Gross value added at basic prices by NUTS 3 region in Illes Balears
Illes Balears: Gross value added at basic prices by NUTS 3 region was 40,666 in 2024. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Illes Balears, 2000–2024
Source: Eurostat.
Analysis
In 2024, gross value added at basic prices by nuts 3 region in Illes Balears stood at 40,666. That is the highest value across all 25 years on record.
The figure is up 7.5% on the previous year and up 64.9% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Illes Balears peaked at 40,666 in 2024 and was at its lowest, 14,976, in 2000.
Illes Balears ranks 276th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,317 | 14,976 | 25,674 | 10 |
| 2010s | 26,509 | 23,942 | 31,128 | 10 |
| 2020s | 32,847 | 24,311 | 40,666 | 5 |
More economy & growth data for Illes Balears
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 140.7 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 44,693 (2024)
- Average annual population to calculate regional GDP data (thousand per 1,238 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 44,693 (2024)
- Economic accounts for agriculture by NUTS 2 region - values at current 12.31 (2023)
- Income quintile share ratio S80/S20 by NUTS 2 region 4.5 (2025)
- Agricultural land prices by region 21,390 (2024)
- Agricultural land renting prices for one year by region 108 (2024)
- Irrigation of agricultural holdings by utilised agricultural area, eco 167,530 (2020)
- Farms and hectares by crops, utilised agricultural area, economic size 167,530 (2020)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Illes Balears?
- Gross value added at basic prices by nuts 3 region in Illes Balears was 40,666 in 2024, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Illes Balears?
- The highest recorded value was 40,666 in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Illes Balears?
- The lowest recorded value was 14,976 in 2000.
- How does Illes Balears rank for gross value added at basic prices by nuts 3 region?
- Illes Balears ranks 276th out of 1664 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Illes Balears?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is rising.
- Where does this Illes Balears 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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