Gross value added at basic prices by NUTS 3 region in Kars
Kars: Gross value added at basic prices by NUTS 3 region was 2,078 Current prices, million euro in 2024. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Kars, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Kars recorded 2,078 Current prices, million euro for gross value added at basic prices by nuts 3 region in 2024. That is the highest value across all 25 years on record.
The figure is up 27.8% on the previous year and up 77.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Kars peaked at 2,078 Current prices, million euro in 2024 and was at its lowest, 370.15 Current prices, million euro, in 2001.
That places Kars 1493rd out of 1664 regions with data for 2024, putting it in the bottom 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 Kars, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 485 Current prices, million euro | — |
| 2001 | 370.15 Current prices, million euro | -23.7% |
| 2002 | 424.6 Current prices, million euro | +14.7% |
| 2003 | 492.57 Current prices, million euro | +16.0% |
| 2004 | 563.78 Current prices, million euro | +14.5% |
| 2005 | 680.28 Current prices, million euro | +20.7% |
| 2006 | 750.57 Current prices, million euro | +10.3% |
| 2007 | 830.85 Current prices, million euro | +10.7% |
| 2008 | 869.94 Current prices, million euro | +4.7% |
| 2009 | 793.52 Current prices, million euro | -8.8% |
| 2010 | 1,055 Current prices, million euro | +33.0% |
| 2011 | 1,053 Current prices, million euro | -0.2% |
| 2012 | 1,271 Current prices, million euro | +20.7% |
| 2013 | 1,273 Current prices, million euro | +0.2% |
| 2014 | 1,169 Current prices, million euro | -8.2% |
| 2015 | 1,351 Current prices, million euro | +15.5% |
| 2016 | 1,373 Current prices, million euro | +1.7% |
| 2017 | 1,306 Current prices, million euro | -4.9% |
| 2018 | 1,074 Current prices, million euro | -17.8% |
| 2019 | 1,123 Current prices, million euro | +4.6% |
| 2020 | 1,065 Current prices, million euro | -5.2% |
| 2021 | 987.75 Current prices, million euro | -7.2% |
| 2022 | 1,188 Current prices, million euro | +20.3% |
| 2023 | 1,626 Current prices, million euro | +36.9% |
| 2024 | 2,078 Current prices, million euro | +27.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 626.13 Current prices, million euro | 370.15 Current prices, million euro | 869.94 Current prices, million euro | 10 |
| 2010s | 1,205 Current prices, million euro | 1,053 Current prices, million euro | 1,373 Current prices, million euro | 10 |
| 2020s | 1,389 Current prices, million euro | 987.75 Current prices, million euro | 2,078 Current prices, million euro | 5 |
More economy & growth data for Kars
- Average annual population to calculate regional GDP data (thousand) 275.47 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 2,339 Million euro (2024)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Kars?
- Gross value added at basic prices by nuts 3 region in Kars was 2,078 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 Kars?
- The highest recorded value was 2,078 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Kars?
- The lowest recorded value was 370.15 Current prices, million euro in 2001.
- How does Kars rank for gross value added at basic prices by nuts 3 region?
- Kars ranks 1493rd out of 1664 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Kars?
- Over the last ten years it is up 77.8%. The long-run trend across the full record is rising.
- Where does this Kars 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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