Puglia (Apulia), Italy
Population: 4M+
Area: 19.5K km sq.
Apulia region economy is the 9th regional italian economy with 76.1 billion euro GDP in 2019. The national steady economy of the last years reflects in the Apulian economy too. However, Apulian region had a stable slow increase with +3% GDP in the last 3 years and it stands above Italy average for GDP increase in 2018 (1,4% AR vs 0,8% Italy). Apulia Region economy has a very strong agricultural tradition, which still reflects today with its 3,5% GDP, almost double the Italian average (1,84%). Key agricultural products are: wheat, olive oil (40% of Italy's exports) and vegetables. These products are crucial in the Apulian export balance, which accounts +11% form 2008.
The most important economic sector is the service sector, which counts for 24,3% of GDP, almost 5% higher than the Italian average. The innovation, ICT and research services are crucial in the regional economic ecosystem. Innovation and research application sectors spread widely, some of them: healthcare, materials, robotics, agritech, industry 4.0 and culture. Among the most important innovation sectors is Aerospace, which is a regional and national excellence, providing innovation for: ratory and wings, fixed-wings aircraft, interior aircraft, space software and remote trackin systems and space software. It is the case of the agreement i 2019 between Virgin Galactic and Angel Group, an innovation based Apulian holding, for Italy-Us space cooperation on suborbital flights.
The climate is typically Mediterranean. The region is characterized by hot, dry and sunny summers and mild, rainy winters; snowfall is rare. Apulia is among the hottest and driest regions of Italy in summer with temperatures reaching up to and above 40 °C in Lecce and Foggia. As for the winter, it can reach -2°C/-3°C.
As for economy of the region, Apulia is the one among southern regions that has recorded the best trend in recent years. According to ISTAT data, GDP growth rate of Apulia is +1.8%, while Italy as a whole shows +1.5% of growth and its southern part +0.7%. The GDP at market prices per inhabitant shows a growth rate of + 3.9% in Apulia region, while on the national level it is + 3.0%, and + 2.6% in Southern part of Italy.
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