Gross value added at basic prices by NUTS 3 region in Northern and Western
Northern and Western: Gross value added at basic prices by NUTS 3 region was 42,784 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
42,784 Current prices, million euro
Change on year
up 1.2%
Rank
264th
of 1722 regions
All-time high
42,784 Current prices, million euro
in 2024
All-time low
11,563 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Northern and Western, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Northern and Western recorded 42,784 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 1.2% on the previous year and up 118.6% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Northern and Western peaked at 42,784 Current prices, million euro in 2024 and was at its lowest, 11,563 Current prices, million euro, in 2000.
Northern and Western ranks 264th of 1722 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 Northern and Western, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 11,563 Current prices, million euro | — |
| 2001 | 13,078 Current prices, million euro | +13.1% |
| 2002 | 14,512 Current prices, million euro | +11.0% |
| 2003 | 15,311 Current prices, million euro | +5.5% |
| 2004 | 16,447 Current prices, million euro | +7.4% |
| 2005 | 18,138 Current prices, million euro | +10.3% |
| 2006 | 18,852 Current prices, million euro | +3.9% |
| 2007 | 20,852 Current prices, million euro | +10.6% |
| 2008 | 20,195 Current prices, million euro | -3.1% |
| 2009 | 16,628 Current prices, million euro | -17.7% |
| 2010 | 17,983 Current prices, million euro | +8.1% |
| 2011 | 17,468 Current prices, million euro | -2.9% |
| 2012 | 16,902 Current prices, million euro | -3.2% |
| 2013 | 17,787 Current prices, million euro | +5.2% |
| 2014 | 19,572 Current prices, million euro | +10.0% |
| 2015 | 20,992 Current prices, million euro | +7.3% |
| 2016 | 21,547 Current prices, million euro | +2.6% |
| 2017 | 22,598 Current prices, million euro | +4.9% |
| 2018 | 24,007 Current prices, million euro | +6.2% |
| 2019 | 26,338 Current prices, million euro | +9.7% |
| 2020 | 29,086 Current prices, million euro | +10.4% |
| 2021 | 33,732 Current prices, million euro | +16.0% |
| 2022 | 38,800 Current prices, million euro | +15.0% |
| 2023 | 42,257 Current prices, million euro | +8.9% |
| 2024 | 42,784 Current prices, million euro | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16,558 Current prices, million euro | 11,563 Current prices, million euro | 20,852 Current prices, million euro | 10 |
| 2010s | 20,519 Current prices, million euro | 16,902 Current prices, million euro | 26,338 Current prices, million euro | 10 |
| 2020s | 37,332 Current prices, million euro | 29,086 Current prices, million euro | 42,784 Current prices, million euro | 5 |
More economy & growth data for Northern and Western
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 124.2 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 44,933 Million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 44,933 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 950.81 Thousand (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 13.9 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 13.8 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - indices 100.69 Index, n-1 = 100 (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 3.8 Index (2025)
- Agricultural land prices by region 25,919 Euro per hectare (2023)
- Agricultural land renting prices for one year by region 250 Euro per hectare (2024)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Northern and Western?
- Gross value added at basic prices by nuts 3 region in Northern and Western was 42,784 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 Northern and Western?
- The highest recorded value was 42,784 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Northern and Western?
- The lowest recorded value was 11,563 Current prices, million euro in 2000.
- How does Northern and Western rank for gross value added at basic prices by nuts 3 region?
- Northern and Western ranks 264th out of 1722 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Northern and Western?
- Over the last ten years it is up 118.6%. The long-run trend across the full record is rising.
- Where does this Northern and Western 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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