Nominal Labour productivity by NUTS 3 region in Vest

Vest: Nominal Labour productivity by NUTS 3 region was 45,700 in 2024. ◆ Volatile

Latest (2024)
45,700
Change on year
up 7.0%
Rank
1176th
of 1507 regions
All-time high
45,700
in 2024
All-time low
4,200
in 2000
Years of data
25
2000–2024

Nominal Labour productivity by NUTS 3 region in Vest, 2000–2024

010.0k20.0k30.0k40.0k50.0k2000201220242000: 4.2k2001: 4.8k2002: 5.5k2003: 6.0k2004: 7.4k2005: 9.7k2006: 12.0k2007: 15.3k2008: 17.8k2009: 15.6k2010: 17.0k2011: 17.9k2012: 17.8k2013: 17.7k2014: 18.2k2015: 21.1k2016: 23.1k2017: 24.8k2018: 26.8k2019: 29.2k2020: 28.6k2021: 30.7k2022: 34.6k2023: 42.7k2024: 45.7k

Source: Eurostat.

Analysis

Vest recorded 45,700 for nominal labour productivity by nuts 3 region in 2024. That is the highest value across all 25 years on record.

The figure is up 7.0% on the previous year and up 151.1% over ten years.

Over the whole period, nominal labour productivity by nuts 3 region in Vest peaked at 45,700 in 2024 and was at its lowest, 4,200, in 2000.

That places Vest 1176th out of 1507 regions with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9,830 4,200 17,800 10
2010s 21,360 17,000 29,200 10
2020s 36,460 28,600 45,700 5

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Frequently asked questions

What is nominal labour productivity by nuts 3 region in Vest?
Nominal labour productivity by nuts 3 region in Vest was 45,700 in 2024, according to Eurostat.
What is the highest nominal labour productivity by nuts 3 region recorded in Vest?
The highest recorded value was 45,700 in 2024.
What is the lowest nominal labour productivity by nuts 3 region recorded in Vest?
The lowest recorded value was 4,200 in 2000.
How does Vest rank for nominal labour productivity by nuts 3 region?
Vest ranks 1176th out of 1507 regions with data for 2024.
Is nominal labour productivity by nuts 3 region rising or falling in Vest?
Over the last ten years it is up 151.1%. The long-run trend across the full record is volatile.
Where does this Vest 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