Regional Government
Citizen Space
Business Space
About Azores
  news Legislation Schedule Communities Contacts Portal Map Links Help
Versão PortuguesaMUDAR LÍNGUA
See in: entities  categories

Agriculture and Forestry
Business Relations with the Regional Government
Civil Protection
Closing a company
Economical Inspection
Financing and Incentives
Housing and Infrastructures
Human Resource Management
Inovation, Reserach and Development and Technology
Law, Regulations
Science and Technology
Social Security
Starting a company
Statistics and Indicators


Get News of the Government by RSS - click here
Know more about RSS ...


Ponta Delgada ,  January 12, 2011

GDP Azores

Azorean economy converged significantly for the national and European averages in 2008 and 2009

The Regional Government is satisfied with the data released by the INE (National Statistics Institute) on Wednesday regarding the regional accounts in 2008 and 2009, especially with the significant convergence both for the national and European averages which was registered over the last two years.

In 2008, the Azores GDP registered a real growth rate of 2.8% when national economy stagnated (0.0%) and the European Union did not exceeded 0.5%. This means that in 2008 the Azores grew at pace five times higher the average of 27 countries that make up the European Union. In the following year, 2009, the regional economy registered a better performance compared to the national economy (fall of 2.5%) and the European economy (contraction of – 4.2%). In this context, the Azores registered a negative movement of 0.3%.

These data demonstrate that the Azores were the only region with the best performance in 2008 and 2009. 

According to the information provided by the INE, the GDP per capita in the Azores represents 77% of the average of EU countries, having registered a significant convergence with the production and income averages of the European Union. In fact, over the last two years, the Azores have grown more 6 percentage points than the EU. With these data, the production activity per capita in the Azores reaches 96% of the national average, surpassing the Alentejo Region, having already surpassed the Norte  and Centro Regions in 1999 and 2001, respectively.

The available household income in the Azores reached the national average in 2008, which means that the purchasing power in the Azores registered a higher growth than the rest of the country, surpassing the Alentejo, Norte and Centro Regions.
Furthermore, regional productivity also shows a positive growth, remaining higher than the national average. It reached 105% and grew 4 percentage points compared to 2007.

The information released on Wednesday confirms that the Government was right when it stated that it would take the necessary measures to delay the effects of the adverse international conjuncture as well as to minimise its impact in the Azores.


Official government press-releases presented in all foreign languages interfaces of the Azorean Government Portal (Portal do Governo dos Açores) are a sub-set of the government's official press-releases daily output and are chosen for translation and publication on the foreign language interfaces based on audience segmentation criteria. The entire collection of the Azorean government press-releases is available in portuguese, here, from the GACS Press Office site.

   Print   Send Send News   GaCS GaCS Site   Regional Press Regional Press   rss  

Last News

Advanced Search >>

This e-mail address is at your disposal for you to place your questions to the Regional Government of the Azores.
Ask the Government!


Health Ombudsman
Listen to this Page LISTEN
Go to top of page TOP
help HELP
Versão PortuguesaMUDAR LÍNGUA

Símbol of Acessibilidade on Web
main | President | Regional Government | Citizen Space | Business Space | About Azores | My Site