Gross value added at basic prices by NUTS 3 region in Solingen, Kreisfreie Stadt
Solingen, Kreisfreie Stadt: Gross value added at basic prices by NUTS 3 region was 5,074 Current prices, million euro in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Solingen, Kreisfreie Stadt, 2000–2023
Source: Eurostat. Measured in Current prices, million euro.
Analysis
Solingen, Kreisfreie Stadt recorded 5,074 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.
The figure is up 4.1% on the previous year and up 32.4% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Solingen, Kreisfreie Stadt peaked at 5,074 Current prices, million euro in 2023 and was at its lowest, 3,085 Current prices, million euro, in 2002.
That places Solingen, Kreisfreie Stadt 1149th out of 1664 regions with data for 2023, putting it 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 Solingen, Kreisfreie Stadt, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 3,129 Current prices, million euro | — |
| 2001 | 3,129 Current prices, million euro | +0.0% |
| 2002 | 3,085 Current prices, million euro | -1.4% |
| 2003 | 3,112 Current prices, million euro | +0.9% |
| 2004 | 3,233 Current prices, million euro | +3.9% |
| 2005 | 3,336 Current prices, million euro | +3.2% |
| 2006 | 3,394 Current prices, million euro | +1.7% |
| 2007 | 3,603 Current prices, million euro | +6.2% |
| 2008 | 3,625 Current prices, million euro | +0.6% |
| 2009 | 3,354 Current prices, million euro | -7.5% |
| 2010 | 3,448 Current prices, million euro | +2.8% |
| 2011 | 3,558 Current prices, million euro | +3.2% |
| 2012 | 3,713 Current prices, million euro | +4.3% |
| 2013 | 3,832 Current prices, million euro | +3.2% |
| 2014 | 3,949 Current prices, million euro | +3.1% |
| 2015 | 4,149 Current prices, million euro | +5.1% |
| 2016 | 4,213 Current prices, million euro | +1.5% |
| 2017 | 4,370 Current prices, million euro | +3.7% |
| 2018 | 4,448 Current prices, million euro | +1.8% |
| 2019 | 4,523 Current prices, million euro | +1.7% |
| 2020 | 4,509 Current prices, million euro | -0.3% |
| 2021 | 4,675 Current prices, million euro | +3.7% |
| 2022 | 4,874 Current prices, million euro | +4.3% |
| 2023 | 5,074 Current prices, million euro | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,300 Current prices, million euro | 3,085 Current prices, million euro | 3,625 Current prices, million euro | 10 |
| 2010s | 4,020 Current prices, million euro | 3,448 Current prices, million euro | 4,523 Current prices, million euro | 10 |
| 2020s | 4,783 Current prices, million euro | 4,509 Current prices, million euro | 5,074 Current prices, million euro | 4 |
More economy & growth data for Solingen, Kreisfreie Stadt
- Average annual population to calculate regional GDP data (thousand) 165.65 Thousand (2023)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 5,555 Million euro (2023)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Solingen, Kreisfreie Stadt?
- Gross value added at basic prices by nuts 3 region in Solingen, Kreisfreie Stadt was 5,074 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 Solingen, Kreisfreie Stadt?
- The highest recorded value was 5,074 Current prices, million euro in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Solingen, Kreisfreie Stadt?
- The lowest recorded value was 3,085 Current prices, million euro in 2002.
- How does Solingen, Kreisfreie Stadt rank for gross value added at basic prices by nuts 3 region?
- Solingen, Kreisfreie Stadt ranks 1149th out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Solingen, Kreisfreie Stadt?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is rising.
- Where does this Solingen, 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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