2013/10/30

The Catalan economy in the European context



Catalonia: among the wealthiest countries in Europe.


Country
2010
Luxembourg
65.200
Netherlands
32.100
Ireland
31.600
Denmark
31.300
Austria
31.100
Sweden
30.200
Belgium
29.200
Germany
29.000
Catalonia
28.400
Finland
27.700
United Kingdom
27.200
France
26.500
Italy
24.700
EU-27
24.500
Spain
24.300
Cyprus
23.600
Greece*
22.100
Malta
21.000
Slovenia
20.500
Portugal
19.700
Czech Republic
19.500
Slovakia
17.900
Hungary
15.900
Estonia
15.500
Poland
15.300
Lithuania
14.900
Latvia
13.200
Romania
11.400
Bulgaria
10.700
*2009 data
Source: Eurostat

GDP at market prices, 2012 (M€)

Catalonia: a medium-sized economy in Europe.

Country
2012
Germany
2.643.900,0
France
2.028.235,2
United Kingdom
1.901.001,4
Italy
1.565.916,1
Spain
1.049.525,0
Netherlands
600.638,0
Sweden
408.467,2
Poland
381.213,5
Belgium
376.229,0
Austria
309.900,9
Denmark
244.535,2
Catalonia
207.762,0
Finland
194.469,0
Greece
193.749,0
Portugal
165.409,2
Ireland
163.595,4
Czech Republic
152.310,9
Romania
131.747,0
Hungary
97.756,3
Slovakia
71.463,0
Luxembourg
44.425,7
Bulgaria
39.667,7
Slovenia
35.466,3
Lithuania
32.863,6
Latvia
22.258,0
Cyprus
17.886,8
Estonia
16.998,2
Malta
6.755,9
Source: Eurostat, Idescat

Real GDP growth

Catalonia, like most European countries, experienced a harsh recession after the burst of the housing bubble in 2008.

With no time for recovery, the debt crisis is pushing the Catalan economy back into recession.
Catalonia
EU-27
           2001
3,10
2,10
           2002
2,60
1,30
           2003
3,80
1,50
           2004
3,10
2,50
           2005
3,90
2,10
           2006
3,80
3,30
           2007
2,70
3,20
           2008
-0,20
0,30
           2009
-4,20
-4,30
           2010
0,30
2,10
           2011
0,50
1,60
           2012
-1,30
-0,30
Source: Idescat

Unemployment rate

The unemployment rate in Catalonia was stable around the European average until the recession.

Today, unemployment is at its historic peak and has become the main concern, both economically and socially.
Catalonia
EU-27
2000
8,9
8,8
2001
8,6
8,6
2002
10,1
8,9
2003
10,1
9,1
2004
9,7
9,3
2005
7
9
2006
6,6
8,3
2007
6,6
7,2
2008
9
7,1
2009
16,3
9
2010
17,8
9,7
2011
19,3
9,7
2012
22,7
10,5
Source: Idescat

Exports to foreign countries (M€)

Catalonia: an export-oriented economy.
The Catalan economy has turned to the foreign market to make-up for a depressed local market.
As a result of a major effort in competitiveness, exports to foreign countries have increased 41% during the recession years reaching a historical peak of 58,321M€ in 2012.

Catalonia
1998
27147,8
1999
27890,6
2000
33796,5
2001
36694,5
2002
37275,9
2003
37648,5
2004
39485,1
2005
42703,4
2006
47218,8
2007
49679,8
2008
50515,7
2009
41461,7
2010
48871,6
2011
54999,9
2012
58321,7
Does not include exports to Spain
Source: Idescat

Degree of Openness, (Imports + Exports) / GDP, 2012

In terms of openness, Catalonia is above the European average and close to the median, next to Germany.
Historically, Catalonia’s main trading partner has been Spain, even though the share of sales to the Spanish market is shrinking (from 52,3% in 2007 to 45,7% in 2012) and the share of sales to the rest of the World is increasing (from 48,3% in 2007 to 54,3% in 2012).

