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Gross Domestic Product. Demand

Gross Domestic Product. Demand Catalonia. 2017
Value at current prices (M€) Variation in volume (%)
GDP 232,187 3.3
Domestic demand 200,509 3.0
Household consumer expenditure 121,847 2.4
Final consumption expenditure by government (1) 37,367 1.1
Gross capital formation (2) 41,294 6.4
(GFCF) (Capital goods and others) 24,005 7.4
(GFCF) (Construction) 16,882 8.1
External balance (3) (4) 31,678 0.8
Foreign balance (4) 18,748 -0.2
Total exports 90,756 5.2
Exports of goods and services 76,355 4.9
Foreign consumption in the territory 14,400 6.8
Total imports 72,007 7.4
Imports of goods and services 68,566 6.8
National residents consumption abroad 3,441 21.7
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.
Gross Domestic Product. Demand Spain. 2017
Value at current prices (M€) Variation in volume (%)
GDP 1,162,492 3.0
Domestic demand (5) 1,120,595 3.3
Household consumer expenditure 666,148 3.0
Final consumption expenditure by government (1) (5) 228,915 1.1
Gross capital formation (2) 225,532 6.3
(GFCF) (Capital goods and others) (5) 112,465 6.9
(GFCF) (Construction) 104,467 6.7
External balance (4) (5) 41,897 -0.2
Total exports 408,390 5.5
Exports of goods and services (5) 353,934 4.8
Foreign consumption in the territory 54,456 10.0
Total imports 366,493 6.8
Imports of goods and services (5) 351,435 6.5
National residents consumption abroad 15,058 13.7
Source: INE. Annual Spanish National 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 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.

Last update: March 15, 2018. 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.

  1. 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).
  2. 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.
  3. 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.

Aquestes estimacions 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.