Gross Domestic Product. Demand
| Value at current prices (M€) | Variation in volume (%) | |
|---|---|---|
| GDP | 292,474 | 2.6 |
| Domestic demand | 247,945 | 1.4 |
| Household consumer expenditure | 143,054 | 1.9 |
| Final consumption expenditure by government (1) | 50,725 | 2.3 |
| Gross capital formation (2) | 54,166 | -0.7 |
| (GFCF) (Capital goods and others) | 27,510 | -3.3 |
| (GFCF) (Construction) | 25,548 | 2.2 |
| External balance (3) (4) | 44,529 | 1.4 |
| Foreign balance (4) | 30,541 | 2.0 |
| Total exports | 128,829 | 7.1 |
| Exports of goods and services | 111,883 | 5.1 |
| Foreign consumption in the territory | 16,946 | 22.6 |
| Total imports | 98,288 | 2.9 |
| Imports of goods and services | 93,288 | 2.7 |
| National residents consumption abroad | 5,000 | 8.7 |
| Source: Idescat. Annual Economic Accounts for Catalonia. 2019 Benchmark Revision. | ||
| (1) Includes the expenditure consumption by non-profit making institutions at the service of households. | ||
| (2) Includes the gross fixed capital formation (GFCF) and the stock variation. | ||
| (3) Includes the foreign trade balance and the trade balance with the rest of Spain. | ||
| (4) The annual variation in the volume of the balances is expressed as a contribution to the growth of the GDP. | ||
| (p) Provisional data. | ||
| Value at current prices (M€) | Variation in volume (%) | |
|---|---|---|
| GDP | 1,498,324 | 2.7 |
| Domestic demand (5) | 1,439,488 | 1.7 |
| Household consumer expenditure | 814,116 | 1.7 |
| Final consumption expenditure by government (1) (5) | 310,655 | 5.2 |
| Gross capital formation (2) | 314,717 | -1.6 |
| (GFCF) (Capital goods and others) (5) | 138,411 | 1.2 |
| (GFCF) (Construction) | 156,907 | 3.0 |
| External balance (4) (5) | 58,836 | 1.0 |
| Total exports | 570,251 | 2.8 |
| Exports of goods and services (5) | 498,061 | 0.7 |
| Foreign consumption in the territory | 72,190 | 20.1 |
| Total imports | 511,415 | 0.3 |
| Imports of goods and services (5) | 491,123 | -0.2 |
| National residents consumption abroad | 20,292 | 15.4 |
| Source: INE. Annual Spanish National Accounts. 2024 Benchmark Revision. | ||
| Note: Data for Spain were updated on 30 September 2024. | ||
| (1) Includes the expenditure consumption by non-profit making institutions at the service of households. | ||
| (2) Includes the gross fixed capital formation (GFCF) and the stock variation. | ||
| (3) Includes the foreign trade balance and the trade balance with the rest of Spain. | ||
| (4) The annual variation in the volume of the balances is expressed as a contribution to the growth of the GDP. | ||
| (5) Data calculated by Idescat from information published by the INE, to facilitate comparability of the tables. | ||
| (p) Provisional data. | ||
Last update: March 20, 2024. Revised series on March 27, 2024.
Methodological note
Gross Domestic Product (GDP) measures the final result of the production activity of the production units in a territory. There are three vantage points for analysing GDP: supply, demand and income.
- From the standpoint of supply, GDP makes it possible to evaluate the contributions made by the different productive branches to the economy as a whole (gross value added of agriculture, industry, construction and services).
- In order to conduct the analysis from the standpoint of the end-use of the goods and services produced (consumption, investment, external sector), GDP calculated from the demand side is used.
- Finally, from the income standpoint, GDP makes it possible to give a breakdown of the contribution made by the productive factors to production: compensation of wage-earners (labour), gross operating surplus (capital) and mixed income.
The annual estimates correspond to the 2019 GDP Benchmark Revision and its supply, demand and income components. Moreover, the estimates for the last three years (t–1, t–2 and t–3) are provisional; in addition, those for the last two years (t–1 and t–2) are an advance of results basically produced with short-term information, whereas those for year t–3 are produced with structural information.
Eurostat requires statistics offices to update regularly (at least every five years) the sources and estimation methods used to compile the economic accounts. All the results of the statistics making up the economic accounts of Catalonia will include this revision when each set of statistics is updated from March 2025 onwards, coinciding with the release of the Annual Economic Accounts for Catalonia 2024 and the accounts for the 4th quarter of 2024. The Benchmark Revision 2024 will be applied to the entire accounting series 2000-2024. In the case of the Spanish economic accounts, the results of the annual and quarterly accounts were published in September 2024 in accordance with the Benchmark Revision 2024.
You can get more information about these statistics in the methodology.