Nominal Labour productivity by NUTS 3 region in Remscheid, Kreisfreie Stadt
Remscheid, Kreisfreie Stadt: Nominal Labour productivity by NUTS 3 region was 79,600 Euro in 2023. ▲ Rising
Nominal Labour productivity by NUTS 3 region in Remscheid, Kreisfreie Stadt, 2000–2023
Source: Eurostat. Measured in Euro.
Analysis
The most recent figure for nominal labour productivity by nuts 3 region in Remscheid, Kreisfreie Stadt is 79,600 Euro, measured in 2023. That is the highest value across all 24 years on record.
The figure is up 8.4% on the previous year and up 30.1% over ten years.
Over the whole period, nominal labour productivity by nuts 3 region in Remscheid, Kreisfreie Stadt peaked at 79,600 Euro in 2023 and was at its lowest, 48,500 Euro, in 2002.
That places Remscheid, Kreisfreie Stadt 740th out of 1501 regions with data for 2023, putting it 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 Remscheid, Kreisfreie Stadt, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 48,800 Euro | — |
| 2001 | 49,900 Euro | +2.3% |
| 2002 | 48,500 Euro | -2.8% |
| 2003 | 53,000 Euro | +9.3% |
| 2004 | 51,800 Euro | -2.3% |
| 2005 | 52,800 Euro | +1.9% |
| 2006 | 54,900 Euro | +4.0% |
| 2007 | 56,600 Euro | +3.1% |
| 2008 | 57,300 Euro | +1.2% |
| 2009 | 52,400 Euro | -8.6% |
| 2010 | 55,500 Euro | +5.9% |
| 2011 | 60,000 Euro | +8.1% |
| 2012 | 60,200 Euro | +0.3% |
| 2013 | 61,200 Euro | +1.7% |
| 2014 | 64,800 Euro | +5.9% |
| 2015 | 64,100 Euro | -1.1% |
| 2016 | 65,200 Euro | +1.7% |
| 2017 | 67,100 Euro | +2.9% |
| 2018 | 68,100 Euro | +1.5% |
| 2019 | 71,100 Euro | +4.4% |
| 2020 | 68,900 Euro | -3.1% |
| 2021 | 73,000 Euro | +6.0% |
| 2022 | 73,400 Euro | +0.5% |
| 2023 | 79,600 Euro | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 52,600 Euro | 48,500 Euro | 57,300 Euro | 10 |
| 2010s | 63,730 Euro | 55,500 Euro | 71,100 Euro | 10 |
| 2020s | 73,725 Euro | 68,900 Euro | 79,600 Euro | 4 |
More work & labour data for Remscheid, Kreisfreie Stadt
- Employment (thousand persons) by NUTS 3 region 61.55 Thousand (2023)
Frequently asked questions
- What is nominal labour productivity by nuts 3 region in Remscheid, Kreisfreie Stadt?
- Nominal labour productivity by nuts 3 region in Remscheid, Kreisfreie Stadt was 79,600 Euro in 2023, according to Eurostat.
- What is the highest nominal labour productivity by nuts 3 region recorded in Remscheid, Kreisfreie Stadt?
- The highest recorded value was 79,600 Euro in 2023.
- What is the lowest nominal labour productivity by nuts 3 region recorded in Remscheid, Kreisfreie Stadt?
- The lowest recorded value was 48,500 Euro in 2002.
- How does Remscheid, Kreisfreie Stadt rank for nominal labour productivity by nuts 3 region?
- Remscheid, Kreisfreie Stadt ranks 740th out of 1501 regions with data for 2023.
- Is nominal labour productivity by nuts 3 region rising or falling in Remscheid, Kreisfreie Stadt?
- Over the last ten years it is up 30.1%. The long-run trend across the full record is rising.
- Where does this Remscheid, 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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