% |
| 2015 | 17,453 Current prices, million euro | +3.2% |
| 2016 | 18,404 Current prices, million euro | +5.4% |
| 2017 | 19,323 Current prices, million euro | +5.0% |
| 2018 | 20,105 Current prices, million euro | +4.0% |
| 2019 | 21,032 Current prices, million euro | +4.6% |
| 2020 | 20,318 Current prices, million euro | -3.4% |
| 2021 | 21,689 Current prices, million euro | +6.7% |
| 2022 | 23,562 Current prices, million euro | +8.6% |
| 2023 | 24,923 Current prices, million euro | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12,748 Current prices, million euro | 10,668 Current prices, million euro | 14,941 Current prices, million euro | 10 |
| 2010s | 17,631 Current prices, million euro | 14,777 Current prices, million euro | 21,032 Current prices, million euro | 10 |
| 2020s | 22,623 Current prices, million euro | 20,318 Current prices, million euro | 24,923 Current prices, million euro | 4 |
More economy & growth data for Graz
- Average annual population to calculate regional GDP data (thousand) 467.9 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 27,719 Million euro (2023)
- Business demography by size class and NUTS 3 region 29,719 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 29,719 (2020)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Graz?
- Gross value added at basic prices by nuts 3 region in Graz was 24,923 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 Graz?
- The highest recorded value was 24,923 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Graz?
- The lowest recorded value was 10,668 Current prices, million euro in 2000.
- How does Graz rank for gross value added at basic prices by nuts 3 region?
- Graz ranks 404th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Graz?
- Over the last ten years it is up 52.9%. The long-run trend across the full record is rising.
- Where does this Graz 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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