Nominal Labour productivity by NUTS 3 region in Hof, Kreisfreie Stadt
Hof, Kreisfreie Stadt: Nominal Labour productivity by NUTS 3 region was 71,800 Euro in 2023. ▲ Rising
Nominal Labour productivity by NUTS 3 region in Hof, Kreisfreie Stadt, 2000–2023
Source: Eurostat. Measured in Euro.
Analysis
Hof, Kreisfreie Stadt recorded 71,800 Euro for nominal labour productivity by nuts 3 region in 2023. That is the highest value across all 24 years on record.
That represents a change of up 7.0% on the previous year and up 33.5% over ten years.
Over the whole period, nominal labour productivity by nuts 3 region in Hof, Kreisfreie Stadt peaked at 71,800 Euro in 2023 and was at its lowest, 44,300 Euro, in 2000.
Hof, Kreisfreie Stadt ranks 926th of 1501 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.
Nominal Labour productivity by NUTS 3 region in Hof, Kreisfreie Stadt, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 44,300 Euro | — |
| 2001 | 47,200 Euro | +6.5% |
| 2002 | 47,700 Euro | +1.1% |
| 2003 | 46,900 Euro | -1.7% |
| 2004 | 47,000 Euro | +0.2% |
| 2005 | 46,600 Euro | -0.9% |
| 2006 | 47,700 Euro | +2.4% |
| 2007 | 48,700 Euro | +2.1% |
| 2008 | 48,800 Euro | +0.2% |
| 2009 | 48,500 Euro | -0.6% |
| 2010 | 51,500 Euro | +6.2% |
| 2011 | 53,600 Euro | +4.1% |
| 2012 | 55,100 Euro | +2.8% |
| 2013 | 53,800 Euro | -2.4% |
| 2014 | 54,700 Euro | +1.7% |
| 2015 | 55,500 Euro | +1.5% |
| 2016 | 56,600 Euro | +2.0% |
| 2017 | 57,100 Euro | +0.9% |
| 2018 | 58,800 Euro | +3.0% |
| 2019 | 60,200 Euro | +2.4% |
| 2020 | 60,300 Euro | +0.2% |
| 2021 | 63,100 Euro | +4.6% |
| 2022 | 67,100 Euro | +6.3% |
| 2023 | 71,800 Euro | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47,340 Euro | 44,300 Euro | 48,800 Euro | 10 |
| 2010s | 55,690 Euro | 51,500 Euro | 60,200 Euro | 10 |
| 2020s | 65,575 Euro | 60,300 Euro | 71,800 Euro | 4 |
More work & labour data for Hof, Kreisfreie Stadt
- Employment (thousand persons) by NUTS 3 region 33.99 Thousand (2023)
Frequently asked questions
- What is nominal labour productivity by nuts 3 region in Hof, Kreisfreie Stadt?
- Nominal labour productivity by nuts 3 region in Hof, Kreisfreie Stadt was 71,800 Euro in 2023, according to Eurostat.
- What is the highest nominal labour productivity by nuts 3 region recorded in Hof, Kreisfreie Stadt?
- The highest recorded value was 71,800 Euro in 2023.
- What is the lowest nominal labour productivity by nuts 3 region recorded in Hof, Kreisfreie Stadt?
- The lowest recorded value was 44,300 Euro in 2000.
- How does Hof, Kreisfreie Stadt rank for nominal labour productivity by nuts 3 region?
- Hof, Kreisfreie Stadt ranks 926th out of 1501 regions with data for 2023.
- Is nominal labour productivity by nuts 3 region rising or falling in Hof, Kreisfreie Stadt?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is rising.
- Where does this Hof, Kreisfreie Stadt data come from?
- The figures come from Eurostat, published as part of Nominal Labour productivity by NUTS 3 region. Statizoid updates them automatically from the source API.
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