Gross Domestic Product. Demand
| Value at current prices (M€) | Variation in volume (%) | |
|---|---|---|
| GDP | 316,728 | 3.6 |
| Domestic demand | 268,778 | 3.8 |
| Household consumer expenditure | 155,971 | 3.5 |
| Final consumption expenditure by government (1) | 56,190 | 5.3 |
| Gross capital formation (2) | 56,618 | 3.2 |
| (GFCF) (Capital goods and others) | 29,512 | 4.8 |
| (GFCF) (Construction) | 26,123 | 2.5 |
| External balance (3) (4) | 47,950 | 0.4 |
| Foreign balance (4) | 27,016 | -0.1 |
| Total exports | 130,137 | 1.8 |
| Exports of goods and services | 111,013 | 0.4 |
| Foreign consumption in the territory | 19,124 | 11.0 |
| Total imports | 103,122 | 2.7 |
| Imports of goods and services | 97,544 | 2.2 |
| National residents consumption abroad | 5,578 | 11.8 |
| Source: Idescat. Annual Economic Accounts for Catalonia. 2024 Benchmark Revision. | ||
| (1) Includes the expenditure consumption by non-profit making institutions at the service of households. | ||
| (2) Includes the gross fixed capital formation (GFCF) and the stock variation. | ||
| (3) Includes the foreign trade balance and the trade balance with the rest of Spain. | ||
| (4) The annual variation in the volume of the balances is expressed as a contribution to the growth of the GDP. | ||
| (p) Provisional data. | ||
| Value at current prices (M€) | Variation in volume (%) | |
|---|---|---|
| GDP | 1,591,627 | 3.2 |
| Domestic demand (5) | 1,523,497 | 2.9 |
| Household consumer expenditure | 871,791 | 2.8 |
| Final consumption expenditure by government (1) (5) | 325,825 | 4.2 |
| Gross capital formation (2) | 325,881 | 1.9 |
| (GFCF) (Capital goods and others) (5) | 145,798 | 2.4 |
| (GFCF) (Construction) | 165,117 | 3.5 |
| External balance (4) (5) | 68,130 | 0.3 |
| Total exports | 593,562 | 3.1 |
| Exports of goods and services (5) | 510,340 | 1.8 |
| Foreign consumption in the territory | 83,222 | 11.8 |
| Total imports | 525,432 | 2.4 |
| Imports of goods and services (5) | 501,856 | 2.0 |
| National residents consumption abroad | 23,576 | 13.2 |
| Source: INE. Annual Spanish National Accounts. 2024 Benchmark Revision. | ||
| Note: Data for Spain were updated on 26 March 2025. | ||
| (1) Includes the expenditure consumption by non-profit making institutions at the service of households. | ||
| (2) Includes the gross fixed capital formation (GFCF) and the stock variation. | ||
| (3) Includes the foreign trade balance and the trade balance with the rest of Spain. | ||
| (4) The annual variation in the volume of the balances is expressed as a contribution to the growth of the GDP. | ||
| (5) Data calculated by Idescat from information published by the INE, to facilitate comparability of the tables. | ||
| (p) Provisional data. | ||
Last update: March 20, 2025.
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.
- 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).
- 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.
- 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 annual estimates correspond to the 2024 GDP Benchmark Revision and its supply, demand and income components. Moreover, the estimates for the last three years (t–1, t–2 and t–3) are provisional; in addition, those for the last two years (t–1 and t–2) are an advance of results basically produced with short-term information, whereas those for year t–3 are produced with structural information.
The annual series of the quarterly GDP 2024 Benchmark Revision, which replace those of the 2019 Benchmark Revision, have been compiled from the updating of statistical sources and estimation methods, within a methodologic framework promoted by Eurostat.
For further information about these statistics, you may check the Methodology.