Portugal - Real Government Consumption





Portugal: Real Government Consumption

Mnemonic G$.IPRT
Unit Mil Ch. 2016 EUR, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Quarterly 6.53 %
Data 2020 Q3 8,475
2020 Q2 7,956

Series Information

Source Instituto Nacional de Estatística - Portugal (Statistics Portugal)
Release Gross Domestic Product
Frequency Quarterly
Start Date 3/31/1995
End Date 9/30/2020

Portugal: GDP

Reference Last Previous Units Frequency
Government Consumption 2020 Q3 9,630 9,469 Mil. EUR, CDASA Quarterly
Investment 2020 Q3 9,512 9,043 Mil. EUR, CDASA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2020 Q3 9,833 9,006 Mil. EUR, CDASA Quarterly
Nominal Gross Domestic Product 2020 Q3 51,652 46,206 Mil. EUR, CDASA Quarterly
Private Consumption 2020 Q3 31,989 28,250 Mil. EUR, CDASA Quarterly
Real Fixed Investment (gross fixed capital formation) 2020 Q3 9,000 8,211 Mil Ch. 2016 EUR, CDASA Quarterly
Real Government Consumption 2020 Q3 8,475 7,956 Mil Ch. 2016 EUR, CDASA Quarterly
Real Gross Domestic Product 2020 Q3 47,949 42,311 Mil Ch. 2016 EUR, CDASA Quarterly
Real Investment 2020 Q3 8,827 8,389 Mil Ch. 2016 EUR, CDASA Quarterly
Real Private Consumption 2020 Q3 30,521 26,947 Mil Ch. 2016 EUR, CDASA Quarterly

Release Information

Gross domestic product is an important measurement of economic activity for a country. It represents the dollar amount of goods and services produced over a given time frame. 

Active:

  • National accounts framework: ESA 2010
  • Activity classification: NACE Rev. 2
  • Measurements:
    • Millions of euros at current prices (Mil. EUR)
    • At chained year-2016 prices (Mil. Ch. 2016 EUR)
  • Adjustment:
    • Calendar day adjusted and seasonally adjusted (CDASA)
  • Native frequency: Quarterly

Predecessors:

  • ESA 2010, ref 2011
  • ESA 95, ref 2006
  • ESA 95, ref 2000

GDP at market prices - the final result of the production activity of resident producer units. Defined three diferent ways as the sum of gross value added of various institutional sectors/industries,  the sum of final uses of goods and services by resident institutional units plus exports minus imports of goods and services and the sum of uses in the total economy generation of income account. 

Gross value added - (GVA) the balancing item of the production account. Uses output as a resource and intermediate consumption as a use. Valued at basic prices as it does not include taxes less subsides on production. 

Gross fixed capital formation - resident producer's acquisitions, less disposals, or fixed assets during a given period plus certain additions to the value of non-produced assets relized by the productive activity of producer or institutional units. 

The source uses a volume chain linked procedure for its quarterly national accounts data. This makes data comparable accross multiple years.