List Of NUTS Regions In The European Union By GDP
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This is a list of NUTS regions in the European Union by GDP. The
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...
uses a classification for subnational territory called ''Nomenclature of Territorial Units for Statistics'' (french: Nomenclature des unités territoriales statistiques) (commonly abbreviated as NUTS). The
NUTS 1 The Classification of Territorial Units for Statistics (NUTS, for the French ) is a geocode standard for referencing the administrative divisions of countries for statistical purposes. The standard was developed by the European Union. There ...
classification is applied to a group of regions, NUTS 2 for regions and NUTS 3 as subdivisions of regions. There are also two levels (NUTS 4 and 5) which relate to
local administrative unit Nomenclature of Territorial Units for Statistics or NUTS (french: Nomenclature des unités territoriales statistiques) is a geocode standard for referencing the subdivisions of countries for statistical purposes. The standard, adopted in 2003, ...
levels. Countries agree a NUTS classification with the
European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...
. Geddes notes that NUTS level 2 is "particularly important", because they often exist as territorial-government divisions and are used for regional policies by countries. NUTS 1 typically has a population of 3-7 million; NUTS 2 0.8-3 million; and NUTS 3 150,000-800,000. As of 2015, there are 98 regions at NUTS 1 level, 276 regions at NUTS 2 level and 1,342 regions at NUTS 3 level ''(as a result, statistics at the NUTS level 3 are found as an external link to this article)''. The EU is based on the classification of NUTS 2 regions as: less developed regions, transition regions and more developed regions. The EU's
Structural Funds and Cohesion Fund The European Structural and Investment Funds (ESI Funds, ESIFs) are financial tools governed by a common rulebook, set up to implement the regional policy of the European Union, as well as the structural policy pillars of the Common Agricultural ...
direct funding to NUTS level 2 regions based on their GDP (PPS) per capita in comparison to the EU average: less developed regions (less than 75%), transition regions (between 75% and 90% and more developed regions (over 90%). For the period 2014–20, EUR 351 billion will be invested in the EU's regions with most being directed to the less developed regions.


NUTS level 1 (data in 2017)


NUTS level 2


See also

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Economy of the European Union The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power p ...
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List of metropolitan areas in the European Union by GDP A metropolitan area's gross domestic product, or GDP, is one of several measures of the size of its economy. Similar to GDP, GMP is defined as the market value of all final goods and services produced within a metropolitan area in a given perio ...
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List of European regions by GDP This is a list of European Union regions (NUTS2 regions) sorted by their gross domestic product (GDP). Eurostat calculates the GDP based on the information provided by national statistics institutes affiliated to Eurostat. The list presents stat ...


References

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External links


GDP at NUTS level 3: Euro total; Euro per capita; PPS total; PPS per capita; PPS per capita anomaly
{{NUTS
European Union The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been des ...