Nominal Labour productivity by NUTS 3 region in South-West
South-West: Nominal Labour productivity by NUTS 3 region was 317,100 Euro in 2024. ◆ Volatile
Nominal Labour productivity by NUTS 3 region in South-West, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
In 2024, nominal labour productivity by nuts 3 region in South-West stood at 317,100 Euro.
Compared with earlier readings it is down 4.5% on the previous year and up 221.0% over ten years.
Over the whole period, nominal labour productivity by nuts 3 region in South-West peaked at 387,800 Euro in 2022 and was at its lowest, 69,100 Euro, in 2000.
That places South-West 1st out of 1547 regions with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Nominal Labour productivity by NUTS 3 region in South-West, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 69,100 Euro | — |
| 2001 | 77,300 Euro | +11.9% |
| 2002 | 86,400 Euro | +11.8% |
| 2003 | 88,200 Euro | +2.1% |
| 2004 | 88,800 Euro | +0.7% |
| 2005 | 89,100 Euro | +0.3% |
| 2006 | 94,700 Euro | +6.3% |
| 2007 | 96,700 Euro | +2.1% |
| 2008 | 85,000 Euro | -12.1% |
| 2009 | 95,300 Euro | +12.1% |
| 2010 | 93,600 Euro | -1.8% |
| 2011 | 104,600 Euro | +11.8% |
| 2012 | 95,500 Euro | -8.7% |
| 2013 | 89,200 Euro | -6.6% |
| 2014 | 98,800 Euro | +10.8% |
| 2018 | 264,000 Euro | +167.2% |
| 2019 | 265,900 Euro | +0.7% |
| 2020 | 280,700 Euro | +5.6% |
| 2021 | 337,300 Euro | +20.2% |
| 2022 | 387,800 Euro | +15.0% |
| 2023 | 332,200 Euro | -14.3% |
| 2024 | 317,100 Euro | -4.5% |
Biggest year-on-year movements
Years where Nominal Labour productivity by NUTS 3 region in South-West changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +167.2% | 98,800 Euro | 264,000 Euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87,060 Euro | 69,100 Euro | 96,700 Euro | 10 |
| 2010s | 144,514 Euro | 89,200 Euro | 265,900 Euro | 7 |
| 2020s | 331,020 Euro | 280,700 Euro | 387,800 Euro | 5 |
Countries ranked near South-West
More work & labour data for South-West
- Employment (thousand persons) by NUTS 3 region 397.15 Thousand (2024)
Frequently asked questions
- What is nominal labour productivity by nuts 3 region in South-West?
- Nominal labour productivity by nuts 3 region in South-West was 317,100 Euro in 2024, according to Eurostat.
- What is the highest nominal labour productivity by nuts 3 region recorded in South-West?
- The highest recorded value was 387,800 Euro in 2022.
- What is the lowest nominal labour productivity by nuts 3 region recorded in South-West?
- The lowest recorded value was 69,100 Euro in 2000.
- How does South-West rank for nominal labour productivity by nuts 3 region?
- South-West ranks 1st out of 1547 regions with data for 2024.
- Is nominal labour productivity by nuts 3 region rising or falling in South-West?
- Over the last ten years it is up 221.0%. The long-run trend across the full record is volatile.
- Where does this South-West 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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