by Chris Chaplow
ANDALUCIA - GDP
The GDP (PIB Producto Interior Bruto in Spanish) is a measure of the total market value of all the goods and services produced by a country in a given period. GDP is widely used by economists to gauge the health of an economy, as its variations are relatively quickly identified. However, its value as an indicator for the standard of living is considered to be limited. For more explanation of GDP consult Wikipedia.
The current GDP of Andalucia is about 150 thousand million euro which is about 18.000 euro per capita. Compare to EU countries.
Below we reproduce the growth in GDP of Andalucia since its creation as an economic area. In the table below covering 1980-1996 the figures are GVA Gross Value added. (VAB Valol Añadido Bruto in Spanish) It is an older measure and has a the relation GVA + taxes on products - subsidies on products = GDP.
|
GVA '000 euro |
Variation Inter-Annual |
1980 |
11.150.518 |
- |
1981 |
12.457.274 |
11,7 % |
1982 |
14.495.071 |
16,4 % |
1983 |
16.638.571 |
14,8 % |
1984 |
18.742.839 |
12,6 % |
1985 |
21.333.286 |
13,8 % |
1986 |
24.187.762 |
13,4 % |
1987 |
27.073.476 |
11,9 % |
1988 |
29.869.815 |
10,3 % |
1989 |
33.098.238 |
10,8 % |
1990 |
38.344.677 |
15,9 % |
1991 |
42.210.321 |
10,1 % |
1992 |
44.546.399 |
5,5 % |
1993 |
46.068.917 |
3,4 % |
1994 |
48.876.458 |
6,1 % |
1995 |
51.962.411 |
6,3 % |
1996 |
54.785.351 |
5,4 % |
Source: Contabilidad Regional de Andalucía Instituto de Estadistica y Cartografia de Andalucia.
From 1996 onwards we present the actual GDP and its inter annual variation.
|
GDP '000 euro |
Variation Inter-Annual |
1995 |
59.051.045 |
- |
1996 |
62.853.140 |
6,6 % |
1997 |
67.267.844 |
7,0 % |
1998 |
72.440.475 |
7,7 % |
1999 |
78.750.075 |
8,7 % |
2000 |
86.215.965 |
9,5 % |
2001 |
93.066.604 |
7.9 % |
2002 |
100.155.249 |
7.6 % |
2003 |
108.728.806 |
8,6 % |
2004 |
117.443.935 |
8,0 % |
2005 |
127.097.905 |
8,2 % |
2006 |
137.942.742 |
8,5 % |
2007 |
147.616.662 |
3,6 % |
2008 |
151.844.357 |
0,6 % |
2009 |
146.622.148 |
- 3,6 % |
2010 |
|
- 0,7 % |
2011 |
149,163,807 |
0,2 % |
2012 |
estimate |
- 2,5 % |
Quarterly variation of GDP of Andalucia since 2007 is below
|
GDP Quarterly Variation |
Variation Inter-Annual |
2007 Q1 |
0,8 % |
3,9 % |
2007 Q2 |
0,6 % |
3,5 % |
2007 Q3 |
0,9 % |
3,5 % |
2007 Q4 |
0,7 % |
3,1 % |
2008 Q1 |
0,3 % |
2,6 % |
2008 Q2 |
-0,3 % |
1,7 % |
2008 Q3 |
-0,8 % |
-0,1 % |
2008 Q4 |
-1,2 % |
-1,2 % |
2009 Q1 |
-1,4 % |
-3,6 % |
2009 Q2 |
-0,8 % |
-4,1 % |
2009 Q3 |
-0,5 % |
-3,8 % |
2009 Q4 |
-0,4 % |
-3.1 % |
2010 Q1 |
0,0 % |
-1,7 % |
2010 Q2 |
0,1 % |
-0,8 % |
2010 Q3 |
-0,2 % |
-0,5 % |
2010 Q4 |
0,1 % |
0,1 % |
2011 Q1 |
0,2 % |
0,2 % |
2011 Q2 |
0,0 % |
0,1 % |
2011 Q3 |
0,0 % |
0,3 % |
2011 Q4 |
-0,1 % |
0,2 % |
2012 Q1 |
|
|
2012 Q2 |
|
|
Source: Contabilidad Regional de Andalucía Instituto de Estadistica y Cartografia de Andalucia and * "Previsiones Económicas de Andalucía nº 68 Spring 2012" UNICAJA Analysis Economica de Andalucia.
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