Nominal Labour productivity by NUTS 3 region in Madrid
Madrid: Nominal Labour productivity by NUTS 3 region was 76,700 Euro in 2023. ▲ Rising
Nominal Labour productivity by NUTS 3 region in Madrid, 2000–2023
Source: Eurostat. Measured in Euro.
Analysis
Madrid recorded 76,700 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 6.7% on the previous year and up 21.7% over ten years.
Over the whole period, nominal labour productivity by nuts 3 region in Madrid peaked at 76,700 Euro in 2023 and was at its lowest, 43,600 Euro, in 2000.
Madrid ranks 826th 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 Madrid, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 43,600 Euro | — |
| 2001 | 45,500 Euro | +4.4% |
| 2002 | 47,300 Euro | +4.0% |
| 2003 | 49,200 Euro | +4.0% |
| 2004 | 50,700 Euro | +3.0% |
| 2005 | 52,300 Euro | +3.2% |
| 2006 | 54,500 Euro | +4.2% |
| 2007 | 57,000 Euro | +4.6% |
| 2008 | 58,300 Euro | +2.3% |
| 2009 | 60,100 Euro | +3.1% |
| 2010 | 60,700 Euro | +1.0% |
| 2011 | 61,900 Euro | +2.0% |
| 2012 | 63,200 Euro | +2.1% |
| 2013 | 63,000 Euro | -0.3% |
| 2014 | 62,900 Euro | -0.2% |
| 2015 | 63,900 Euro | +1.6% |
| 2016 | 65,400 Euro | +2.3% |
| 2017 | 66,500 Euro | +1.7% |
| 2018 | 67,500 Euro | +1.5% |
| 2019 | 68,600 Euro | +1.6% |
| 2020 | 64,400 Euro | -6.1% |
| 2021 | 67,700 Euro | +5.1% |
| 2022 | 71,900 Euro | +6.2% |
| 2023 | 76,700 Euro | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51,850 Euro | 43,600 Euro | 60,100 Euro | 10 |
| 2010s | 64,360 Euro | 60,700 Euro | 68,600 Euro | 10 |
| 2020s | 70,175 Euro | 64,400 Euro | 76,700 Euro | 4 |
More work & labour data for Madrid
- Labour market - FUAs — Labour force 3.44 million Persons (2014)
- Labour market - FUAs — Employment 2.79 million Persons (2014)
- Economy - FUAs — Employment at place of work 3.77 million Persons (2022)
- Employment (thousand persons) by NUTS 3 region 3,858 Thousand (2023)
- Employer business demography by NACE Rev. 2 and NUTS 3 region 228,117 (2020)
- Employer business demography by size class and NUTS 3 region 228,834 (2019)
Frequently asked questions
- What is nominal labour productivity by nuts 3 region in Madrid?
- Nominal labour productivity by nuts 3 region in Madrid was 76,700 Euro in 2023, according to Eurostat.
- What is the highest nominal labour productivity by nuts 3 region recorded in Madrid?
- The highest recorded value was 76,700 Euro in 2023.
- What is the lowest nominal labour productivity by nuts 3 region recorded in Madrid?
- The lowest recorded value was 43,600 Euro in 2000.
- How does Madrid rank for nominal labour productivity by nuts 3 region?
- Madrid ranks 826th out of 1501 regions with data for 2023.
- Is nominal labour productivity by nuts 3 region rising or falling in Madrid?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is rising.
- Where does this Madrid 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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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).