Country - 2012
Exports
Imports
GDP
(Exp+Imp)
(Exp+
Imp)/
GDP
Luxembourg
75.917,8
62.425,6
44.425,7
138.343,4
3,11
Malta
6.883,4
6.492,4
6.755,9
13.375,8
1,98
Ireland
177.134,2
137.635,0
163.595,4
314.769,2
1,92
Slovakia
68.326,5
64.773,9
71.463,0
133.100,4
1,86
Estonia
15.715,5
15.631,4
16.998,2
31.346,9
1,84
Hungary
92.611,7
84.997,0
97.756,3
177.608,7
1,82
Lithuania
27.670,0
27.531,2
32.863,6
55.201,2
1,68
Netherlands
524.719,0
471.606,0
600.638,0
996.325,0
1,66
Czech Republic
118.836,9
110.697,6
152.310,9
229.534,5
1,51
Slovenia
26.603,6
25.194,6
35.466,3
51.798,2
1,46
Bulgaria
26.429,7
27.895,9
39.667,7
54.325,6
1,37
Latvia
13.609,3
14.344,2
22.258,0
27.953,5
1,26
Austria
177.672,3
165.810,9
309.900,9
343.483,2
1,11
Denmark
133.328,2
122.564,7
244.535,2
255.892,9
1,05
Germany
1.362.590,0
1.210.960,0
2.643.900,0
2.573.550,0
0,97
Catalonia
107.414,0
94.651,0
207.762,0
202.065,0
0,97
Sweden
199.125,7
173.974,3
408.467,2
373.100,0
0,91
Cyprus
8.136,7
8.126,8
17.886,8
16.263,5
0,91
EU-27
5.768.224,5
5.514.235,0
12.899.149,5
11.282.459,5
0,87
Romania
52.693,2
59.486,5
131.747,0
112.179,7
0,85
Finland
77.261,0
78.445,0
194.469,0
155.706,0
0,80
Portugal
64.073,4
64.906,6
165.409,2
128.980,0
0,78
United Kingdom
602.350,6
646.937,2
1.901.001,4
1.249.287,8
0,66
Spain
338.014,0
327.314,0
1.049.525,0
665.328,0
0,63
Italy
474.177,3
454.990,6
1.565.916,1
929.167,9
0,59
Greece
52.309,3
62.053,4
193.749,0
114.362,7
0,59
France
568.417,3
610.456,8
2.028.235,2
1.178.874,1
0,58
Source: Eurostat, Idescat, C-intereg

Foreign Direct Investment (M€)

Catalonia: attractive to investors.
Always a pole of attraction for foreign investment.

During the recession, Catalonia keeps attracting even more foreign investment projects.
Catalonia
2000
2.679,20
2001
3.322,90
2002
2.140,80
2003
1.315,60
2004
1.586,80
2005
2.560,90
2006
2.658,60
2007
2.621,60
2008
2.344,30
2009
1.561,10
2010
4.824,80
2011
3.018,30
2012
2.602,90
Source: Idescat

Nights spent in tourist accommodation establishments / population, 2011

Catalonia: attractive to tourists.
Relative to its size, Catalonia is a top touristic destination in Europe.
In 2012, Catalonia received 15.519.000  foreign tourists.

Country - 2012
Nights
Population
Nights/Population
Malta
7.361.449
416.676
17,67
Cyprus
13.112.596
850.881
15,41
Austria
73.647.325
8.423.635
8,74
Catalonia
44.029.174
7.326.000
6,01
Greece
65.514.230
11.299.976
5,80
Spain
239.369.167
46.174.601
5,18
Ireland*
21.652.000
4.260.341
5,08
Luxembourg**
2.075.831
497.783
4,17
Italy
176.474.062
60.723.569
2,91
Estonia
3.748.865
1.339.928
2,80
Portugal
27.860.103
10.556.999
2,64
Slovenia
5.106.452
2.052.843
2,49
EU-27
1.041.379.747
503.016.406
2,07
France
122.962.958
65.161.316
1,89
Czech Republic
19.424.839
10.496.088
1,85
Denmark
9.491.137
5.570.572
1,70
Bulgaria
12.426.723
7.348.328
1,69
Netherlands
27.739.000
16.693.074
1,66
Belgium
16.723.867
11.047.744
1,51
United Kingdom
87.993.917
62.752.472
1,40
Sweden
11.344.435
9.449.213
1,20
Latvia
2.257.021
2.058.184
1,10
Finland
5.507.468
5.388.272
1,02
Hungary
9.920.339
9.971.727
0,99
Germany
63.081.467
81.797.673
0,77
Slovakia
3.990.300
5.398.384
0,74
Lithuania
1.883.003
3.030.173
0,62
Poland
10.620.264
38.534.157
0,28
Romania
3.066.882
21.384.832
0,14
*2006
**2009
Source: Eurostat


