Economy
Salta's economy is relatively underdeveloped, yet diverse. Its economy in 2006 was estimated at US$5.1 billion (which shall be around US$8 billion in 2011, according to Argentina's economical growing), or, US$4,760 per capita (around US$6,600 in 2011), 45% below the national average.
Agriculture and its derived industries are still an important activity in the province, adding over 10% to output. Tobacco, sugar cane and viticulture are the most important and produce most of the exports from the area. Other crops mostly for local consumption are maize, beans, citrus, bananas, and tomatoes. The sugar cane is processed in plants in Salta before it is sent to the rest of Argentina and other countries. The plant in San Martín de Tabacal is the most important of them. The famous wines of the Valles Calchaquíes region near Cafayate are produced in numerous vineyards of diverse sizes (mainly Torrontés, Malbec and Cabernet Sauvignon).
Gas and petroleum from the Tartagal, Aguas Blancas, Madrejones and Campo Durán centres is transported to Buenos Aires and Rosario by pipes. Campo Durán also has an oil refinery located in the province. In all, manufacturing plays a significant role in Salta, adding 20% to the economy. Mining includes uranium at Iruya, La Poma and San Carlos.
American breeds of cattle are raised only on the humid sub-tropical east, along with some sheep and goats.
Read more about this topic: Salta Province
Famous quotes containing the word economy:
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—Ralph Waldo Emerson (1803–1882)
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—Doris Lessing (b. 1919)