Main farm indicators by rural development support measures, utilized in Algarve
Algarve: Main farm indicators by rural development support measures, utilized was 546.96 million in 2023. ◆ Volatile
Main farm indicators by rural development support measures, utilized in Algarve, 2010–2023
Source: Eurostat.
Analysis
The most recent figure for main farm indicators by rural development support measures, utilized in Algarve is 546.96 million, measured in 2023. That is the highest value across all 5 years on record.
The figure is up 46.4% on the previous year and up 310.1% over ten years.
Over the whole period, main farm indicators by rural development support measures, utilized in Algarve peaked at 546.96 million in 2023 and was at its lowest, 121.62 million, in 2010.
Algarve ranks 83rd of 121 regions on this measure, in the middle of the range.
Main farm indicators by rural development support measures, utilized in Algarve, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 121.62 million | — |
| 2013 | 133.36 million | +9.7% |
| 2016 | 236.04 million | +77.0% |
| 2020 | 373.54 million | +58.3% |
| 2023 | 546.96 million | +46.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 163.67 million | 121.62 million | 236.04 million | 3 |
| 2020s | 460.25 million | 373.54 million | 546.96 million | 2 |
More economy & growth data for Algarve
- Gross domestic product (GDP) and Gross value added (GVA) in volume by 135.8 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 2 region 14,312 (2024)
- Average annual population to calculate regional GDP data (thousand) 488.44 (2024)
- Gross domestic product (GDP) at current market prices by NUTS 3 region 14,312 (2024)
- Gross value added at basic prices by NUTS 3 region 12,446 (2024)
- Economic accounts for agriculture by NUTS 2 region - values at 0.57 (2024)
- Income quintile share ratio S80/S20 by NUTS 2 region 4.6 (2025)
- Economic accounts for agriculture by NUTS 2 region - values at n-1 0.82 (2024)
- Economic accounts for agriculture by NUTS 2 region - indices 69.78 (2024)
- Agricultural land prices by region 27,401 (2024)
Frequently asked questions
- What is main farm indicators by rural development support measures, utilized in Algarve?
- Main farm indicators by rural development support measures, utilized in Algarve was 546.96 million in 2023, according to Eurostat.
- What is the highest main farm indicators by rural development support measures, utilized recorded in Algarve?
- The highest recorded value was 546.96 million in 2023.
- What is the lowest main farm indicators by rural development support measures, utilized recorded in Algarve?
- The lowest recorded value was 121.62 million in 2010.
- How does Algarve rank for main farm indicators by rural development support measures, utilized?
- Algarve ranks 83rd out of 121 regions with data for 2023.
- Is main farm indicators by rural development support measures, utilized rising or falling in Algarve?
- Over the last ten years it is up 310.1%. The long-run trend across the full record is volatile.
- Where does this Algarve data come from?
- The figures come from Eurostat, published as part of Main farm indicators by rural development support measures, utilized agricultural area, type and economic size of the farm and NUTS 2 region. Statizoid updates them automatically from the source API.
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