The GIP has surpassed the trillion of Euros

    Pib (Producto Interior Bruto) has surpassed the trillion of Euros already. It was a data that already was expected, but has arrived before time. One calculated that it would be reached and this number in the third trimester would be surpassed, but thanks to the growth of the Spanish economy, already is a fact that has been surpassed.

    The GIP of a country is defined as the sum of all the goods and services with final character that have been produced in this country during a period of study by nationals or resident foreigners in that country. Gross Internal Product or the GIP is like the accumulation or total monetary value of the current production of goods and services of a country during a period; normally it is a trimester or a year. Thus taking the data that to us the National Institute of Statistics offers, in the four last trimesters, we will observe with its sum that has surpassed the trillion of Euros:

Quarterly Terer of 2006 = 247.313.000

Fourth trimester of 2006 = 252.095.000

First trimester of 2007 = 256.580.000

Secondly quarterly of 2007 = 261.072.000

                                            ___________

                            Total = 1.017.060.000

    More of a trillion of Euros, more than 1,017 million.

    In this graph we can observe the evolution of the GIP from the 2001, giving us to account its growth.

    The indicator of the GIP is used to value the growth of the Spanish economy, and in the second trimester a 4% have grown, one tenth less than the previous trimester. If we realized it to the valuation comparing the interquarterly indices, we did not find with a rate of 0.9 in this second trimester in front a interquarterly rate of 1.0 in the first trimester of the 2007. This indicates a smooth profile of deceleration of the Spanish economy, had essentially to a moderation of the national demand and the construction, although this last one with a compared slow deceleration with the deceleration that was expected. The Spanish families are moderate the cost, trying to lighten their indebtedness. Therefore the Spanish economy continues growing, with a tenuous deceleration but it stays vigorous.