Gross value added at basic prices by NUTS 3 region in Madrid
Madrid: Gross value added at basic prices by NUTS 3 region was 269,700 Current prices, million euro in 2023. ▲ Rising
Latest (2023)
269,700 Current prices, million euro
Change on year
up 10.9%
Rank
25th
of 1722 regions
All-time high
269,700 Current prices, million euro
in 2023
All-time low
102,866 Current prices, million euro
in 2000
Years of data
24
2000–2023
Gross value added at basic prices by NUTS 3 region in Madrid, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Madrid recorded 269,700 Current prices, million euro for gross value added at basic prices by nuts 3 region in 2023. That is the highest value across all 24 years on record.
The figure is up 10.9% on the previous year and up 52.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Madrid peaked at 269,700 Current prices, million euro in 2023 and was at its lowest, 102,866 Current prices, million euro, in 2000.
Madrid ranks 25th of 1722 regions on this measure, in the top 10%.
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 Madrid, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 102,866 Current prices, million euro | — |
| 2001 | 112,514 Current prices, million euro | +9.4% |
| 2002 | 120,969 Current prices, million euro | +7.5% |
| 2003 | 129,095 Current prices, million euro | +6.7% |
| 2004 | 138,041 Current prices, million euro | +6.9% |
| 2005 | 148,413 Current prices, million euro | +7.5% |
| 2006 | 161,420 Current prices, million euro | +8.8% |
| 2007 | 174,659 Current prices, million euro | +8.2% |
| 2008 | 185,812 Current prices, million euro | +6.4% |
| 2009 | 186,576 Current prices, million euro | +0.4% |
| 2010 | 181,955 Current prices, million euro | -2.5% |
| 2011 | 183,747 Current prices, million euro | +1.0% |
| 2012 | 180,399 Current prices, million euro | -1.8% |
| 2013 | 176,493 Current prices, million euro | -2.2% |
| 2014 | 178,306 Current prices, million euro | +1.0% |
| 2015 | 187,136 Current prices, million euro | +5.0% |
| 2016 | 194,392 Current prices, million euro | +3.9% |
| 2017 | 203,178 Current prices, million euro | +4.5% |
| 2018 | 211,333 Current prices, million euro | +4.0% |
| 2019 | 221,007 Current prices, million euro | +4.6% |
| 2020 | 201,519 Current prices, million euro | -8.8% |
| 2021 | 216,749 Current prices, million euro | +7.6% |
| 2022 | 243,266 Current prices, million euro | +12.2% |
| 2023 | 269,700 Current prices, million euro | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 146,036 Current prices, million euro | 102,866 Current prices, million euro | 186,576 Current prices, million euro | 10 |
| 2010s | 191,795 Current prices, million euro | 176,493 Current prices, million euro | 221,007 Current prices, million euro | 10 |
| 2020s | 232,808 Current prices, million euro | 201,519 Current prices, million euro | 269,700 Current prices, million euro | 4 |
Countries ranked near Madrid
- 22 Hungary 177,047 Current prices, million euro compare
- 23 Slovakia 117,813 Current prices, million euro compare
- 23 Slovakia 117,813 Current prices, million euro compare
- 25 Bulgaria 91,404 Current prices, million euro compare
- 26 Luxembourg 78,467 Current prices, million euro compare
- 27 Croatia 71,237 Current prices, million euro compare
- 27 Croatia 71,237 Current prices, million euro compare
More economy & growth data for Madrid
- Timely indicators of entrepreneurship by enterprise characteristics 27,100 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 7,563 Enterprises (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 295,939 Million euro (2023)
- Average annual population to calculate regional GDP data (thousand) 7,066 Thousand (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 1,210 Enterprises (2024)
- Business demography by size class and NUTS 3 region 602,004 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 602,004 (2020)
- Timely indicators of entrepreneurship by enterprise characteristics 1,210 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 27,100 Enterprises (2024)
- Timely indicators of entrepreneurship by enterprise characteristics 7,563 Enterprises (2024)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Madrid?
- Gross value added at basic prices by nuts 3 region in Madrid was 269,700 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 Madrid?
- The highest recorded value was 269,700 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Madrid?
- The lowest recorded value was 102,866 Current prices, million euro in 2000.
- How does Madrid rank for gross value added at basic prices by nuts 3 region?
- Madrid ranks 25th out of 1722 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Madrid?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Madrid 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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