idescat

Economy grew 1.1% during first quarter in Catalonia and 0.9% in Spain as a whole

June 19, 2015 09:39 PM | ACN

Catalonia's GDP has increased by 1.1% during the first quarter of the year compared to the last quarter of 2014, while the Spanish economy grew by 0.9% and that of the European Union by 0.5%, according to definitive figures released by the Catalan Statistics Instituted (Idescat) on Friday. In annual terms, Catalonia's economy increased by 2.6% from March 2014 to March 2015, mostly due to the positive evolution of domestic demand and the strength of the export sector. The figures released this Friday improve upon the provisional data that had been announced in May for the first term of 2015, when it was stated that Catalonia’s economy had grown by 0.9% from January to March. With the 1.1% growth finally registered, Catalonia now accumulates 8 consecutive terms of quarterly growth.

Catalan economy grew by 1.5% in 2014, the best year since 2007

March 27, 2015 05:53 PM | ACN

The GDP of Catalonia increased by 1.5% during 2014, according to the definitive figures released by the Catalan Statistics Institute (Idescat) on Friday. However, on the same day, the Spanish Statistics Institute (INE) published its economic growth figures for 2014 and announced that the Catalan economy had grown by 1.4% last year, the same rate as Spain. In any case, both figures are quite positive after many years of economic crisis and slowdown. In fact, 2014 has been the best year since 2007, when the Catalan economy grew by 3.2% according to the Idescat. The final figure for 2014 is higher than the provisional 1.2% growth rate previously announced. Following European Union instructions, the calculations for last year include R&D activities, as well as prostitution and trafficking of drugs and tobacco.

Catalan economy grows by an annual rate of 1.4% in the second quarter of 2014

September 26, 2014 10:09 PM | ACN

Catalonia’s GDP recorded an annual increase of 1.4% in the second quarter of 2014, the best result since September 2008, according to official figures published on Friday by the Catalan Institute of Statistics (IDESCAT). The 1.8% increase in domestic demand means that the annual rate of Catalonia’s GDP is higher than Spain's average, and more than that of the European Union (EU28), both located at 1.2%. Not only is Government spending showing a favourable trend, but there has also been growth in the services sector, and those of industry and agriculture. From September 2014, the EU has set mandatory implementation of the new European System of Accounts (ESA 2010), which IDESCAT plans to have in place to coincide with the results of the GDP in the fourth quarter of 2014.

50.7% of Catalans usually converse in Spanish and 36.3% in Catalan

June 20, 2014 07:54 PM | ACN

Just 36.3% of Catalans have Catalan as their main language, according to a survey presented on Friday by the Catalan Ministry of Culture and the Catalan Institute of Statistics (Idescat). The survey examining language use in the population of 2013 found that 31% of the Catalan population had Catalan as their mother tongue and a slightly higher percentage usually converse in Catalan as their main language: 36.3%. Nonetheless, 55.1% of those surveyed reported having Spanish as their mother tongue, with 50.7% using Spanish as their main language. In 2003, 46% reported having Catalan as their main language, but this fell to 35.6% by 2008. Additionally, the report found that 94.3% of Catalans surveyed in 2013 could understand Catalan.

Catalonia’s GDP grows 0.4% between January and March, accumulating 4 positive quarters

May 12, 2014 09:55 PM | ACN

The Catalan economy grew by 0.4% in the first quarter of 2014, which means that GDP has been increasing for the last 4 consecutive quarters, leaving recession far behind, according to an early estimate published on Monday by Catalonia’s Statistics Institute (Idescat) and the Catalan Ministry of the Economy and Knowledge. Furthermore, between March 2013 and March 2014, Catalonia’s economy grew by 0.8%. In the second quarter of 2013 it registered a quarterly growth of 0.1%; in the third it also posted a 0.1% quarterly growth; between October and December, it increased by 0,2%; and now, between January and March, it grew by 0.4%. The services sector has been the main engine behind this positive trend; in the last 12 months it grew by 1.4%.

Catalan economy speeds up its recovery with a 0.4% growth in the fourth quarter of 2013

February 7, 2014 04:23 PM | ACN

The Catalan economy has continued on a positive trend during the fourth quarter of 2013, also speeding up the recovery process. According to data released on Friday by the Catalan Ministry of Economy and Knowledge alongside the Catalan Institute of Statistics (Idescat), Catalonia’s GDP grew by 0.4% in the fourth quarter of 2013, while the Spanish average stood at 0.3%. In the whole year, the Catalan GDP has decreased by 0.6 %, while in 2012 it dropped by 1.3%. The continued good results in exports due to the increasing external demand and the improvement of the domestic demand have driven the economy forward.