What is the value of domestic work in Spain?

11.05.20

48 segundos de lectura

GDP is the main indicator of a country’s national accounts system and economy, but it does not contemplate many activities carried out in homes, as they are not exchanged in the market. This is the case with care of children and dependents, cooking, and household cleaning.

The economic cost of these activities is estimated by calculating the time that household members invest in domestic tasks and multiplying it by the wage that would be paid to an outside person to do those tasks (8.09 euros per hour). According to the calculations made in this study, published by ”la Caixa” Social Observatory, non-remunerated work would represent some 40.8% of GDP.

Men and women contribute to this work unequally, with the female contribution being the most important. If the non-remunerated work done by women were taken into account when calculating GDP, it would have represented 26.2% of the GDP of 2010, a percentage similar to the industrial sector.

Latest Update: 11.May.2020 | 12:39