Data / Gross domestic product (GDP) / Algarve

Gross domestic product (GDP) in Algarve

Gross domestic product (GDP) in Algarve was €14.31 billion in 2024, according to Eurostat, European Commission. That is up 8.3% from 2023. That is the 4th highest of 26 areas in 2024.

Compared with Algarve and Portugal and European Union (27)

Rankings

• EU countries by GDP (euros) 27 places
• NUTS 3 areas of Portugal by GDP (euros) 26 places

Definition

GDP at current market prices, EUR million.

In euros, for Spain and the EU. For the United States, its states and counties, and for other countries and the World, use gdp_usd.

How to cite

Eurostat. GDP at current market prices by NUTS 3 region (nama_10r_3gdp). https://ec.europa.eu/eurostat/databrowser/view/nama_10r_3gdp/default/table. Retrieved 2026-10-08.

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More statistics for Algarve

• Live births
• Crude birth rate
• Crude death rate
• Deaths
• Age dependency ratio (ages 15 to 64 base)
• Total fertility rate
• GDP per capita
• GDP per capita in PPS (EU27 = 100)
• Median age
• Population
• Population aged 15 to 64
• Population aged 65 and over
• Population density
• Nights spent in tourist accommodation

All statistics for Algarve