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Gross Domestic Product. 2019 Benchmark revision. Supply

Gross Domestic Product. 2019 Benchmark revision. Supply. Seasonally adjusted data Catalonia. 1st quarter 2020
Value at current prices (€M) Quarter-over-quarter variation in volume (%) Year-over-year variation in volume (%)
GDP 60,139 -4.9 -4.2
Gross value added 55,038 -4.6 -4.1
Agriculture 534 0.7 -2.2
Industry 10,836 -1.8 -2.4
Construction 2,815 -6.4 -7.7
Services 40,853 -5.2 -4.3
Trade, transport and accomodation 13,048 -9.5 -9.6
Real state, professional and other activities 18,466 -4.6 -3.3
Public administration, education, health and social services 9,339 0.1 1.8
Net taxes on products 5,100 -8.6 -5.0
Source: Idescat. Quarterly Accounts.
Gross Domestic Product. 2019 Benchmark revision. Supply. Seasonally adjusted data Spain. 1st quarter 2020
Value at current prices (€M) Quarter-over-quarter variation in volume (%) Year-over-year variation in volume (%)
GDP 299,661 -5.2 -4.1
Gross value added (1) 271,336 -4.9 -3.7
Agriculture 8,509 1.6 0.3
Industry 41,146 -6.5 -6.0
Construction 16,849 -6.8 -7.3
Services 204,832 -4.7 -3.1
Trade, transport and accomodation 60,052 -11.1 -9.9
Real state, professional and other activities (1) 92,633 -2.8 -0.8
Public administration, education, health and social services 52,147 0.4 1.6
Net taxes on products 28,325 -8.1 -7.2
Source: INE. Quarterly Spanish National Accounts.
Note: Data for Spain were updated on 30 June 2020.
(1) Data calculated by Idescat from information published by the INE, to facilitate comparability of the tables.

Last update: June 11, 2020. Revised series on June 30, 2020. Next update: July 31, 2020 Calendari

Statistics PIBT

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 quarterly series should be seen as provisional, both in Catalonia and in Spain, given that the required congruence between annual and quarterly estimates makes it necessary to modify at least the quarterly estimates while the annual estimates are provisional.

The new quarterly GDP series is coherent with the Annual Economic Accounts in Catalonia.

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.