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 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
40,666 Current prices, million euro
Change on year
up 7.5%
Rank
276th
of 1664 regions
All-time high
40,666 Current prices, million euro
in 2024
All-time low
14,976 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Illes Balears, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2024, gross value added at basic prices by nuts 3 region in Illes Balears stood at 40,666 Current prices, million euro. 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 Current prices, million euro in 2024 and was at its lowest, 14,976 Current prices, million euro, 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.
Gross value added at basic prices by NUTS 3 region in Illes Balears, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 14,976 Current prices, million euro | — |
| 2001 | 16,260 Current prices, million euro | +8.6% |
| 2002 | 17,209 Current prices, million euro | +5.8% |
| 2003 | 17,992 Current prices, million euro | +4.6% |
| 2004 | 19,116 Current prices, million euro | +6.2% |
| 2005 | 20,571 Current prices, million euro | +7.6% |
| 2006 | 22,246 Current prices, million euro | +8.1% |
| 2007 | 24,064 Current prices, million euro | +8.2% |
| 2008 | 25,674 Current prices, million euro | +6.7% |
| 2009 | 25,062 Current prices, million euro | -2.4% |
| 2010 | 24,590 Current prices, million euro | -1.9% |
| 2011 | 24,527 Current prices, million euro | -0.3% |
| 2012 | 24,093 Current prices, million euro | -1.8% |
| 2013 | 23,942 Current prices, million euro | -0.6% |
| 2014 | 24,659 Current prices, million euro | +3.0% |
| 2015 | 26,001 Current prices, million euro | +5.4% |
| 2016 | 27,403 Current prices, million euro | +5.4% |
| 2017 | 28,747 Current prices, million euro | +4.9% |
| 2018 | 30,005 Current prices, million euro | +4.4% |
| 2019 | 31,128 Current prices, million euro | +3.7% |
| 2020 | 24,311 Current prices, million euro | -21.9% |
| 2021 | 27,575 Current prices, million euro | +13.4% |
| 2022 | 33,862 Current prices, million euro | +22.8% |
| 2023 | 37,823 Current prices, million euro | +11.7% |
| 2024 | 40,666 Current prices, million euro | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20,317 Current prices, million euro | 14,976 Current prices, million euro | 25,674 Current prices, million euro | 10 |
| 2010s | 26,509 Current prices, million euro | 23,942 Current prices, million euro | 31,128 Current prices, million euro | 10 |
| 2020s | 32,847 Current prices, million euro | 24,311 Current prices, million euro | 40,666 Current prices, million euro | 5 |
More economy & growth data for Illes Balears
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 140.7 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 44,693 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 1,238 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 44,693 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 12.31 Million euro (2023)
- Income quintile share ratio S80/S20 by NUTS 2 region 4.5 Index (2025)
- Agricultural land prices by region 21,390 Euro per hectare (2024)
- Agricultural land renting prices for one year by region 108 Euro per hectare (2024)
- Irrigation of agricultural holdings by utilised agricultural area 167,530 Hectare (2020)
- Farms and hectares by crops, utilised agricultural area, economic 167,530 Hectare (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 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 Illes Balears?
- The highest recorded value was 40,666 Current prices, million euro 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 Current prices, million euro 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.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Eurostat).