Gross value added at basic prices by NUTS 3 region in West
West: Gross value added at basic prices by NUTS 3 region was 29,129 Current prices, million euro in 2024. ▲ Rising
Gross value added at basic prices by NUTS 3 region in West, 2000–2024
Source: Eurostat. Measured in Current prices, million euro.
Analysis
In 2024, gross value added at basic prices by nuts 3 region in West stood at 29,129 Current prices, million euro. That is the highest value across all 25 years on record.
The figure is up 0.2% on the previous year and up 125.8% over ten years.
Over the whole period, gross value added at basic prices by nuts 3 region in West peaked at 29,129 Current prices, million euro in 2024 and was at its lowest, 7,001 Current prices, million euro, in 2000.
That places West 360th out of 1664 regions with data for 2024, putting it in the top quarter.
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 West, year by year
| Year | Current prices, million euro | Change |
|---|---|---|
| 2000 | 7,001 Current prices, million euro | — |
| 2001 | 7,954 Current prices, million euro | +13.6% |
| 2002 | 8,825 Current prices, million euro | +11.0% |
| 2003 | 9,262 Current prices, million euro | +4.9% |
| 2004 | 10,090 Current prices, million euro | +8.9% |
| 2005 | 11,132 Current prices, million euro | +10.3% |
| 2006 | 11,260 Current prices, million euro | +1.1% |
| 2007 | 13,169 Current prices, million euro | +17.0% |
| 2008 | 12,137 Current prices, million euro | -7.8% |
| 2009 | 10,037 Current prices, million euro | -17.3% |
| 2010 | 12,379 Current prices, million euro | +23.3% |
| 2011 | 11,625 Current prices, million euro | -6.1% |
| 2012 | 11,009 Current prices, million euro | -5.3% |
| 2013 | 11,703 Current prices, million euro | +6.3% |
| 2014 | 12,903 Current prices, million euro | +10.3% |
| 2015 | 13,879 Current prices, million euro | +7.6% |
| 2016 | 13,964 Current prices, million euro | +0.6% |
| 2017 | 14,347 Current prices, million euro | +2.7% |
| 2018 | 15,429 Current prices, million euro | +7.5% |
| 2019 | 16,557 Current prices, million euro | +7.3% |
| 2020 | 19,644 Current prices, million euro | +18.6% |
| 2021 | 22,849 Current prices, million euro | +16.3% |
| 2022 | 26,776 Current prices, million euro | +17.2% |
| 2023 | 29,058 Current prices, million euro | +8.5% |
| 2024 | 29,129 Current prices, million euro | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10,087 Current prices, million euro | 7,001 Current prices, million euro | 13,169 Current prices, million euro | 10 |
| 2010s | 13,379 Current prices, million euro | 11,009 Current prices, million euro | 16,557 Current prices, million euro | 10 |
| 2020s | 25,491 Current prices, million euro | 19,644 Current prices, million euro | 29,129 Current prices, million euro | 5 |
More economy & growth data for West
- Average annual population to calculate regional GDP data (thousand) 511.14 Thousand (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 30,592 Million euro (2024)
Frequently asked questions
- What is gross value added at basic prices by nuts 3 region in West?
- Gross value added at basic prices by nuts 3 region in West was 29,129 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 West?
- The highest recorded value was 29,129 Current prices, million euro in 2024.
- What is the lowest gross value added at basic prices by nuts 3 region recorded in West?
- The lowest recorded value was 7,001 Current prices, million euro in 2000.
- How does West rank for gross value added at basic prices by nuts 3 region?
- West ranks 360th out of 1664 regions with data for 2024.
- Is gross value added at basic prices by nuts 3 region rising or falling in West?
- Over the last ten years it is up 125.8%. The long-run trend across the full record is rising.
- Where does this West 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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