Real GDP increased in most EU regions in 2024

In 2024, real GDP increased in 169 EU regions compared with 2023, while decreases were registered in 64 regions. 

The region with the largest growth in real GDP was Yuzhen Tsentralen in Bulgaria, with a 11.6% increase, followed by Eastern and Midland in Ireland (+8.5%), Severen Tsentralen, also in Bulgaria (+8.4%), Malta (a single region at this level of detail; +7.0%) and Mayotte, an overseas region in France (+6.2%).

The highest fall in real GDP was registered in the Bulgarian region of Yugoiztochen (-12.7%), followed by the Southern region in Ireland (-5.5%) and La Réunion, an overseas region in France (-3.7%). The Northern and Western region in Ireland and Kärnten in Austria came next, both with a 3.6% decrease.

Source dataset: nama_10r_2gvagr

This information comes from data on regional national accounts published by Eurostat today, based on level 2 of the Nomenclature of territorial units for statistics (NUTS 2).

EU regions with highest GDP per capita: Eastern and Midland in Ireland and Luxembourg 

In 2024, regional GDP per capita, expressed in terms of purchasing power standards (PPS), ranged from 30.1% of the EU average in the French region of Mayotte to 268.3% in the Eastern and Midland region in Ireland.

As in 2023, after Ireland’s Eastern and Midland, the leading regions were Luxembourg (244.6% of the EU average), a single region at this level of detail, and Southern Ireland (216.6%). Hamburg in Germany (196.1%) and Praha in Czechia (191.8%) followed. The high GDP per capita in Luxembourg and Praha can be partly explained by a high inflow of commuting workers and by major multinational enterprises domiciled in the regions of Eastern and Midland, and Southern Ireland.

Source dataset: nama_10r_2gdp

In contrast, in addition to Mayotte (30.1% of the EU average), the regions with the lowest ranking of regional GDP per capita in 2024 included Guyane, another French region (40.8%), Severozapaden in Bulgaria (41.7%), Voreio Aigaio in Greece (42.1%) and Severen Tsentralen also in Bulgaria (43.3%).