Gross fixed capital formation by NUTS 2 region for total economy and in Prov. West-Vlaanderen

Prov. West-Vlaanderen: Gross fixed capital formation by NUTS 2 region for total economy and was 16,710 in 2023. ▲ Rising

Latest (2023)
16,710
Change on year
up 9.0%
Rank
124th
of 322 regions
All-time high
16,710
in 2023
All-time low
6,567
in 2003
Years of data
21
2003–2023

Gross fixed capital formation by NUTS 2 region for total economy and in Prov. West-Vlaanderen, 2003–2023

05.0k10.0k15.0k2003201320232003: 6.6k2004: 7.4k2005: 8.1k2006: 8.4k2007: 9.2k2008: 10.0k2009: 8.8k2010: 9.6k2011: 9.8k2012: 10.5k2013: 10.1k2014: 10.0k2015: 10.4k2016: 11.7k2017: 12.3k2018: 13.1k2019: 14.1k2020: 13.3k2021: 13.8k2022: 15.3k2023: 16.7k

Source: Eurostat.

Analysis

Prov. West-Vlaanderen recorded 16,710 for gross fixed capital formation by nuts 2 region for total economy and in 2023. That is the highest value across all 21 years on record.

Compared with earlier readings it is up 9.0% on the previous year and up 65.9% over ten years.

Over the whole period, gross fixed capital formation by nuts 2 region for total economy and in Prov. West-Vlaanderen peaked at 16,710 in 2023 and was at its lowest, 6,567, in 2003.

That places Prov. West-Vlaanderen 124th out of 322 regions with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Gross fixed capital formation by NUTS 2 region for total economy and in Prov. West-Vlaanderen, year by year

Annual values for Gross fixed capital formation by NUTS 2 region for total economy and general government in Prov. West-Vlaanderen, 2003 to 2023.
Year Value Change
2003 6,567
2004 7,396 +12.6%
2005 8,148 +10.2%
2006 8,356 +2.6%
2007 9,189 +10.0%
2008 10,047 +9.3%
2009 8,754 -12.9%
2010 9,567 +9.3%
2011 9,804 +2.5%
2012 10,483 +6.9%
2013 10,072 -3.9%
2014 9,960 -1.1%
2015 10,359 +4.0%
2016 11,749 +13.4%
2017 12,319 +4.8%
2018 13,064 +6.1%
2019 14,064 +7.7%
2020 13,347 -5.1%
2021 13,827 +3.6%
2022 15,325 +10.8%
2023 16,710 +9.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 8,351 6,567 10,047 7
2010s 11,144 9,567 14,064 10
2020s 14,802 13,347 16,710 4

More reference data data for Prov. West-Vlaanderen

All data for Prov. West-Vlaanderen →

Frequently asked questions

What is gross fixed capital formation by nuts 2 region for total economy and in Prov. West-Vlaanderen?
Gross fixed capital formation by nuts 2 region for total economy and in Prov. West-Vlaanderen was 16,710 in 2023, according to Eurostat.
What is the highest gross fixed capital formation by nuts 2 region for total economy and recorded in Prov. West-Vlaanderen?
The highest recorded value was 16,710 in 2023.
What is the lowest gross fixed capital formation by nuts 2 region for total economy and recorded in Prov. West-Vlaanderen?
The lowest recorded value was 6,567 in 2003.
How does Prov. West-Vlaanderen rank for gross fixed capital formation by nuts 2 region for total economy and?
Prov. West-Vlaanderen ranks 124th out of 322 regions with data for 2023.
Is gross fixed capital formation by nuts 2 region for total economy and rising or falling in Prov. West-Vlaanderen?
Over the last ten years it is up 65.9%. The long-run trend across the full record is rising.
Where does this Prov. West-Vlaanderen data come from?
The figures come from Eurostat, published as part of Gross fixed capital formation by NUTS 2 region for total economy and general government. Statizoid updates them automatically from the source API.

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Gross fixed capital formation by NUTS 2 region for total economy and in Prov. West-Vlaanderen. Statizoid, drawing on Eurostat. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/gross-fixed-capital-formation-by-nuts-2-region-for-total-economy-and-general-government/prov-west-vlaanderen/

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About this data

Indicator
Gross fixed capital formation by NUTS 2 region for total economy and general government
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
364 places, 8,640 data points, 2000–2024
Last refreshed