Catalonia ranked fourth in Spain with GDP per capita of €26,412

Madrid (ACN).- Catalonia has confirmed its fourth place in the Autonomous Community rankings of GDP per capita, according to figures released by the Spanish Institute of Statistics (INE). This data, collected in 2012, reveals that the Basque Country is still the leading area in Spain, followed by the region of Madrid and Navarre in second and third place. The figures indicate that the GDP per capita of Catalonia and its nearly 7.29 million inhabitants amounted to €26,412 in 2012, meaning 0.7 % less than during the previous year. However, in 2012, the wealth generated by the Catalans totalled €192,535 million, representing 18.7 % of the Spanish GDP, above the 2011 figures when Catalonia contributed to 18.6 % of the Spanish economy.

The drop in Catalonia’s GDP per capita in 2012 (-0.7%) is minor compared to the highest-ranked Autonomous Communities. The Basque Country registered a 1.4% drop of its GDP per capita, alongside Madrid (-2.3 %) and Navarre (-2.2%).

The Basque Country GDP per capita, which was posted on the 31^st of December, 2012 amounted to €30,043, 12% higher than Catalonia’s. Madrid’s GDP of €28,906 is 8.8% higher than Catalonia’s, and Navarre’s GDP of €28,491, 7.3 % higher.