Gross value added at basic prices by NUTS 3 region in Herford

Herford: Gross value added at basic prices by NUTS 3 region was 9,276 in 2023. ▲ Rising

Latest (2023)
9,276
Change on year
up 5.2%
Rank
812th
of 1664 regions
All-time high
9,276
in 2023
All-time low
5,640
in 2000
Years of data
24
2000–2023

Gross value added at basic prices by NUTS 3 region in Herford, 2000–2023

02.0k4.0k6.0k8.0k10.0k2000201120232000: 5.6k2001: 5.7k2002: 5.8k2003: 5.9k2004: 5.9k2005: 6.0k2006: 6.0k2007: 6.2k2008: 6.2k2009: 6.0k2010: 6.0k2011: 6.3k2012: 6.5k2013: 6.7k2014: 6.9k2015: 7.2k2016: 7.4k2017: 7.6k2018: 7.8k2019: 8.0k2020: 8.0k2021: 8.3k2022: 8.8k2023: 9.3k

Source: Eurostat.

Analysis

In 2023, gross value added at basic prices by nuts 3 region in Herford stood at 9,276. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 5.2% on the previous year and up 38.8% over ten years.

Over the whole period, gross value added at basic prices by nuts 3 region in Herford peaked at 9,276 in 2023 and was at its lowest, 5,640, in 2000.

That places Herford 812th out of 1664 regions with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5,921 5,640 6,200 10
2010s 7,046 6,047 8,041 10
2020s 8,589 7,973 9,276 4

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Frequently asked questions

What is gross value added at basic prices by nuts 3 region in Herford?
Gross value added at basic prices by nuts 3 region in Herford was 9,276 in 2023, according to Eurostat.
What is the highest gross value added at basic prices by nuts 3 region recorded in Herford?
The highest recorded value was 9,276 in 2023.
What is the lowest gross value added at basic prices by nuts 3 region recorded in Herford?
The lowest recorded value was 5,640 in 2000.
How does Herford rank for gross value added at basic prices by nuts 3 region?
Herford ranks 812th out of 1664 regions with data for 2023.
Is gross value added at basic prices by nuts 3 region rising or falling in Herford?
Over the last ten years it is up 38.8%. The long-run trend across the full record is rising.
Where does this Herford 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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About this data

Indicator
Gross value added at basic prices by NUTS 3 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
1,702 places, 40,936 data points, 2000–2024
Last refreshed