Nominal Labour productivity by NUTS 2 region in Vest
Vest: Nominal Labour productivity by NUTS 2 region was 45,700 Euro in 2024. ◆ Volatile
Nominal Labour productivity by NUTS 2 region in Vest, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for nominal labour productivity by nuts 2 region in Vest is 45,700 Euro, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 7.0% on the previous year and up 151.1% over ten years.
Over the whole period, nominal labour productivity by nuts 2 region in Vest peaked at 45,700 Euro in 2024 and was at its lowest, 4,200 Euro, in 2000.
That places Vest 256th out of 322 regions with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nominal Labour productivity by NUTS 2 region in Vest, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 4,200 Euro | — |
| 2001 | 4,800 Euro | +14.3% |
| 2002 | 5,500 Euro | +14.6% |
| 2003 | 6,000 Euro | +9.1% |
| 2004 | 7,400 Euro | +23.3% |
| 2005 | 9,700 Euro | +31.1% |
| 2006 | 12,000 Euro | +23.7% |
| 2007 | 15,300 Euro | +27.5% |
| 2008 | 17,800 Euro | +16.3% |
| 2009 | 15,600 Euro | -12.4% |
| 2010 | 17,000 Euro | +9.0% |
| 2011 | 17,900 Euro | +5.3% |
| 2012 | 17,800 Euro | -0.6% |
| 2013 | 17,700 Euro | -0.6% |
| 2014 | 18,200 Euro | +2.8% |
| 2015 | 21,100 Euro | +15.9% |
| 2016 | 23,100 Euro | +9.5% |
| 2017 | 24,800 Euro | +7.4% |
| 2018 | 26,800 Euro | +8.1% |
| 2019 | 29,200 Euro | +9.0% |
| 2020 | 28,600 Euro | -2.1% |
| 2021 | 30,700 Euro | +7.3% |
| 2022 | 34,600 Euro | +12.7% |
| 2023 | 42,700 Euro | +23.4% |
| 2024 | 45,700 Euro | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9,830 Euro | 4,200 Euro | 17,800 Euro | 10 |
| 2010s | 21,360 Euro | 17,000 Euro | 29,200 Euro | 10 |
| 2020s | 36,460 Euro | 28,600 Euro | 45,700 Euro | 5 |
More work & labour data for Vest
- Labour force participation rates by NUTS 2 region 54.2% (2025)
- Employment rates by NUTS 2 region 51.4% (2025)
- Employed persons by NUTS 2 region 653.7 Thousand persons (2025)
- Population in private households by country of birth, labour status 1,272 Thousand persons (2025)
- Population in private households by citizenship, labour status and 1,272 Thousand persons (2025)
- Labour force participation rates by educational attainment level 64.5% (2025)
- Labour force participation rates by educational attainment level 64.5% (2025)
- Labour force by educational attainment level and NUTS 2 region 689.2 Thousand persons (2025)
- Labour force by NUTS 2 region 689.2 Thousand persons (2025)
- Employed persons by job tenure and NUTS 2 region 653.7 Thousand persons (2025)
Frequently asked questions
- What is nominal labour productivity by nuts 2 region in Vest?
- Nominal labour productivity by nuts 2 region in Vest was 45,700 Euro in 2024, according to Eurostat.
- What is the highest nominal labour productivity by nuts 2 region recorded in Vest?
- The highest recorded value was 45,700 Euro in 2024.
- What is the lowest nominal labour productivity by nuts 2 region recorded in Vest?
- The lowest recorded value was 4,200 Euro in 2000.
- How does Vest rank for nominal labour productivity by nuts 2 region?
- Vest ranks 256th out of 322 regions with data for 2024.
- Is nominal labour productivity by nuts 2 region rising or falling in Vest?
- Over the last ten years it is up 151.1%. 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 Nominal Labour productivity by NUTS 2 region. Statizoid updates them automatically from the source API.
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