Gross value added at basic prices by NUTS 3 region in Groningen
Groningen: Gross value added at basic prices by NUTS 3 region was 29,477 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
29,477 Current prices, million euro
Change on year
up 1.4%
Rank
359th
of 1664 regions
All-time high
31,015 Current prices, million euro
in 2022
All-time low
15,150 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Groningen, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2024, gross value added at basic prices by nuts 3 region in Groningen stood at 29,477 Current prices, million euro.
Compared with earlier readings it is up 1.4% on the previous year and up 15.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Groningen peaked at 31,015 Current prices, million euro in 2022 and was at its lowest, 15,150 Current prices, million euro, in 2000.
Groningen ranks 359th of 1664 regions on this measure, in the top quarter.
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 Groningen, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 15,150 Current prices, million euro | — |
| 2001 | 16,677 Current prices, million euro | +10.1% |
| 2002 | 17,341 Current prices, million euro | +4.0% |
| 2003 | 18,129 Current prices, million euro | +4.5% |
| 2004 | 18,427 Current prices, million euro | +1.6% |
| 2005 | 20,456 Current prices, million euro | +11.0% |
| 2006 | 22,468 Current prices, million euro | +9.8% |
| 2007 | 22,465 Current prices, million euro | -0.0% |
| 2008 | 26,707 Current prices, million euro | +18.9% |
| 2009 | 24,259 Current prices, million euro | -9.2% |
| 2010 | 25,282 Current prices, million euro | +4.2% |
| 2011 | 26,155 Current prices, million euro | +3.5% |
| 2012 | 27,562 Current prices, million euro | +5.4% |
| 2013 | 28,716 Current prices, million euro | +4.2% |
| 2014 | 25,449 Current prices, million euro | -11.4% |
| 2015 | 23,244 Current prices, million euro | -8.7% |
| 2016 | 21,885 Current prices, million euro | -5.8% |
| 2017 | 22,598 Current prices, million euro | +3.3% |
| 2018 | 22,959 Current prices, million euro | +1.6% |
| 2019 | 23,264 Current prices, million euro | +1.3% |
| 2020 | 21,602 Current prices, million euro | -7.1% |
| 2021 | 24,318 Current prices, million euro | +12.6% |
| 2022 | 31,015 Current prices, million euro | +27.5% |
| 2023 | 29,070 Current prices, million euro | -6.3% |
| 2024 | 29,477 Current prices, million euro | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,208 Current prices, million euro | 15,150 Current prices, million euro | 26,707 Current prices, million euro | 10 |
| 2010s | 24,711 Current prices, million euro | 21,885 Current prices, million euro | 28,716 Current prices, million euro | 10 |
| 2020s | 27,096 Current prices, million euro | 21,602 Current prices, million euro | 31,015 Current prices, million euro | 5 |
More economy & growth data for Groningen
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 94 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 32,846 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 602.03 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 32,846 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 78.36 Million euro (2023)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 119.35 Million euro (2023)
- Income quintile share ratio S80/S20 by NUTS 2 region 3.5 Index (2025)
- Economic accounts for agriculture by NUTS 2 region - indices 65.66 Index, n-1 = 100 (2023)
- Timely indicators of entrepreneurship by enterprise characteristics 128 Enterprises (2024)
- Agricultural land prices by region 82,448 Euro per hectare (2024)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Groningen?
- Gross value added at basic prices by nuts 3 region in Groningen was 29,477 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 Groningen?
- The highest recorded value was 31,015 Current prices, million euro in 2022.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Groningen?
- The lowest recorded value was 15,150 Current prices, million euro in 2000.
- How does Groningen rank for gross value added at basic prices by nuts 3 region?
- Groningen ranks 359th out of 1664 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Groningen?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is rising.
- Where does this Groningen 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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