Nominal Labour productivity by NUTS 3 region in Madrid

Madrid: Nominal Labour productivity by NUTS 3 region was 76,700 in 2023. ▲ Rising

Latest (2023)
76,700
Change on year
up 6.7%
Rank
829th
of 1507 regions
All-time high
76,700
in 2023
All-time low
43,600
in 2000
Years of data
24
2000–2023

Nominal Labour productivity by NUTS 3 region in Madrid, 2000–2023

020.0k40.0k60.0k80.0k2000201120232000: 43.6k2001: 45.5k2002: 47.3k2003: 49.2k2004: 50.7k2005: 52.3k2006: 54.5k2007: 57.0k2008: 58.3k2009: 60.1k2010: 60.7k2011: 61.9k2012: 63.2k2013: 63.0k2014: 62.9k2015: 63.9k2016: 65.4k2017: 66.5k2018: 67.5k2019: 68.6k2020: 64.4k2021: 67.7k2022: 71.9k2023: 76.7k

Source: Eurostat.

Analysis

Madrid recorded 76,700 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 in 2023 and was at its lowest, 43,600, in 2000.

Madrid ranks 829th of 1507 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 51,850 43,600 60,100 10
2010s 64,360 60,700 68,600 10
2020s 70,175 64,400 76,700 4

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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 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 in 2023.
What is the lowest nominal labour productivity by nuts 3 region recorded in Madrid?
The lowest recorded value was 43,600 in 2000.
How does Madrid rank for nominal labour productivity by nuts 3 region?
Madrid ranks 829th out of 1507 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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About this data

Indicator
Nominal Labour productivity by NUTS 3 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
1,534 places, 37,162 data points, 2000–2024
Last refreshed