Gross value added at basic prices by NUTS 3 region in Região Autónoma da Madeira
Região Autónoma da Madeira: Gross value added at basic prices by NUTS 3 region was 6,588 Current prices, million euro in 2024. ▲ Rising
Latest (2024)
6,588 Current prices, million euro
Change on year
up 7.3%
Rank
1027th
of 1722 regions
All-time high
6,588 Current prices, million euro
in 2024
All-time low
2,408 Current prices, million euro
in 2000
Years of data
25
2000–2024
Gross value added at basic prices by NUTS 3 region in Região Autónoma da Madeira, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
The most recent figure for gross value added at basic prices by nuts 3 region in Região Autónoma da Madeira is 6,588 Current prices, million euro, measured in 2024. That is the highest value across all 25 years on record.
The figure is up 7.3% on the previous year and up 79.0% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Região Autónoma da Madeira peaked at 6,588 Current prices, million euro in 2024 and was at its lowest, 2,408 Current prices, million euro, in 2000.
That places Região Autónoma da Madeira 1027th out of 1722 regions with data for 2024, putting it in the middle of the range.
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 Região Autónoma da Madeira, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 2,408 Current prices, million euro | — |
| 2001 | 2,497 Current prices, million euro | +3.7% |
| 2002 | 2,841 Current prices, million euro | +13.8% |
| 2003 | 2,974 Current prices, million euro | +4.7% |
| 2004 | 3,230 Current prices, million euro | +8.6% |
| 2005 | 3,402 Current prices, million euro | +5.3% |
| 2006 | 3,581 Current prices, million euro | +5.3% |
| 2007 | 3,770 Current prices, million euro | +5.3% |
| 2008 | 3,926 Current prices, million euro | +4.1% |
| 2009 | 3,886 Current prices, million euro | -1.0% |
| 2010 | 3,925 Current prices, million euro | +1.0% |
| 2011 | 3,910 Current prices, million euro | -0.4% |
| 2012 | 3,565 Current prices, million euro | -8.8% |
| 2013 | 3,652 Current prices, million euro | +2.4% |
| 2014 | 3,682 Current prices, million euro | +0.8% |
| 2015 | 3,758 Current prices, million euro | +2.1% |
| 2016 | 3,901 Current prices, million euro | +3.8% |
| 2017 | 4,156 Current prices, million euro | +6.5% |
| 2018 | 4,289 Current prices, million euro | +3.2% |
| 2019 | 4,455 Current prices, million euro | +3.9% |
| 2020 | 3,891 Current prices, million euro | -12.6% |
| 2021 | 4,443 Current prices, million euro | +14.2% |
| 2022 | 5,495 Current prices, million euro | +23.7% |
| 2023 | 6,143 Current prices, million euro | +11.8% |
| 2024 | 6,588 Current prices, million euro | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,251 Current prices, million euro | 2,408 Current prices, million euro | 3,926 Current prices, million euro | 10 |
| 2010s | 3,929 Current prices, million euro | 3,565 Current prices, million euro | 4,455 Current prices, million euro | 10 |
| 2020s | 5,312 Current prices, million euro | 3,891 Current prices, million euro | 6,588 Current prices, million euro | 5 |
More economy & growth data for Região Autónoma da Madeira
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 136.8 Index, 2020=100 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 7,486 Million euro (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 7,486 Million euro (2024)
- Average annual population to calculate regional GDP data (thousand) 258.03 Thousand (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 0.04 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 0.07 Million euro (2024)
- Economic accounts for agriculture by NUTS 2 region - indices 54.79 Index, n-1 = 100 (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 4.6 Index (2025)
- Farms and hectares by crops, utilised agricultural area, economic 4,700 Hectare (2023)
- Irrigation of agricultural holdings by utilised agricultural area 4,700 Hectare (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Região Autónoma da Madeira?
- Gross value added at basic prices by nuts 3 region in Região Autónoma da Madeira was 6,588 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 Região Autónoma da Madeira?
- The highest recorded value was 6,588 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Região Autónoma da Madeira?
- The lowest recorded value was 2,408 Current prices, million euro in 2000.
- How does Região Autónoma da Madeira rank for gross value added at basic prices by nuts 3 region?
- Região Autónoma da Madeira ranks 1027th out of 1722 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in Região Autónoma da Madeira?
- Over the last ten years it is up 79.0%. The long-run trend across the full record is rising.
- Where does this Região Autónoma da Madeira 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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