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 in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Madrid, 2000–2023
Source: Eurostat.
Analysis
Madrid recorded 269,700 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 in 2023 and was at its lowest, 102,866, in 2000.
Madrid ranks 25th of 1664 regions on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 146,036 | 102,866 | 186,576 | 10 |
| 2010s | 191,795 | 176,493 | 221,007 | 10 |
| 2020s | 232,808 | 201,519 | 269,700 | 4 |
Countries ranked near Madrid
More economy & growth data for Madrid
- Average annual population to calculate regional GDP data (thousand per 7,066 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 295,939 (2023)
- Business demography by size class and NUTS 3 region 602,004 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and NUTS 602,004 (2020)
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 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 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 in 2000.
- How does Madrid rank for gross value added at basic prices by nuts 3 region?
- Madrid ranks 25th out of 1664 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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