Gaindegia testu logoa
Observatory for Social and Economic Development in the Basque Country

Report Gaindegia 2007: Indicators on the Basque Country 2007

Using this list of main indicators, we aim to provide a snapshot of the socio-economic situation in Euskal Herria. The data appears grouped together by territory and the indices for Euskal Herria as a whole are contrasted with figures from Europe, USA and Japan.

POLUTATION AND TERRITORY ECONOMY SOCIETY
-Surface area and density -GDP per inhabitant -Level of education among young people
-Population -Workforce productivity -Science and technology graduates
-Population per age group <=14 -Business investment -Employment rate
-Population per age group >=65 -RTD investment -Female employment rate
-Births -Export -Employment rate for population between 55-64 years old
-Deaths -Import -Unemployment rate
-Migration balance -Balance -Female unemployment rate
-Available income per active person -Long term unemployment rate
-Poverty risk rate
-Social spending

Mikel Zurbanok, Doctor in Economics. Analysis:


Advance:

"... Analysing economic indicators confirms the Basque Country’s high income level. This prosperity is reflected in our GDP per capita, which is way above the EU average (by 5,000 euros), exceeding even Japan. Fundamental indicators for our future are also firmly established. This is at least the case of productivity and business investment whose rates stand above the EU and Japan. On the contrary, we have quite low RTD spending compared with the average from these two areas.

In any case, the majority of indicators relating to the level of social cohesion do not coincide with the level of dynamism observed in the economy. So, we can see that both the overall employment rate and the employment rates for women and workers between 55 and 64 barely exceed the community average, standing way below employment rates in USA and Japan. And the same occurs with indicators for unemployment rates: data from the Basque Country situates it just a few points from the community average, but it clearly surpasses the overall unemployment rate in USA and Japan, as well as the rate for women and long term unemployed..."

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