Spain - Real Exports of Goods and Services





Spain: Real Exports of Goods and Services

Mnemonic EX$.IESP
Unit Ch. Vol. Index 2015=100, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Quarterly 2.72 %
Data 2023 Q4 123
2023 Q3 119.74

Series Information

Source National Institute of Statistics (INE)
Release Quarterly Spanish National Accounts
Frequency Quarterly
Start Date 3/31/1995
End Date 12/31/2023

Spain: Trade

Reference Last Previous Units Frequency
Current Account Balance Jan 2024 5,127 1,542 Mil. EUR, NSA Monthly
Exports of Goods and Services 2023 Q4 142,105 137,101 Mil. EUR, CDASA Quarterly
Imports of Goods and Services 2023 Q4 129,122 125,653 Mil. EUR, CDASA Quarterly
Real Exports of Goods and Services 2023 Q4 123 119.74 Ch. Vol. Index 2015=100, CDASA Quarterly
Real Imports of Goods and Services 2023 Q4 120.74 117.82 Ch. Vol. Index 2015=100, CDASA Quarterly
Real Net Exports 2017 48,066,000,000 44,686,000,000 NCU Annual
Balance of Goods Oct 2016 -1,833,642 -2,230,782 Ths. EUR, NSA Monthly
Exports of Goods Oct 2016 21,806,803 21,431,637 Ths. EUR, NSA Monthly
Imports of Goods Oct 2016 23,640,445 23,662,419 Ths. EUR, NSA Monthly

Release Information

The Quarterly Spanish National Accounts (QSNA) provides a coherent qualitative description of Spanish economic activity as a whole in the immediate past via a quarterly macro-economic framework, elaborated from the point of view of supply, demand and income. Similarly, it includes estimates of the level of employment in terms of national accounting with the following concepts: persons, jobs, full time jobs. The QSNA estimates are offered in two versions: gross or non-adjusted data, corrected for seasonal and calendar effects data. The QSNA system includes the quarterly accounts from the rest of the world that quantifies among other things, the capacity or need to finance the economy as a whole.

Active:

  • National accounts framework: ESA 2010
  • Industry classification:
    • CNAE 2009, localization of NACE Rev. 2
    • A*10 aggregation
  • Measurements:
    • Millions of euros at current prices (Mil. EUR)
    • Chained volume index relative to 2015 (Vol. Index 2015=100)
    • Thousands of persons (Ths. #)
  • Adjustments:
    • Calendar day adjusted and seasonally adjusted (CDASA)
    • Not adjusted (NSA)
  • Native frequency: Quarterly
  • Start date: 1995Q1

Predecessors:

  • 2010 prices
  • 2008 prices
  • 2000 prices
  • 1995 prices
  • 1986 prices

The methodology employed by the QSNA is based on estimates by means of econometric techniques from models that relate the development of each SNA with a group of quarterly indicators that allow both quarterly breakdowns and extrapolation. Technically it can be said therefore, that the QSNA is a compromise between the rigor and amplitude of the SNA and the rapidity and opportunity of short term indicators.

The QSNA estimates are offered in current and volume terms. The first are valued at the same period's prices and the second are presented by means of indices linked to the specified reference year. These indices arise from linking the valuations carried out with the previous year's prices.

The QSNA estimates are offered in two versions: gross or non-adjusted data, corrected for seasonal and calendar effects data. The QSNA system includes the quarterly accounts from the rest of the world that quantifies among other things, the capacity or need to finance the economy as a whole.

All QSNA estimates are adjusted to the same principles of accounting coherence and balance as the annual National Accounting of Spain (NAS). Both statistics are in harmony with the European System of National and Regional Accounts (ESA).

Moody's Analytics supplements

For GDP(E) and GDP(O), we compute chained-price levels from the current-price levels and chained volume indexes.

The advance of QSNA results for quarter t is published around t + 30 days.Likewise, the seasonally and calendar adjusted data (SAC) of the Advance results of the Quarterly National Accounts (QNA) incorporates the revision of the SAC results of previous quarters, in the case of quarters not previously estimated by the Annual Accounts.

These results are updated around t + 90 days. At the same time, updated results are disseminated from the previous quarters of the current year. In addition, in the case of the second quarter of each year, revised results are disseminated from the first quarter of year T-3, consistent with the policy of review of results of the Annual National Accounts of Spain.

Further reading

At the IMF (SDDS):