Economy
Andalusia is traditionally an agricultural area, but the service sector (particularly tourism, retail sales, and transportation) now predominates. The once booming construction sector, hit hard by the 2009 recession, was also important to the region's economy. The industrial sector is less developed than most other regions in Spain.
Between 2000–2006 economic growth per annum was 3.72%, one of the highest in the country. Still, according to the Spanish Instituto Nacional de Estadística (INE), the GDP per capita of Andalusia (€17,401; 2006) remains the second lowest in Spain, with only Extremadura lagging behind.
| Andalusia | Almería | Cádiz | Córdoba | Granada | Huelva | Jaén | Málaga | Sevilla | |
|---|---|---|---|---|---|---|---|---|---|
| GDP (thousands of €) | 115,273,571 | 10,695,222 | 17,476,650 | 10,287,555 | 11,656,391 | 7,562,345 | 8,555,194 | 21,605,838 | 27,432,372 |
| GDP per capita | 10,171 | 12,036 | 9,805 | 9,821 | 9,794 | 10,151 | 9,676 | 10,279 | 10,232 |
| Thousands of workers | 2,825.3 | 274.7 | 408.1 | 262.0 | 285.7 | 158.8 | 220.0 | 538.2 | 677.8 |
| Percentage of province | 100% | 9.28% | 15.16% | 8.92% | 10.11% | 6.56% | 7.42% | 18.74% | 23.8% |
Read more about this topic: Andalusia
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)