Mnemonic | G$.IESP | |
---|---|---|
Unit | Ch. Vol. Index 2015=100, CDASA | |
Adjustments | Calendar Adjusted and Seasonally Adjusted | |
Quarterly | 0.98 % | |
Data | 2023 Q4 | 120.07 |
2023 Q3 | 118.9 |
Source | National Institute of Statistics (INE) |
Release | Quarterly Spanish National Accounts |
Frequency | Quarterly |
Start Date | 3/31/1995 |
End Date | 12/31/2023 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Government Consumption | 2023 Q4 | 74,584 | 73,751 | Mil. EUR, CDASA | Quarterly |
Investment | 2023 Q4 | 79,241 | 74,258 | Mil. EUR, CDASA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 73,231 | 71,248 | Mil. EUR, CDASA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 374,877 | 364,906 | Mil. EUR, CDASA | Quarterly |
Private Consumption | 2023 Q4 | 204,059 | 201,443 | Mil. EUR, CDASA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 115.8 | 117.74 | Ch. Vol. Index 2015=100, CDASA | Quarterly |
Real Government Consumption | 2023 Q4 | 120.07 | 118.9 | Ch. Vol. Index 2015=100, CDASA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 114.29 | 113.63 | Ch. Vol. Index 2015=100, CDASA | Quarterly |
Real Investment | 2023 Q4 | 115.8 | 115.16 | Ch. Vol. Index 2015=100, CDASA | Quarterly |
Real Private Consumption | 2019 Q2 | 104.04 | 103.77 | Ch. Vol. Index 2010=100, CDASA | Quarterly |
The Quarterly Spanish National Accounts (QSNA) provides a coherent qualitative description of Spanish economic activity as a whole in the immediate past via a quarterly macro-economic framework, elaborated from the point of view of supply, demand and income. Similarly, it includes estimates of the level of employment in terms of national accounting with the following concepts: persons, jobs, full time jobs. The QSNA estimates are offered in two versions: gross or non-adjusted data, corrected for seasonal and calendar effects data. The QSNA system includes the quarterly accounts from the rest of the world that quantifies among other things, the capacity or need to finance the economy as a whole.
Active:
Predecessors:
The methodology employed by the QSNA is based on estimates by means of econometric techniques from models that relate the development of each SNA with a group of quarterly indicators that allow both quarterly breakdowns and extrapolation. Technically it can be said therefore, that the QSNA is a compromise between the rigor and amplitude of the SNA and the rapidity and opportunity of short term indicators.
The QSNA estimates are offered in current and volume terms. The first are valued at the same period's prices and the second are presented by means of indices linked to the specified reference year. These indices arise from linking the valuations carried out with the previous year's prices.
The QSNA estimates are offered in two versions: gross or non-adjusted data, corrected for seasonal and calendar effects data. The QSNA system includes the quarterly accounts from the rest of the world that quantifies among other things, the capacity or need to finance the economy as a whole.
All QSNA estimates are adjusted to the same principles of accounting coherence and balance as the annual National Accounting of Spain (NAS). Both statistics are in harmony with the European System of National and Regional Accounts (ESA).
For GDP(E) and GDP(O), we compute chained-price levels from the current-price levels and chained volume indexes.
The advance of QSNA results for quarter t is published around t + 30 days.Likewise, the seasonally and calendar adjusted data (SAC) of the Advance results of the Quarterly National Accounts (QNA) incorporates the revision of the SAC results of previous quarters, in the case of quarters not previously estimated by the Annual Accounts.
These results are updated around t + 90 days. At the same time, updated results are disseminated from the previous quarters of the current year. In addition, in the case of the second quarter of each year, revised results are disseminated from the first quarter of year T-3, consistent with the policy of review of results of the Annual National Accounts of Spain.