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Azores

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Community Data Sheet

Area: 2323 km2 (Portugal 92.090 km2)
Population: 245.374 (2009) (Portugal 10,6 million)
GDP Distribution: 2.2% of Portuguese GDP (2009)
GDP per capita: 15,123 Euros (2009) (Portugal 15,805 Euros)

Economic Relations

External Commerce (2009)
Export: 93,964 thousand Euros
Import: 125,373 thousand Euros

Spain is the biggest client of the Autonomous Region of the Azores (36% share) and the biggest supplier (27% share). France is the second-biggest supplier (16.7% share).

Map

Main Economic Indicators

Economy

Economic Situation

Population

The most-populated island is São Miguel, with 134,286 inhabitants, followed by Terceira, with 55,912 inhabitants. In total, the Azores has a population of 245,374 inhabitants.

GVA Distribution (%) (2009)

In 2009, the Azores contributed with about 2,2%, in absolute terms, to the national GDP.

GDP per capita

In terms of Gross Domestic Product (GDP) per capita, in comparison with Portugal’s GDP per capita of 15,805 Euros, the Azores registered a value of 15,123 Euros in 2009.

GVA Distribution

In 2008 the primary sector represented 7.2% of the Gross Value Added (GVA) of the Azores, while Industry corresponded to approximately 6%, Construction 5.9% and Energy 4.4%. Regarding services, these represented 73.9% of GVA.

Infrastructures

In terms of infrastructures the Azores has 3 commercial ports, the port of Ponta Delgada, on São Miguel, the port of Praia da Vitória, on Terceira, and the port of Horta, on Faial.
With regards to marinas, the Azores possess marinas in the cities of Horta, Ponta Delgada and Angra do Heroísmo.
In terms of airports, the region possesses one on each island, although only the ones located on São Miguel, Santa Maria, Terceira, Pico and Faial have the necessary conditions to receive international flights.

Trade

In 2009, the exports of the Azores achieved a value of 83,964 thousand Euros, and imports registered a value of 125,373 thousand Euros.
In terms of Foreign Trade, Spain is the biggest client (36% share) and the biggest supplier of the Autonomous Region of the Azores (share of 27%). France is the second-biggest supplier (16.7% share).

Main Export Markets

Main Import Markets

Public Investment

The Regional Government has fought against the economic difficulties of the Region by reinforcing Public Investment, namely in the years in which the effects of the world financial crisis were more severe.