Methodological sheet of the indicator available for the Autonomous Community of the Basque Country.
Available indicator |
Macroeconomic Dashboard |
---|---|
Target |
17.13 Enhance global macroeconomic stability, including through policy coordination and policy coherence |
Goal |
17- Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development |
Definition |
Macroeconomic panel that includes important macroeconomic indicators covering the external, financial, fiscal and real sectors:
|
Theoretical formula |
Year-on-year rate of change in real GDP \[TVPIB^{t} = \left(\frac{PIB_{2022}^{t}}{PIB_{2022}^{t-1}} - 1 \right) \cdot 100\]where: $PIB_{2022}^{t} =$ gross domestic product in chained volume with reference to 2022 in year $t$ $PIB_{2022}^{t-1} =$ gross domestic product in chained volume with reference to 2022 in year $t-1$ Unemployment rate \[TD^{t} = \frac{D^{t}}{A^{t}} \cdot 100\]where: $D^{t} =$ unemployed people in year $t$ $A^{t} =$ economically active people in year $t$, taking into account that each of these populations is calculated as the arithmetic mean of the four quarters of the year Year-on-year rate of change in the consumer price index \[TVIPC^{t} = \left(\frac{IPC^{t}}{IPC^{t-1}} - 1 \right) \cdot 100\]where: $IPC^{t} =$ consumer price index in year $t$ $IPC^{t-1} =$ consumer price index in year $t-1$, taking into account that the annual consumer price indices are calculated as the arithmetic mean of the monthly consumer price indices Volume of remittances sent abroad as a proportion of GDP $VR^{t} =$ volume of remittances sent abroad in year $t$ $PIB^{t} =$ gross domestic product at current prices in year $t$ If we denote: $VR_{Spain,c}^{t} =$ volume of remittances sent from Spain to country $c$ in year $t$ $P_{16-64,Spain,c}^{t} =$ foreign population between 16 and 64 years of age from the country $c$ residing in Spain as of 1 January of year $t$ $P_{16-64,c}^{t} =$ foreign population between 16 and 64 years of age from the country $c$ resident in the autonomous community as of January 1 of year $t$ Then: \[VR^{t} = \displaystyle \sum_{p \epsilon Countries} VR_{Spain,c}^{t} = \frac{\frac{P_{16-64,c}^{t}+P_{16-64,c}^{t+1}}{2}}{\frac{P_{16-64,Spain,c}^{t}+P_{16-64,Spain,c}^{t+1}}{2}}\]Countries are: Colombia, Morocco, Ecuador, the Dominican Republic, Honduras, Bolivia, Senegal, Paraguay, Pakistan, Romania, and other countries. Countries belonging to the European Union are not included in “other countries”. Gross debt of regional public administrations according to the excessive deficit protocol as a proportion of GDP \[PPIBDBPDE^{t} = \frac{DBPDE^{t}}{PIB^{t}} \cdot 100\]where: $DBPDE^{t} =$ gross public debt according to the excessive deficit protocol in year $t$ $PIB^{t} =$ gross domestic product at current prices in year $t$ Tax revenues of regional public administrations as a proportion of GDP \[PPIBIF^{t} = \frac{D.211^{t} + D.212^{t} + D.214^{t} + D.29^{t} + D.51^{t} + D.59^{t} + D.91^{t} + D.611^{t} + D.613^{t}}{PIB^{t}} \cdot 100\]where:
$PIB^{t} =$ gross domestic product at current prices in year $t$ Fiscal balance of regional public administrations as a proportion of GDP \[PPIBSF^{t} = \frac{SF^{t}}{PIB^{t}} \cdot 100\]where: $SF^{t} =$ fiscal balance (capacity or need for financing) of regional public administrations as a proportion of GDP in year $t$ $PIB^{t} =$ gross domestic product at current prices in year $t$ |
Available disaggregations |
Province |
Frequency |
Annual |
OCECA |
![]() Indicator calculated using a methodology harmonised across the central statistical bodies of the autonomous communities |
Data last updated | 2025/06/11 |
Metadata last updated | 2025/06/18 |