Gross value added at basic prices by NUTS 3 region in Remscheid, Kreisfreie Stadt
Remscheid, Kreisfreie Stadt: Gross value added at basic prices by NUTS 3 region was 4,475 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Remscheid, Kreisfreie Stadt, 2000–2023
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 Remscheid, Kreisfreie Stadt is 4,475 Current prices, million euro, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 9.8% on the previous year and up 37.5% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Remscheid, Kreisfreie Stadt peaked at 4,475 Current prices, million euro in 2023 and was at its lowest, 2,777 Current prices, million euro, in 2002.
Remscheid, Kreisfreie Stadt ranks 1210th of 1664 regions on this measure, in the middle of the range.
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 Remscheid, Kreisfreie Stadt, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 2,856 Current prices, million euro | — |
| 2001 | 2,890 Current prices, million euro | +1.2% |
| 2002 | 2,777 Current prices, million euro | -3.9% |
| 2003 | 2,972 Current prices, million euro | +7.0% |
| 2004 | 2,919 Current prices, million euro | -1.8% |
| 2005 | 2,914 Current prices, million euro | -0.2% |
| 2006 | 3,012 Current prices, million euro | +3.4% |
| 2007 | 3,113 Current prices, million euro | +3.4% |
| 2008 | 3,175 Current prices, million euro | +2.0% |
| 2009 | 2,805 Current prices, million euro | -11.7% |
| 2010 | 2,964 Current prices, million euro | +5.6% |
| 2011 | 3,223 Current prices, million euro | +8.7% |
| 2012 | 3,285 Current prices, million euro | +1.9% |
| 2013 | 3,255 Current prices, million euro | -0.9% |
| 2014 | 3,445 Current prices, million euro | +5.8% |
| 2015 | 3,445 Current prices, million euro | -0.0% |
| 2016 | 3,513 Current prices, million euro | +2.0% |
| 2017 | 3,646 Current prices, million euro | +3.8% |
| 2018 | 3,737 Current prices, million euro | +2.5% |
| 2019 | 3,942 Current prices, million euro | +5.5% |
| 2020 | 3,795 Current prices, million euro | -3.7% |
| 2021 | 3,980 Current prices, million euro | +4.9% |
| 2022 | 4,074 Current prices, million euro | +2.4% |
| 2023 | 4,475 Current prices, million euro | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,943 Current prices, million euro | 2,777 Current prices, million euro | 3,175 Current prices, million euro | 10 |
| 2010s | 3,445 Current prices, million euro | 2,964 Current prices, million euro | 3,942 Current prices, million euro | 10 |
| 2020s | 4,081 Current prices, million euro | 3,795 Current prices, million euro | 4,475 Current prices, million euro | 4 |
More economy & growth data for Remscheid, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 113.9 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 4,899 Million euro (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Remscheid, Kreisfreie Stadt?
- Gross value added at basic prices by nuts 3 region in Remscheid, Kreisfreie Stadt was 4,475 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 Remscheid, Kreisfreie Stadt?
- The highest recorded value was 4,475 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Remscheid, Kreisfreie Stadt?
- The lowest recorded value was 2,777 Current prices, million euro in 2002.
- How does Remscheid, Kreisfreie Stadt rank for gross value added at basic prices by nuts 3 region?
- Remscheid, Kreisfreie Stadt ranks 1210th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Remscheid, Kreisfreie Stadt?
- Over the last ten years it is up 37.5%. The long-run trend across the full record is rising.
- Where does this Remscheid, Kreisfreie Stadt 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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