Gross value added at basic prices by NUTS 3 region in Tenerife
Tenerife: Gross value added at basic prices by NUTS 3 region was 21,947 in 2023. ▲ Rising
Gross value added at basic prices by NUTS 3 region in Tenerife, 2000–2023
Source: Eurostat.
Analysis
In 2023, gross value added at basic prices by nuts 3 region in Tenerife stood at 21,947. 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 39.7% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in Tenerife peaked at 21,947 in 2023 and was at its lowest, 9,748, in 2000.
Tenerife ranks 461st 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 | 13,614 | 9,748 | 16,989 | 10 |
| 2010s | 16,917 | 15,706 | 18,978 | 10 |
| 2020s | 18,679 | 15,683 | 21,947 | 4 |
More economy & growth data for Tenerife
- Average annual population to calculate regional GDP data (thousand per 962.2 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 23,327 (2023)
- Business demography by size class and NUTS 3 region 73,280 (2020)
- Business demography and high growth enterprise by NACE Rev. 2 and NUTS 73,280 (2020)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in Tenerife?
- Gross value added at basic prices by nuts 3 region in Tenerife was 21,947 in 2023, according to Eurostat.
- What is the highest gross value added at basic prices by nuts 3 region recorded in Tenerife?
- The highest recorded value was 21,947 in 2023.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in Tenerife?
- The lowest recorded value was 9,748 in 2000.
- How does Tenerife rank for gross value added at basic prices by nuts 3 region?
- Tenerife ranks 461st out of 1664 regions with data for 2023.
- Is gross value added at basic prices by nuts 3 region rising or falling in Tenerife?
- Over the last ten years it is up 39.7%. The long-run trend across the full record is rising.
- Where does this Tenerife 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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