GDP refers to the total market value of all goods and services that are produced within a country per year. Variation in volume indicates decrease and growth, or in this case, recovery of GDP. Spain and Catalonia were below the Eurozone average between 2010 and 2012, but Catalonia's GDP volume growth was similar to that of the Eurozone by 2013 and both Spain and Catalonia surpassed it from 2014 onwards. In 2020, due to the coronavirus pandemic and its impact on the economy, the GDP of both Catalonia and Spain registered a negative variation.
Percentage variation in volume of gross domestic product (GDP) in Catalonia, Spain and the Eurozone between 2007 and 2020
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Institut d'Estadística de Catalunya. (April 2, 2021). Percentage variation in volume of gross domestic product (GDP) in Catalonia, Spain and the Eurozone between 2007 and 2020 [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/327100/change-in-gdp-in-catalonia-spain-and-the-eurozone/
Institut d'Estadística de Catalunya. "Percentage variation in volume of gross domestic product (GDP) in Catalonia, Spain and the Eurozone between 2007 and 2020." Chart. April 2, 2021. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/327100/change-in-gdp-in-catalonia-spain-and-the-eurozone/
Institut d'Estadística de Catalunya. (2021). Percentage variation in volume of gross domestic product (GDP) in Catalonia, Spain and the Eurozone between 2007 and 2020. Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/327100/change-in-gdp-in-catalonia-spain-and-the-eurozone/
Institut d'Estadística de Catalunya. "Percentage Variation in Volume of Gross Domestic Product (Gdp) in Catalonia, Spain and The Eurozone between 2007 and 2020." Statista, Statista Inc., 2 Apr 2021, https://www.statista.com/statistics/327100/change-in-gdp-in-catalonia-spain-and-the-eurozone/
Institut d'Estadística de Catalunya, Percentage variation in volume of gross domestic product (GDP) in Catalonia, Spain and the Eurozone between 2007 and 2020 Statista, https://www.statista.com/statistics/327100/change-in-gdp-in-catalonia-spain-and-the-eurozone/ (last visited May 21, 2022)
