|Source Catalonia: Idescat. Source Spain, eurozone and European Union: Eurostat.|
Date published: July 10, 2019.
GDP at market prices is the final result of the production activity of resident producer units.
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 GDP per inhabitant in Purchasing Power Standards (PPS) is expressed in relation to the European Union (EU-28) average set to equal 100.
Total population: On a given date, the total population of a country consists of all persons, national or foreign, who are permanently settled in the economic territory of the country, even if they are temporarily absent from it. This means that total population is defined using the concept of residence rather than nationality. Population figures from National Accounts may vary from those of population statistics.
The basic figures are expressed in PPS, i.e., a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Please note that the index, calculated from PPS figures and expressed with respect to EU-28 = 100, is intended for cross-country comparisons rather than for temporal comparisons.
The Purchasing Power Standards used in this statistic comes from Eurostat estimates. Eurostat's methodological criterion of using the same purchasing parity for all the regions in one state has been respected.
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.
Data for Catalonia are calculated from GDP per inhabitant obtained from Idescat's estimates of Gross Domestic Product (base 2010) and population on 1 July. The base for this GDP figure is the 2011 Input-Output Framework for Catalonia (MIOC) drawn up by Idescat.
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