Veneto - Economy

Economy

Historically, Veneto was a poor agricultural region, as well as a land of mass emigration. But, since the 1970s it has seen impressive development, thanks to the so-called 'Veneto Development Model' that is characterised by strong export-oriented entrepreneurship in traditional economic sectors and close social cohesion - making it actually the third richest region in terms of total GDP (€149.4 billion) after Lombardy and Lazio.

Geography and historical events have determined the present social and economic structure of the region, centred on a broad belt running from east to west. The plain and the Alpine foothills are the most developed areas in contrast to the Po delta and the mountainous areas, with the exception of the surroundings of Belluno. This is why the Alps and the province of Rovigo are suffering more than other areas, from a trend of declining and ageing population.

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