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Gross Domestic Product (Base 2010). Supply

Gross Domestic Product (Base 2010). Supply Catalonia. 2018
Value at current prices (M€) Variation in volume (%)
GDP 242,313 2.6
Gross value added 221,702 2.6
Agriculture 2,196 -0.4
Industry 45,889 1.1
Manufacturing industry 39,150 1.7
Construction 11,863 4.7
Services 161,755 2.9
Trade, transport and accomodation 56,983 2.1
Real state, professional and other activities 73,242 3.8
Public administration, education, health and social services 31,530 2.5
Net taxes on products 20,611 2.5
Source: Idescat. Annual Economic Accounts for Catalonia.
Gross Domestic Product (Base 2010). Supply Spain. 2018
Value at current prices (M€) Variation in volume (%)
GDP 1,208,248 2.6
Gross value added 1,093,017 2.7
Agriculture 31,625 2.6
Industry 193,691 1.1
Manufacturing industry 152,718 1.4
Construction 71,083 7.6
Services 796,618 2.7
Trade, transport and accomodation 260,940 3.0
Real state, professional and other activities (1) 338,762 2.7
Public administration, education, health and social services 196,916 2.2
Net taxes on products 115,231 1.4
Source: INE. Annual Spanish National Accounts.
Note: Data for Spain were revised on 28 June 2018.
(1) Data calculated by Idescat from information published by the INE, to facilitate comparability of the tables.

Date published: March 20, 2019. Revised series on March 29, 2019.

Statistics PIBA

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 variables that are included in the GDP in terms of supply are the following:

  • Agriculture (which includes agriculture, animal, forestry and fishing).
  • Industry and manufacturing industry.
  • Construction.
  • Services (detailed in three groups of branch sections: branches G, H and I of NACE 2009 revisión 2, related to Trade, transport and hostelry; sections J to M and R to U, Real estate and professionals activities and other; and sections O, P and Q Public administration, education, health and social services).
  • Gross value added
  • Net taxes on products.

The detailed results for forty-four sectors of activity are presented in the section of monographic information Economic annual Accounts of Catalonia.

The method for calculating growth in volume terms is based on a system where a year growth is linked to the structure, at current prices, from the previous year. This methodology option makes it possible to improve the calculation of variations in GDP volume, inasmuch as it avoids the problems related to the obsolescence of productive structures in a base year as it gets further away from the reference year.

Given the different calendar of availability of the magnitudes estimated by the INE and Idescat and in order to preserve a congruent time frame for the economic series, the Spanish data are updated at the same time as the Catalan data.

The annual estimates based on 2010 GDP and its supply, demand and income components are final for the 2000–2011 period and the estimates of later years are provisional, therefore they are susceptible to be revised. The estimates of 2014 and 2015 are advances taken from short-term indicators.