Economy
Aragon is among the richest autonomous regions in Spain, with GDP per capita above the nation's average. The traditional agriculture-based economy from the mid-20th century has been greatly transformed in the past several decades and now service and industrial sectors are the backbone of the economy in the region.
The well-developed irrigation system around the Ebro has greatly supported the productive agriculture. The most important crops include wheat, barley, rye, fruit and grapes. Livestock-breeding is essential especially in the northern areas, where the lush meadows provide excellent conditions for sheep and cattle. The main livestock are cattle, 334,600; sheep, 2,862,100; pigs, 3,670,000; goats, 78,000; and poultry, 20,545,000.
The chief industrial centre is the capital Zaragoza, where the largest factories are located. The largest plant is the Opel automotive plant with 8,730 employees and production of 200,000 per year. It supports many related industries in the area. Other large plants in the city include factories for trains and household appliances. Mining of iron ore and coal is developed to the south, near Ojos Negros. Electricity production is concentrated to the north where numerous hydro power plants are located along the Pyrenean rivers and in the 1,150 MW Teruel Power Plant. There is an aluminium refinery in the town of Sabiñánigo. The main centres of electronics industry are Zaragoza, Huesca and Benabarre. Chemical industry is developed in Zaragoza, Sabiñánigo, Monzón, Teruel, Ojos Negros, Fraga, Benabarre and others.
The transport infrastructure has been greatly improved. There are more than 1,000 km (620 mi) of motorways which run from Zaragoza to Madrid, Teruel, Basque country, Huesca and Barcelona. The condition of the other roads is also good. As of 2005 there are 520,000 cars in Aragon. Through the territory of the province runs the new high-speed railway between Madrid and Barcelona with siding from Zaragoza to Huesca, which is going to be continued to the French border. There is an International Airport at Zaragoza, as well as several smaller airports at Huesca, Caudé, Santa Cilia de Jaca and Villanueva de Gállego.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)