Gross value added at basic prices by NUTS 3 region in Hof, Kreisfreie Stadt
Hof, Kreisfreie Stadt: Gross value added at basic prices by NUTS 3 region was 2,229 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Hof, 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 Hof, Kreisfreie Stadt stood at 2,229 Current prices, million euro. That is the highest value across all 24 years on record.
That represents a change of up 7.7% on the previous year and up 34.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Hof, Kreisfreie Stadt peaked at 2,229 Current prices, million euro in 2023 and was at its lowest, 1,413 Current prices, million euro, in 2000.
That places Hof, Kreisfreie Stadt 1474th out of 1664 regions with data for 2023, putting it in the bottom 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 Hof, Kreisfreie Stadt, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 1,413 Current prices, million euro | — |
| 2001 | 1,501 Current prices, million euro | +6.2% |
| 2002 | 1,475 Current prices, million euro | -1.7% |
| 2003 | 1,445 Current prices, million euro | -2.1% |
| 2004 | 1,471 Current prices, million euro | +1.8% |
| 2005 | 1,426 Current prices, million euro | -3.1% |
| 2006 | 1,463 Current prices, million euro | +2.6% |
| 2007 | 1,522 Current prices, million euro | +4.1% |
| 2008 | 1,505 Current prices, million euro | -1.1% |
| 2009 | 1,477 Current prices, million euro | -1.9% |
| 2010 | 1,578 Current prices, million euro | +6.8% |
| 2011 | 1,647 Current prices, million euro | +4.3% |
| 2012 | 1,688 Current prices, million euro | +2.5% |
| 2013 | 1,654 Current prices, million euro | -2.0% |
| 2014 | 1,682 Current prices, million euro | +1.7% |
| 2015 | 1,699 Current prices, million euro | +1.0% |
| 2016 | 1,720 Current prices, million euro | +1.2% |
| 2017 | 1,751 Current prices, million euro | +1.8% |
| 2018 | 1,808 Current prices, million euro | +3.3% |
| 2019 | 1,845 Current prices, million euro | +2.0% |
| 2020 | 1,843 Current prices, million euro | -0.1% |
| 2021 | 1,918 Current prices, million euro | +4.1% |
| 2022 | 2,069 Current prices, million euro | +7.9% |
| 2023 | 2,229 Current prices, million euro | +7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,470 Current prices, million euro | 1,413 Current prices, million euro | 1,522 Current prices, million euro | 10 |
| 2010s | 1,707 Current prices, million euro | 1,578 Current prices, million euro | 1,845 Current prices, million euro | 10 |
| 2020s | 2,015 Current prices, million euro | 1,843 Current prices, million euro | 2,229 Current prices, million euro | 4 |
More economy & growth data for Hof, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 46.32 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 2,440 Million euro (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Hof, Kreisfreie Stadt?
- Gross value added at basic prices by nuts 3 region in Hof, Kreisfreie Stadt was 2,229 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 Hof, Kreisfreie Stadt?
- The highest recorded value was 2,229 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Hof, Kreisfreie Stadt?
- The lowest recorded value was 1,413 Current prices, million euro in 2000.
- How does Hof, Kreisfreie Stadt rank for gross value added at basic prices by nuts 3 region?
- Hof, Kreisfreie Stadt ranks 1474th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Hof, Kreisfreie Stadt?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is rising.
- Where does this Hof, 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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