Methodological sheet of the indicator available for the Autonomous Community of the Basque Country.
| Available indicator |
Compensation for personal injury, pecuniary loss and property damage paid and/or provisioned in proportion to GDP |
|---|---|
| Target |
1.5 By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters |
| Goal |
1- End poverty in all its forms everywhere |
| Definition |
Proportion of compensation for personal injury, pecuniary loss and property damage paid and/or provisioned (pending settlement or payment) in relation to GDP at current prices |
| Theoretical formula |
\[INDEMPIB^{t} = \frac{(IDP^{t}+IPP^{t}+IDB^{t})/IUIPC_{refT}^{t}}{PIB^{t}} \cdot 100 \quad \mathrm t=1,\dots,\mathrm T\]
\[IUIPC_{refT}^{T} = 1\]
\[IUIPC_{refT}^{t-1} = IUIPC_{refT}^{t} \cdot \frac{(100+TIPC_{dic}^{t})}{100} \quad \mathrm t=\mathrm T,\mathrm T-1,\dots,\mathrm 2\]
where: $IDP^{t} =$ Compensation for personal injuries paid and/or provisioned in year $t$ at prices of year $T$ $IPP^{t} =$ Compensation for pecuniary losses paid and/or provisioned in year $t$ at prices of year $T$ $IDB^{t} =$ Compensation for property damage paid and/or provisioned in year $t$ at prices of year $T$ $TIPC_{dic}^{t} =$ annual variation rate of the national CPI in the month of December of year $t$ $PIB^{t} =$ gross domestic product at current prices in year $t$ |
| Available disaggregations |
Province |
| Frequency |
Annual |
| Observations |
Compensation is assigned to the place and year of occurrence of the claim, not including claims occurring abroad. |
| OCECA |
Indicator calculated using a methodology harmonised across the central statistical bodies of the autonomous communities |
| Data last updated | 2025/05/08 |
| Metadata last updated | 2025/06/18 |
