Data / Real GDP growth / Região Autónoma da Madeira

Real GDP growth in Região Autónoma da Madeira

Real GDP growth in Região Autónoma da Madeira was 1.5% in 2024, according to Eurostat, European Commission. That is down 3.1 pts from 2023. That is the 8th highest of 9 regions in 2024.

20241.5% Provisional
Change on 2023-3.1 pts
Rank8th of 9Regions of Portugal (NUTS 2) ranked
Series high16.52022
Series low-15.52020

Real GDP growth in Região Autónoma da Madeira, 2000 to 2024

CSVChart (SVG)

-20-100102020002004200820122016202020242000: 4.8 %2001: -0.2 %2002: 8.3 %2003: 0.5 %2004: 5.7 %2005: 2.6 %2006: 2.4 %2007: 1.3 %2008: 1.1 %2009: -3.7 %2010: 1 %2011: -0.2 %2012: -7.7 %2013: -1.2 %2014: 0.8 %2015: 1.2 %2016: 2.1 %2017: 4.9 %2018: 1.3 %2019: 1.9 %2020: -15.5 %2021: 10.8 %2022: 16.5 %2023: 4.6 %2024: 1.5 %
%. Source: Eurostat. Retrieved 2026-10-09, published 2026-03-23.
All 25 values
Period%
20241.5 Provisional
20234.6
202216.5
202110.8
2020-15.5
20191.9
20181.3
20174.9
20162.1
20151.2
20140.8
2013-1.2
2012-7.7
2011-0.2
20101
2009-3.7
20081.1
20071.3
20062.4
20052.6
20045.7
20030.5
20028.3
2001-0.2
20004.8

Compared with Portugal and European Union (27)

Place2024
Região Autónoma da Madeira1.5
Portugal2.7
European Union (27)1.3

Rankings

Definition

Annual percentage change of GDP in chain-linked volumes, or at constant prices in the World Bank series.

Each value comes from one official source for that place: national statistics offices, Eurostat, for the United States the Bureau of Economic Analysis or, for other countries and the World, the World Bank. Annual values compare one calendar year with the previous one; quarterly values compare a quarter with the same quarter a year earlier. Past values can be revised. United States figures come from BEA tables SAGDP11 for the nation and states and CAGDP11 for counties. Growth in small counties can swing widely from year to year.

How to cite

Eurostat. GDP in volume by NUTS 2 region, percentage change on previous year (nama_10r_2gvagr). https://ec.europa.eu/eurostat/databrowser/view/nama_10r_2gvagr/default/table. Retrieved 2026-10-09.

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Questions

What is the real GDP growth in Região Autónoma da Madeira?

Real GDP growth in Região Autónoma da Madeira was 1.5% in 2024, according to Eurostat, European Commission. That is down 3.1 pts from 2023. That is the 8th highest of 9 regions in 2024.

Where does this figure come from?

Eurostat, European Commission. GDP in volume by NUTS 2 region, percentage change on previous year (nama_10r_2gvagr). Retrieved by Invokely on 2026-10-09.

What was the highest real GDP growth in Região Autónoma da Madeira?

16.5% in 2022, the highest value since 2000 in this series.

More statistics for Região Autónoma da Madeira

All statistics for Região Autónoma da Madeira