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MUNICIPAL GDP. 2018. Zamudio Is Still in the Lead As The

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MUNICIPAL GDP. 2018. Zamudio Is Still in the Lead As The EUSKAL ESTATISTIKA ERAKUNDEA BASQUE STATISTICS INSTITUTE Press Release 16/03/2021 MUNICIPAL GDP. 2018 Zamudio is still in the lead as the municipality with the highest GDP per capita in the Basque Country, followed by Zierbena and Olaberria Seven out of the ten municipalities with the highest GDP per capita have a strong industrial character The municipality of Zamudio, in the province of Bizkaia, had the highest Gross Domestic Product per capita in the Basque Country again in 2018, according to data prepared by Eustat. Zierbena, also in Bizkaia, and Olaberria, in Gipuzkoa, came in second and third place. In Álava, Berantevilla was the municipality with the highest GDP per capita, occupying seventh place in the Basque Country. Municipalities of the Basque Country with higher GDP per capita (euro) and their distribution in 4 sectors (%). 2018 GDP PER CÁPITA SECTORIAL DISTRIBUTION (%) AGRICULTURE, INDUSTRY TERRITORIAL AREA GDP per cápita INDEX1 LIVESTOCK AND CONSTRUCTION SERVICES AND ENERGY FISHING Basque Country 35.201 100 0,9 24,1 5,8 69,2 Araba/Álava 37.687 107 1,8 32,3 4,8 61,1 Bizkaia 34.043 97 0,8 19,1 5,9 74,3 Gipuzkoa 35.915 102 0,6 27,8 6,2 65,4 Vitoria-Gasteiz 36.268 103 0,2 26,5 4,9 68,3 Bilbao 35.282 100 0,1 4,1 5,0 90,8 Donostia / San Sebastián 41.993 119 0,0 4,7 6,7 88,6 1 Zamudio 450.262 1.279 0,1 44,7 4,4 50,8 2 Zierbena 281.801 801 0,4 79,0 0,8 19,7 3 Olaberria 274.922 781 0,2 81,4 0,3 18,0 4 Ajangiz 227.566 646 0,8 83,2 0,3 15,7 5 Loiu 225.511 641 0,1 23,5 5,0 71,4 6 Arama 164.951 469 0,4 78,1 2,2 19,3 7 Berantevilla 160.643 456 4,4 75,1 3,7 16,8 8 Aduna 149.104 424 0,5 62,8 2,4 34,3 9 Legutio 148.080 421 0,6 73,9 1,4 24,2 10 Derio 141.607 402 0,2 12,6 3,9 83,4 1Relative position with respect to the value of the Basque Country (=100) Source: Eustat. Municipal GDP The business landscape in Zamudio, top of the ranking in terms of GDP per capita, reveals an equal distribution between the industrial (44.7%) and services (50.8%) sectors. This was mainly due to the strong presence of manufacturing companies (especially those related to the production of Transport Material) and Technology Services companies closely associated with the industry. Zierbena, which came in second place, grew significantly since 2017, owing mainly to the increase in Gross Value Added in the Production and Distribution of Electricity. As a result, Industry and Energy accounted for 79.0% of total activity in the municipality. In the case of Olaberria, which also has a strong industrial character (81.4%), manufacturing was the most important industry, particularly the branch of Iron & Steel Products and production of General Use Machinery. Page 1 of 3 EUSKAL ESTATISTIKA ERAKUNDEA BASQUE STATISTICS INSTITUTE MUNICIPAL GDP 2018 Among the municipalities with the highest GDP, in contrast with those mentioned above where industrial activity predominates, the Services industry had the greatest weight in the municipalities of Loiu and Derio, accounting for 71.4% in the case of Loiu, owing to the due to services related to airport activity, and 83.4% in the case of Derio, where Professional Activities and Information and Communication services held considerable weight. Service activities predominated in the three Basque capitals, as in the three Provinces as a whole With regard to the capitals, in 2018 San Sebastián showed the highest relative index position in respect of the GDP per capita of the Basque Country (119), that is, its GDP per capita is 19.0% higher than the Basque Country average. Vitoria-Gasteiz had an index of 103 and Bilbao stood at the Basque Country average, with an index of 100. Services activities predominate in the three Basque capitals, principally Property Activities, Hotel Management & Catering and the services offered by the Public Administrations. The Services sector accounts for around 90.0% of total economic activity in both Bilbao (90,8%) and San Sebastián (88.6%), while it is somewhat lower in Vitoria- Gasteiz, at 68.3%. Distribution (%) Industry and Services sectors in the provinces and their capitals. 2018 INDUSTRY AND ENERGY SERVICES 100,0% 90,8% 88,6% 90,0% 80,0% 74,3% 68,3% 70,0% 65,4% 61,1% 60,0% 50,0% 40,0% 32,3% 30,0% 26,5% 27,8% 19,1% 20,0% 10,0% 4,1% 4,7% 0,0% ARBA/ÁLAVA Vitoria-Gasteiz BIZKAIA Bilbao GIPUZKOA Donostia / San Sebastián Source: Eustat. Municipal GDP In Vitoria-Gasteiz, the weight of the Industrial sector is noteworthy (26.5%) compared to the other two provincial capitals, and is higher even than the Basque Country average (24.1%). The weight of the Industrial sector in Vitoria-Gasteiz is principally due to the Automotive Industry and the manufacture of Rubber Products. However, the industrial sector registered a lower weight in both San Sebastián (4.7%) and Bilbao (4.1%). Page 2 of 3 EUSKAL ESTATISTIKA ERAKUNDEA BASQUE STATISTICS INSTITUTE MUNICIPAL GDP 2018 The regions with the highest values of GDP per capita are located in the province of Álava By regions, the province of Álava contained the three regions with the highest GDP per capita in the Basque Country. Rioja Alavesa came first with GDP per capita of 65,495 euros. Within this region, whose GDP per capita stood above the Basque Country average at 86.1%, the municipalities of Laguardia, Villabuena de Álava, Samaniego and Elciego stood out, all of whose industrial activity was linked to the wine sector. The regions of Añana and Estribaciones del Gorbea fill the rest of the first three places, with GDP per capita of 51,510 and 48,531 euros, respectively. Like in Rioja Alavesa, more than 55.0% of Value Added in both regions came from industrial activities. In fourth and fifth place were the region of Duranguesado in Bizkaia, with GDP per capita of 41,809 euros, and Alto Deba in Gipuzkoa, 39,176 euros, both with an equal distribution between industrial and services activities. Furthermore, the regions where services activities predominated were Gran Bilbao (79.1% of its GVA was from services), Donostialdea (77.5%), Bajo Bidasoa (74.3%) and Encartaciones (73.3%), all above the Basque Country, where services accounted for 69.2% in 2018. insertaHC_1985 Methodological note: For a better interpretation of these data, a distinction must be made between Municipal GDP and Municipal Income; GDP is connected to production, to wealth generation, and is concentrated in municipalities with important productive establishments. Income, on the other hand, is related to individuals and their place of residence. For further information: Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: [email protected] Tel: 945 01 75 62 Page 3 of 3 .
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