Gross value added at basic prices by NUTS 3 region in Rīga
Rīga: Gross value added at basic prices by NUTS 3 region was 22,904 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Rīga, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2023, gross value added at basic prices by nuts 3 region in Rīga stood at 22,904 Current prices, million euro. That is the highest value across all 24 years on record.
That represents a change of up 12.5% on the previous year and up 82.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Rīga peaked at 22,904 Current prices, million euro in 2023 and was at its lowest, 4,648 Current prices, million euro, in 2000.
Rīga ranks 448th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,994 Current prices, million euro | 4,648 Current prices, million euro | 13,355 Current prices, million euro | 10 |
| 2010s | 13,362 Current prices, million euro | 9,965 Current prices, million euro | 16,818 Current prices, million euro | 10 |
| 2020s | 19,454 Current prices, million euro | 16,350 Current prices, million euro | 22,904 Current prices, million euro | 4 |
More economy & growth data for Rīga
- Average annual population to calculate regional GDP data (thousand per 855.74 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 26,049 Million euro (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Rīga?
- Gross value added at basic prices by nuts 3 region in Rīga was 22,904 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 Rīga?
- The highest recorded value was 22,904 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Rīga?
- The lowest recorded value was 4,648 Current prices, million euro in 2000.
- How does Rīga rank for gross value added at basic prices by nuts 3 region?
- Rīga ranks 448th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Rīga?
- Over the last ten years it is up 82.8%. The long-run trend across the full record is rising.
- Where does this Rīga 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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