21 March 2013 Spanish Regional Accounts. Base 2008 Gross Domestic Product by Region. Year 2012 Main results - In 2012, Illes Balears was the Autonomous Community with the lowest GDP decrease in terms of the volume (-0.3%). Followed by Galicia (-0.9%), Cataluña and Canarias (-1.0% in both cases) - In addition to the Autonomous Communities mentioned above, the autonomous city of Ceuta, Comunidad de Madrid and Cantabria grew over the national average that stood at –1.4% - Castilla-La Mancha (-3.0%), Principado de Asturias (-2.5%), Extremadura (2.2%%) and La Rioja (-2.1%) were the regions that registered the lowest growth. - In terms of GDP per inhabitant, the Autonomous Community that registered the highest value (30,829 euros) was País Vasco, a 35.4% higher than the national average (22,772). Extremadura was the Autonomous Community with the lowest GDP per capita (15,394), 32.4% lower than the national average. 1 Gross Domestic Product. Year 2012 Last 28th of February, the Quarterly National Accounting of Spain estimated the real growth of the Spanish economy for 2012 at –1.4%. The regional distribution of this data, carried out by the National Accounting of Spain, base 2008, showed a lowest GDP decrease in volume terms 1 in Illes Balears (-0.3%) followed by Galicia (-0.9%), Cataluña and Canarias (-1.0% in both cases). Only the real variation rate of the GDP in Illes Balears was the estimated data for the 27 Member States of the Europe Union (EU-27), that was –0.3%. In addition to this Autonomous Communities, three other regions registered real growth rates in their GDP higher that the national average registered in 2012: the autonomous city of Ceuta (-1.1%), Comunidad de Madrid and Canatabria (both with –1.3%) In turn, the regions that registered a greatest real GDP decrease in volume terms were Castilla-La Mancha (-3.0%), Principado de Asturias (-2.5%), Extremadura (-2.2%) and La Rioja (-2.1%). Annual growth rate of the GDP in 2012 in volume terms ‐0.3 EU‐27 ‐0.3 Balears, Illes Galicia ‐0.9 ‐1.0 Cataluña ‐1.0 Canarias ‐1.1 Ceuta Madrid, Comunidad de ‐1.3 ‐1.3 Cantabria ‐1.4 Spain ‐1.4 País Vasco Comunitat Valenciana ‐1.5 ‐1.5 Melilla ‐1.5 Aragón ‐1,7 Andalucía ‐1,7 ‐1.8 Murcia, Región de Navarra, Comunidad Foral de ‐1.8 Castilla y León ‐2.1 Rioja, La ‐2.2 Extremadura Asturias, Principado de ‐2.5 ‐3.0 ‐3.5 ‐3.0 1 Castilla‐La Mancha ‐2.5 ‐2.0 ‐1.5 ‐1.0 ‐0.5 0.0 Variation rate in percentage terms with one decimal 2 The Autonomous Community of Illes Balears, Galicia and Cataluña registered the lowest decrease in the real rate variation of the GDP, all registered a favourable evolution of the Services sector with reference to the national value. In the Autonomous Community of Canarias, Construction and Agriculture were the branches of activity that registered the greatest relative performance with reference to the national rate. In turn, the GDP real variation in Castilla-La Mana was greatly influenced by the great decrease, in volume terms, of the added value associated to the Public Administrations sector. Regional GDP per inhabitant. Year 2012 Regarding to the nominal Gross Domestic Product per inhabitant of the year 2012, País Vasco stood at the first position of the ranking, with 30,829 euros per inhabitant, followed by Comunidad de Madrid (29,385 euros) and Comunidad Foral de Navarra (29,071 euros per inhabitant). In turn, Extremadura, with 15,394 euros per inhabitant and Andalucía, with 16,960 euros and the autonomous city of Melilla with 16,981 were the last ones on the list. The national average in 2012 stood at 22,722 euros, seven regions stood above the National average register. GDP per capita in euros. Year 2012 30,829 País Vasco Ma dr id, Comunidad de 29,385 Navarra, Comunidad Foral de 29,071 27,248 Cataluña Aragón 25,540 Rioja, La 25,508 24,393 Balears, Illes 22,772 Spain Cantabria 22,341 Castilla y León 22,289 21,035 Asturi as, Principado de 20,723 Galicia 19.964 Comunitat Valenciana Canarias 19.568 Ceuta 19,335 18,520 Murcia, Región de 17,698 Castilla‐La Mancha Melilla 16,981 Andalucía 16,960 15,394 Extremadura 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 3 In relative terms, in 2012 the GDP per capita in País Vasco was 35.4% higher than the national average in 2011, and those of Comunidad de Madrid and Comunidad Foral de Navarra were 29.0% and 27.7% higher, respectively. In turn, GDP per inhabitant in the autonomous city of Melilla stood at 25.4% lower than the national figure, that of Andalucía, 25.5% and that of Extremadura 32.4%. Percentage variation of the regional GDP per capita over the national value. Year 2012 País Vasco Madrid, Comunidad de Navarra, Comunidad Cataluña Aragón Rioja, La Balears, Illes Spain Cantabria Ca stilla y León Asturia s , Principado Galicia Comunitat Valenciana Canarias Ceuta Murci a, Región de Castilla‐La Mancha Melilla Andalucía Ex tremadura ‐40.0 35.4 29.0 27.7 19.7 12.2 12.0 7.1 ‐1.9 ‐2.1 ‐7.6 ‐9.0 ‐12,3 ‐14,1 ‐15.1 ‐18.7 ‐22.3 ‐25.4 ‐25.5 ‐32.4 ‐30.0 ‐20.0 ‐10.0 0.0 10.0 20.0 30.0 40.0 For further information, see the whole publication of the Spanish Regional Accounts, base 2008, 2008-2012 series in the INE website. For further information see INEbase-www.ine.es/en/ All press releases at: www.ine.es/en/prensa/prensa_en.htm Press Office: Telephone numbers: 91 583 93 63 / 94 08 – Fax: 91 583 90 87 - gprensa@ine.es Information Area: Telephone number: 91 583 91 00 – Fax: 91 583 91 58 – www.ine.es/infoine/?L=1 4