|Units: Millions of euros.|
|Source Catalonia: Idescat. Source Spain, eurozone and European Union: Eurostat.|
|(p) Provisional value.|
Date published: March 20, 2019. Revised series on September 20, 2019.
Gross domestic product (GDP) is a measure for the results of the economic activity. It is defined as the value of all goods and services produced minus the value of any goods or services used in their creation.
The calculation of the annual growth rate of the volume of the GDP allows comparisons of economic development to be made, both over time and between economies of different sizes, irrespective of changes in prices. Growth of GDP volume is calculated using data at previous year's prices.
From September 2014 onwards, the European Union is enforcing a new European system of accounts (ESA 2010), which details the methodology to be used in compiling estimates of the national accounts of all European Union member states.
The series on Spain that are published correspond to the 2019 Benchmark revision implemented by the INE in its magnitudes of the Annual Spanish National Accounts. These new series have been drawn up upon the basis of the updates of the statistical sources and estimation methods, within a harmonized review project with Eurostat and the European Central Bank.
The series on the Annual Economic Accounts for Catalonia will be reviewed in accordance with the current calendar (March 2020).
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