PIBAVN Advance of the Quarterly GDP

The 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).

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.

• The Quarterly Advance of GDP is an estimate calculated with short-term and provisional incomplete information of the reference period, published approximately 35 days after the end of the quarter. It provides the seasonally adjusted growth rate in volume of the Catalan economy, from the perspective of supply by the main branches of activity (agriculture, industry, construction and services).
• The Quarterly Accounts for Catalonia is an estimate calculated with complete information of the reference period, published approximately 75 days after the end of the quarter. It offers information on GDP from the point of view of supply and demand and presents the results at current prices, in indexes by volume, and the corresponding quarterly and yearly variations. Furthermore, it presents the data in gross terms and in seasonally adjusted terms.