Press Release 26/04/2017

QUARTERLY ACCOUNTS. ADVANCE. I /2017

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The GDP of the Basque Country registered 2.8% year-on-year growth in the first quarter of 2017

GDP grew 0.7% compared to the fourth quarter of 2016

The Gross Domestic Product (GDP) of the Basque Country posted a year-on-year growth of 2.8% in the first quarter of 2017, once corrected for calendar and seasonal effects, according to the advance data prepared by EUSTAT.

Compared to the previous quarter, the month-on-month variation rate was 0.7%.

From the perspective of supply, year-on-year growth in the first quarter of 2017 was underpinned, above all, by an upward trend in the services sector, with a steady rate of positive industrial growth and a construction sector that has maintained upward growth rate that started in 2016.

Employment, measured as full-time equivalent jobs, has increased by 2.0% compared to the same quarter of the previous year. Quarter-on-quarter growth was 0.4%.

For further information:

Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.es Tlf: 945 01 75 62 Further press releases on the quarterly accounts of the Basque Country. Advance Quarterly accounts of the Basque Country. Advance. Databank

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The GDP of the Basque Country registered 2.8% year-on-year growth in the first quarter of 2017

Operation : 
Quarterly accounts
Código operación : 
170115
Frequency : 
Trimestral
Timeframe : 
2017/I
Last updated : 
04/26/2017
Next update : 
12/02/2019
Type of operation : 
Síntesis
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0014171_i.html
Body responsible : 
Other bodies : 
Departamento de Desarrollo Económico e Infraestructuras

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