Gross Domestic Product. Demand
| Value at current prices (€M) | Quarter-over-quarter variation in volume (%) | Year-over-year variation in volume (%) | |
|---|---|---|---|
| GDP | 52,638 | -2.1 | 1.7 |
| Domestic demand | 51,496 | 0.8 | 4.5 |
| Household consumer expenditure | 28,757 | 0.8 | 3.8 |
| Final consumption expenditure by government (1) | 7,660 | 2.0 | 8.3 |
| Gross capital formation (2) | 15,079 | 0.2 | 3.8 |
| (GFCF) (Capital goods and others) | 6,021 | 2.6 | 9.4 |
| (GFCF) (Construction) | 8,767 | -1.1 | 1.2 |
| External balance (3) (4) | 1,142 | .. Confidential data, low reliability or not available | -2.5 |
| Foreign balance (4) | -2,471 | .. Confidential data, low reliability or not available | -0.6 |
| Total exports | 16,297 | 1.2 | 5.3 |
| Exports of goods and services | 14,001 | 1.2 | 6.0 |
| Foreign consumption in the territory | 2,296 | 1.3 | 1.2 |
| Total imports | 18,768 | 0.9 | 6.4 |
| Imports of goods and services | 18,180 | 0.8 | 6.9 |
| National residents consumption abroad | 588 | 6.7 | -7.5 |
| Source: Idescat. Quarterly Accounts. 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 year-over-year 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. | |||
| (..) Confidential data, low reliability or not available. | |||
| Value at current prices (€M) | Quarter-over-quarter variation in volume (%) | Year-over-year variation in volume (%) | |
|---|---|---|---|
| GDP | 269,879 | 0.7 | 3.5 |
| Domestic demand (5) | 285,900 | 0.7 | 3.8 |
| Household consumer expenditure | 153,524 | 0.7 | 3.2 |
| Final consumption expenditure by government (1) (5) | 50,630 | 1.7 | 5.9 |
| Gross capital formation (2) | 81,746 | 0.1 | 3.6 |
| (GFCF) (Capital goods and others) (5) | 26,106 | 1.3 | 9.3 |
| (GFCF) (Construction) | 53,993 | -0.8 | 0.7 |
| External balance (4) (5) | -16,021 | .. Confidential data, low reliability or not available | -0.5 |
| Total exports | 70,651 | 1.7 | 9.6 |
| Exports of goods and services (5) | 61,281 | 1.9 | 11.3 |
| Foreign consumption in the territory | 9,370 | 0.6 | -0.2 |
| Total imports | 86,672 | 1.3 | 9.4 |
| Imports of goods and services (5) | 83,775 | 1.2 | 9.5 |
| National residents consumption abroad | 2,897 | 1.3 | 5.2 |
| Source: INE. Quarterly Spanish National Accounts. 2024 Benchmark revision. | |||
| Note: Data for Spain were updated on 27 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 year-over-year 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. | |||
| (..) Confidential data, low reliability or not available. | |||
Last update: March 20, 2024. Revised series on September 13, 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.
Idescat draws up the statistical actions Quarterly GDP Advance and Quarterly Accounts of Catalonia and presents them integrated in the same series of quarterly accounts, while respecting the specific calendar of availability of results of each of them.
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. .
The new quarterly GDP series is coherent with the Annual Economic Accounts in Catalonia, 2019 Benchmark revision.
Les sèries trimestrals de la Revisió estadística 2019, que substitueixen les de la Base 2010, s'han elaborat a partir de l'actualització de les fonts estadístiques i dels mètodes d'estimació, dins d'un projecte de revisió impulsada per Eurostat i el Banc Central Europeu.
You can get more information about these statistics in the methodology.