Economic structure of Gipuzkoa

Economic structure
of Gipuzkoa
1
Gipuzkoa
A borderland-small but one of the most advanced provinces of
Spain (economically, technologically)
 Gipuzkoa is the east Historical
Territory of the Basque country and the
smallest
ll t province
i
off Spain
S i (0,39%)
(0 39%)
San Sebastian is the capital ( 20 kms to
the border/ 465 Kms to Madrid/780 Kms to Paris)
Population: 707.263 inhabitants in
2010 (1,5% of Spain; 32,5% of Euskadi)
Population
density:
357,14
inhabitants per square kilometer
 Nominal GDP per capita: 32.000€
32 000€
 34% higher than spanish average
g
than EU average
g
 28% higher
 -13% lower than the USA
Stands out the weight of manufacturing
The weight of Metallurgy, Machinery and Transport equipment is significantly
higher than in Europe
G
Gross
value
l added.
dd d Sectoral
S t
l distribution
di t ib ti
100,0
80,0
63,5
71,7
71,3
10,1
4,1
28,2
15,6
23,7
Gipuzkoa
Spain
Germany
60,0
40,0
7,7
20,0
73,6
6,0
6,0
12,5
19,4
18,8
France
Itali
UE27
6,5
0,0
Servicies
72,8
80,2
Construction
Industry
Agricultur & Fishign
Industrial Gross value added
30,0
25,0
29,2
Gipuzkoa
Germany*
20,4
EU27
20,0
15,0
10,0
5,0
0,0
10,2
10 2
92
9,2
6,8
5,4
4,5
4,2
3,0
2,3
1,9
1,4
1,3
External trade
Exports represent more or less the 30% of the total sales. Europe is
the destination for the 67% of the exports
Exports destination
Marocco
Argelia
Rest of
Africa
Export share of GDP (%)
Oceania
45
Rest of Asia
India
China
40
France
1995
35
2011
30
Latin
America
Germany
25
20
15
North
America
Italy
Rest of
Non UE
Europe
UK
Resto of
UE27
10
5
0
Gipuzkoa Alemania
Russia
Turkey
Italia
Portugal
Exports of machinery represents the 25% of the total.
 Current account balance has been positive since 1993.
In 2010 the export-import coverage rate reached 175%.
Francia
R.Unido
EEUU
Research and Development
Upward trend of the expenditure in R&D in Gipuzkoa
Evolution of the expenditure in
innovation as % of GDP
R&D expenditure in % of GDP
4,2
4,0
4,1
4,0
3,0
3,9
3,8
2,0
3,96
3,60
3 60 3,44
37
3,7
3,02 2,82
2,77
1,0
3,6
2,41 2,21
2,01 1,98
1,38 1,27
3,5
3,4
,
0,0
3,8
3,8
3,6
3,6
3,7
2003
2004
2005
2006
2007
4,1
4,2
2008
2009
3,3
The expenditure in R&D as percentage of GDP in Gipuzkoa, overcome the
average percentage of the UE27 and the average percentage of Spain,
Employment
Unemployment rate is 13%, half of the unemployment rate in Spain (lowest)
55.000
Unemployment rate in Gipuzkoa
52.074
13,3%
50.000
45.000
40.000
35.000
30.000
21.388
4,1%
25.000
20.000
Weak recovery is not sufficient to create employment, although industrial
employment seems to show an incipient recovery
During the crisis, unemployment rate has risen by almost 10 percentage
points
Top Companies
Manufacturing
Fagor Electrodomésticos S.Coop.
Construcciones Y Auxiliar De Ferrocarriles S.A.
Fagor Ederlan S.Coop.
Ulma Construcciones Y Embalajes SS.Coop.
Coop
Orona S.Coop.
Irizar Cooperativa Industrial S.Coop.
Indar Electric S.L.
Corporacion Patricio Echeverria, S.A.
Copreci
Corrugados Azpeitia, S.L.
Fagor Arrasate
Talleres De Escoriaza, S.A.U.
Fagor Automation
Natrazahor, S.A.U.
Arcelormittal Olaberria,
Olaberria S.L.
S L -Grupo
Grupo Arcelor
ArcelorCandy Hoover Electrodomesticos, S.A.
Arcelormittal Zumarraga, S.A.
Sidenor Industrial, S.L.
Gkn Driveline Zumaia, S.A.
Angel
g Iglesias,
g
S.A.
Rothenberger, S.A.
Asea Brown Boveri, S.A.
Papelera Guipuzcoana De Zicuñaga, S.A.
Arcelormittal Bergara, S.A. - Grupo Arcelor Xey Corporacion Empresarial, S.L.
Z d
Zardoya
Otis,
Oti S.A.
SA
Banking
Kutxa
Caja Laboral Popular
Banco Guipuzcoano
Services
Ibermatica S.A.
Uvesco-Unialco, S.L.
Policlinica Guipuzcoa, S.A.
Euskaltel, S.A.
Sector
Electric Domestic Appliances
Railways
Metals
Lifting And Handling Equipment
Lifting And Handling Equipment
Automotive
Electrical Equipment
Tools
Machine-Tools
Metals
Metals
Metals
Automotive
Food
Metals
Appliance
Metals
Metals
Automotive
Electrical Equipment
q p
Metals
Electrical Equipment
Paper
Metals
Furniture
Lifti A
Lifting
And
dH
Handling
dli Equipment
E i
t
Employment
4.042
3.800
1.410
1 190
1.190
829
729
690
660
626
535
507
493
474
467
438
433
412
401
360
344
308
299
298
293
292
290
Banking
Banking
Banking
2.854
800
466
Computer And Related Activities
Retail
Health Care
Telecom
3.180
2.500
338
300
Mobility, Aerospace, Automotive
Is one of the international market leaders in the design,
manufacture, maintenance and supply of equipment
and components for railway systems
Renewable Energy
gy
Green Sector
More than 20 companies & 2.000 employees
From on-shore wind power to off-shore wind power
Metallurgy &
Machinery
Electronic,, ICT,
Electronic
ICT Audiovisual
T i
Tourism
& Cooking
C ki
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