Gross value added at basic prices by NUTS 3 region in Palermo
Palermo: Gross value added at basic prices by NUTS 3 region was 25,821 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Palermo, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Palermo recorded 25,821 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.
Compared with earlier readings it is up 8.9% on the previous year and up 29.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Palermo peaked at 25,821 Current prices, million euro in 2023 and was at its lowest, 14,365 Current prices, million euro, in 2000.
Palermo ranks 396th of 1664 regions on this measure, in the top quarter.
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 Palermo, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 14,365 Current prices, million euro | — |
| 2001 | 16,218 Current prices, million euro | +12.9% |
| 2002 | 16,642 Current prices, million euro | +2.6% |
| 2003 | 17,233 Current prices, million euro | +3.6% |
| 2004 | 17,867 Current prices, million euro | +3.7% |
| 2005 | 18,878 Current prices, million euro | +5.7% |
| 2006 | 19,521 Current prices, million euro | +3.4% |
| 2007 | 20,047 Current prices, million euro | +2.7% |
| 2008 | 21,253 Current prices, million euro | +6.0% |
| 2009 | 20,952 Current prices, million euro | -1.4% |
| 2010 | 20,846 Current prices, million euro | -0.5% |
| 2011 | 20,388 Current prices, million euro | -2.2% |
| 2012 | 20,008 Current prices, million euro | -1.9% |
| 2013 | 19,885 Current prices, million euro | -0.6% |
| 2014 | 19,691 Current prices, million euro | -1.0% |
| 2015 | 20,298 Current prices, million euro | +3.1% |
| 2016 | 20,261 Current prices, million euro | -0.2% |
| 2017 | 20,727 Current prices, million euro | +2.3% |
| 2018 | 20,745 Current prices, million euro | +0.1% |
| 2019 | 20,979 Current prices, million euro | +1.1% |
| 2020 | 19,821 Current prices, million euro | -5.5% |
| 2021 | 21,715 Current prices, million euro | +9.6% |
| 2022 | 23,700 Current prices, million euro | +9.1% |
| 2023 | 25,821 Current prices, million euro | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18,298 Current prices, million euro | 14,365 Current prices, million euro | 21,253 Current prices, million euro | 10 |
| 2010s | 20,383 Current prices, million euro | 19,691 Current prices, million euro | 20,979 Current prices, million euro | 10 |
| 2020s | 22,764 Current prices, million euro | 19,821 Current prices, million euro | 25,821 Current prices, million euro | 4 |
More economy & growth data for Palermo
- Average annual population to calculate regional GDP data (thousand) 1,202 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 28,743 Million euro (2023)
- Business demography by size class and NUTS 3 region 63,896 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and 63,896 (2020)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Palermo?
- Gross value added at basic prices by nuts 3 region in Palermo was 25,821 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 Palermo?
- The highest recorded value was 25,821 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Palermo?
- The lowest recorded value was 14,365 Current prices, million euro in 2000.
- How does Palermo rank for gross value added at basic prices by nuts 3 region?
- Palermo ranks 396th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Palermo?
- Over the last ten years it is up 29.8%. The long-run trend across the full record is rising.
- Where does this Palermo 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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