Real growth rate of regional gross value added (GVA) at basic prices by NUTS 2 regions, percentage change on previous year. GVA is an indicator of the economic activity of a country or a region. It reflects the total value of all goods and services produced less the value of goods and services used for intermediate consumption in their production. Several years ago Eurostat has started to collect real growth rates of regional GVA at NUTS level 2 from those Member States which calculate this already. The indicator is part of the ESA 2010 data transmission programme, but the transmission will be obligatory only as from the end of 2017.
Type of variable: Continuous
Last updated by source: 2023-11-05