Press Release 30/10/2018


Share facebook Share twitter Share email pdf Product list

The GDP of the Basque Country grew at an annual rate of 2.6% in the third quarter of 2018

Employment continued to perform positively with growth of 2.0%

The Gross Domestic Product (GDP) of the Basque Country posted a year-on-year growth of 2.6% in the third quarter of 2018, once corrected for calendar and seasonal effects, according to the advance data prepared by EUSTAT. This growth is three tenths lower than in the second quarter of 2018.

Compared to the previous quarter, the variation rate was 0.5%. This quarter-on-quarter growth was one tenth below that estimated in the previous quarter.

From the perspective of supply, the year-on-year and quarter-on-quarter growth of the third quarter of 2018 is primarily due to the good aggregated performance of the services and construction sectors, which largely compensated for the weakness observed in the primary sector and the deceleration registered in industry.

Employment, measured as full-time equivalent jobs, increased by 2.0% compared to the same quarter of the previous year, one tenth lower than the growth observed in the previous quarter. Quarter-on-quarter growth was 0.4%, two tenths lower than the growth estimated in the previous quarter.

For further information:

Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: Tel: 945 01 75 62

Product data
Product data

The GDP of the Basque Country grew at an annual rate of 2.6% in the third quarter of 2018

Operation : 
Quarterly accounts
Código operación : 
Frequency : 
Timeframe : 
Last updated : 
Next update : 
Type of operation : 
Available formats : 
Licence : 
Creative Commons
Permalink :
Body responsible : 
Other bodies : 
Departamento de Desarrollo Económico e Infraestructuras

Other statistical products

Your feedback.  Help us to make our web better

How would you rate the information on the site?
Very useful
Barely useful
Not useful at all
Would you like to make a suggestion?
Yes, I would