Catalonia and its capital, Barcelona, are amongst the highest ranked regions of Europe


EUROPEAN CITIES AND REGIONS OF THE FUTURE 2012/2013
FDI Magazine
EUROPEAN CITIES AND REGIONS OF THE FUTURE 2012/2013
FDI Magazine
EUROPEAN INVESTMENT MONITOR 2011
Ernst & Young
HOT SPOTS 2012
The Economist
EUROPEAN CITIES MONITOR 2011
Cushman & Wakefield
STATISTICS REPORT 2010
International Congress and Convention Association

Top 25 Regions – Overall

Top 25 Regions – FDI Strategy

Top Urban Regions for FDI in Europe

Physical capital

Best cities to locate a business

Number of participants in meetings

1 Barcelona
2 Vienna
3 Stockholm
4 Berlin
5 Amsterdam
6 Paris
7 Montreal
8 Sydney
9 Beijing
10 Singapore
1 Greater Stockholm
2 South-east
3 Copenhagen
4 Ile-de-France
5 Scotland
6 Prague
7 Nordrhein-Westfalen
8 Noord-Holland
9 Greater Dublin
10 Thames Valley
11 Greater Zurich
12 Utrecht
13 Northern Ireland
14 Vienna
15 Västsverige
16 South-west
17 Brussels Capital
18 Bratislavský kraj
19 Catalonia
20 North-west
21 Bayern
22 Comunidad de Madrid
23 Isle of Man
24 Kent
25 Central Federal District
1 Nordrhein-Westfalen
2 Catalonia
3 Copenhagen
4 Comunidad de Madrid
5 Scotland
6 Utrecht
7 Northern Ireland
8 Flanders
9 Greater Stockholm
10 Wallonia
11 Kainuu region
12 Thames Valley
13 Val De Marne
14 Brabant
15 Bretagne
16 Ile-de-France
17 Lesser Poland
18 Pomurje
19 Isle of Man
20 Emilia-Romagna
21 Bouches Du Rhone
22 Opolskie
23 Vasterbotten
24 Greater Manchester
25 Central Bohemia Region
1 Greater London
2 Ile de France
3 Rhone Alps
4 Dusseldorf
5 Comunidad de Madrid
6 Darmstadt
7 Moscow
8 County of Dublin
9 Lombardy
10 Antwerp Provence
11 Oberbayern
12 Catalonia
13 Stockholm County
14 Noord-Holland
15 Koln
=1 Vancouver 
 =1 Tokyo 
 =1 Stockholm 
 =1 Singapore 
 =1 Melbourne 
 =1 Hong Kong 
 =1 Hamburg 
 =1 Amsterdam 
 =9 Zurich 
 =9 Vienna 
 =9 Sydney 
 =9 Oslo 
 =9 Geneva 
 =9 Frankfurt 
 =9 Copenhagen 
 =9 Barcelona
Global appeal
 1 London 
 2 Paris 
 3 Tokyo 
 4 Singapore 
 5 Beijing 
 6 Hong Kong 
 7 Amsterdam 
 8 New York 
 9 Barcelona 
 10 Vienna
1 London
2 Paris
3 Frankfurt
4 Amsterdam
5 Berlin
6 Barcelona
7 Madrid
8 Brussels
9 Munich
10 Zurich
Best quality of life for employees
1 Barcelona
2 Stockholm
3 Zurich
4 Geneva
5 Madrid
6 Munich
7 Copenhagen
8 Vienna
9 Paris
10 London

0 comentaris:

Publica un comentari a l'entrada