Compensation of employees by NUTS 2 region in Vest

Vest: Compensation of employees by NUTS 2 region was 11,679 in 2023. ◆ Volatile

Latest (2023)
11,679
Change on year
up 16.3%
Rank
242nd
of 323 regions
All-time high
11,679
in 2023
All-time low
1,423
in 2000
Years of data
24
2000–2023

Compensation of employees by NUTS 2 region in Vest, 2000–2023

2.5k5.0k7.5k10.0k12.5k2000201120232000: 1.4k2001: 1.6k2002: 1.8k2003: 1.8k2004: 2.1k2005: 3.0k2006: 3.6k2007: 4.1k2008: 5.1k2009: 4.0k2010: 4.0k2011: 4.2k2012: 4.5k2013: 4.6k2014: 4.9k2015: 5.3k2016: 6.2k2017: 7.1k2018: 7.6k2019: 8.4k2020: 8.3k2021: 8.7k2022: 10.0k2023: 11.7k

Source: Eurostat.

Analysis

The most recent figure for compensation of employees by nuts 2 region in Vest is 11,679, measured in 2023. That is the highest value across all 24 years on record.

That represents a change of up 16.3% on the previous year and up 151.5% over ten years.

Over the whole period, compensation of employees by nuts 2 region in Vest peaked at 11,679 in 2023 and was at its lowest, 1,423, in 2000.

Vest ranks 242nd of 323 regions on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Compensation of employees by NUTS 2 region in Vest, year by year

Annual values for Compensation of employees by NUTS 2 region in Vest, 2000 to 2023.
Year Value Change
2000 1,423
2001 1,649 +15.9%
2002 1,757 +6.6%
2003 1,818 +3.5%
2004 2,131 +17.2%
2005 2,997 +40.7%
2006 3,553 +18.5%
2007 4,052 +14.0%
2008 5,147 +27.0%
2009 4,006 -22.2%
2010 3,971 -0.9%
2011 4,169 +5.0%
2012 4,470 +7.2%
2013 4,644 +3.9%
2014 4,928 +6.1%
2015 5,321 +8.0%
2016 6,170 +16.0%
2017 7,133 +15.6%
2018 7,644 +7.2%
2019 8,389 +9.7%
2020 8,266 -1.5%
2021 8,719 +5.5%
2022 10,047 +15.2%
2023 11,679 +16.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2,853 1,423 5,147 10
2010s 5,684 3,971 8,389 10
2020s 9,678 8,266 11,679 4

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Frequently asked questions

What is compensation of employees by nuts 2 region in Vest?
Compensation of employees by nuts 2 region in Vest was 11,679 in 2023, according to Eurostat.
What is the highest compensation of employees by nuts 2 region recorded in Vest?
The highest recorded value was 11,679 in 2023.
What is the lowest compensation of employees by nuts 2 region recorded in Vest?
The lowest recorded value was 1,423 in 2000.
How does Vest rank for compensation of employees by nuts 2 region?
Vest ranks 242nd out of 323 regions with data for 2023.
Is compensation of employees by nuts 2 region rising or falling in Vest?
Over the last ten years it is up 151.5%. The long-run trend across the full record is volatile.
Where does this Vest data come from?
The figures come from Eurostat, published as part of Compensation of employees by NUTS 2 region. Statizoid updates them automatically from the source API.

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Compensation of employees by NUTS 2 region in Vest. Statizoid, drawing on Eurostat. Retrieved 22 August 2026, from https://labour.statizoid.com/stat/compensation-of-employees-by-nuts-2-region/vest/

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About this data

Indicator
Compensation of employees by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
357 places, 8,539 data points, 2000–2024
Last refreshed