Press Release 10/29/2015
The GDP of the Basque Country registered 3.0% year-on-year growth in the third quarter of 2015
Compared to the previous quarter, the variation was 0.8%
The Gross Domestic Product (GDP) of the Basque Country posted a year-on-year growth of 3.0% in the third quarter of 2015, once corrected for calendar and seasonal effects, according to the advance data prepared by EUSTAT. This rate is three tenths of a percentage point higher than that obtained in the previous quarter.
The quarter-on-quarter variation rate was 0.8% compared to the second quarter of 2015, 0.2 percentage points lower than that of the previous quarter.
From the perspective of demand, year-on-year growth in the third quarter of 2015 was underpinned, above all, by the continued momentum of activity in the industrial and services sectors. The construction sector showed a more modest level of dynamism.
Employment, measured as full-time equivalent jobs, has grown by 1.8% in this third quarter of 2015 compared to the same quarter of the previous year. Quarter-on-quarter growth was 0.3%.
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