Economy PDF
 
 
Employment figures
 
Total population employed as of 4th quarter 2009: 1,138,900 (source: IGE. Galician Institute of Statistics).
 


 

Source: Galician Institute of Statistics.

 
 
 
 
Unemployment rate: 12.6%
 
 
The mean annual unemployment rate as of 2009 was 12.6%.The highest rate of unemployment is among young people, the population group with the highest level of education. The availability of labour is obvious and is being reinforced by the immigration of descendants of Galician emigrants from Latin America and Europe.
 
 
 
Changes in GDP Galicia / EU
 
An analysis of the tendency over recent years reveals that Galicia, like Spain, is in a process of convergence with the rest of Europe.
 
In the last decade, the mean cumulative interannual growth rate of the GDP stood at 2.20%, a rate of growth above that of the European average.
 
 
   
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Galicia
4.6
3.5
2.3
2.6
3.5
3.4
4.2
4.0
1.7
-3.0
EU
3.9
2.0
1.2
1.3
2.5
2.0
3.2
2.9
0.8
-4.2
 
                                                   EU data for 27 countries. Source IGE. Eurostat.
                        

      


                                            

EU data for 27 countries. Source IGE. Eurostat.

 
 
 
Distribution of Gross Value Added (GVA) for Galicia
        


                         
 

Interannual change in industrial GVA Galicia / Spain

 
 
 
 
2001
2002
2003
2004
2005
2006
2007
2008
2009
Spain
3.2
-0.1
1.2
0.7
1.1
1.9
0.9
-2.1
-14.7
Galicia
1.3
0.9
2.7
0.8
1.8
5.4
2.7
1.5
-15.8
 


Source: INE

 
 
 
 
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