Four autonomies are above the GDP per inhabitant of the EU average

Four autonomies are above the GDP per inhabitant of the EU average

Madrid, the Basque Country, Navarre and Catalonia are above the GDP per capita of the European average, which was at 30,000 euros, according to data published today by the National Institute of Statistics (INE).

In its Regional Accounting for Spain, corresponding to 2017, it indicates that per capita wealth was 33,824 euros in Madrid, 32,969 in the Basque Country, 30,853 in Navarra and 30,064 in Catalonia.

In relative terms, the GDP per capita of Madrid was 35% higher than the national average, the Basque Country 31.5% and the Navarra 23.1% higher.

At the opposite extreme, the per capita GDP of Extremadura was 30% below the national registry, and those of the autonomous city of Melilla and Andalusia were, respectively, 28.2% and 26.0% lower than the average of Spain.

Seven communities exceeded the national average per capita registry (25,064), since, in addition to the four mentioned, in Aragón it was 27,648, Baleares (26,287) and La Rioja (26,194).

The regions with the lowest GDP per capita were Extremadura (with 17,554 euros per inhabitant), the autonomous city of Melilla (18,007), and Andalucía (18,557).

The Autonomous Communities that registered the highest growth of their GDP as a percentage were Asturias (3.8%), Cantabria and Aragón (both with 3.4%) and Madrid (3.3%).

The ones with the lowest growth were La Rioja (1.5%), the autonomous city of Ceuta (1.6%), Castilla y León (1.7%) and the autonomous city of Melilla (1.8%).

Twelve communities – Asturias, Cantabria, Aragón, Madrid, Catalonia, the Basque Country, Murcia, Galicia, the Valencian Community, Navarra, the Canary Islands and Andalusia – recorded growth in volume of their GDP higher than that of the European Union (EU-28), which was 2.4%.

Households in the Basque Country had the highest disposable income per capita in 2016, with 19,195 euros, 29.9% higher than the average for Spain.

Behind were Madrid (18,707 euros) and Navarra (17,948 euros), while the lowest records corresponded to Extremadura (11,310), the autonomous city of Melilla (11,328 euros per inhabitant) and Andalusia (11,589).

The gross disposable income (RDB) per inhabitant of Spain in 2016 was 14,781 euros.

Eight of the regional territories – Basque Country, Madrid, Navarra, Catalonia, Aragon, Balearic Islands, Las Rioja and Asturias – surpassed the national average.


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