Compared to the previous year, all regions in mainland Portugal increased their GDP by between 5 percentage and 7 percentage, with the exception of the Centre region. On the islands, the highlight goes to the Autonomous Region of Madeira, where GDP grew by 8 percent. In the Autonomous Region of the Azores, the increase was 5 percent.
Data released by Eurostat show that, in 2021, there was an increase in GDP in all regions of the European Union (EU), except three: the Belgian province of Walloon Brabant (where there was a drop of 2.4 percent, the French region of Mayotte (a decrease of 0.7 percent) and the Austrian region of Tyrol (a drop of 0.2 percent of GDP).
In the Portuguese regions (considering only mainland Portugal), the one where GDP increased the most in 2021 was the Alentejo (an increase of 6.8 percent compared to 2020). This was followed by Área Metropolitana de Lisboa (AML) and the Algarve (both with an increase of 5.6 percentage), the North region (5.4 percent) and the Centre (4.8 percent).
The European statistics office points out that, as of 2019, with the Covid-19 pandemic, all EU regions were heavily affected, especially with regard to economic and social indicators. For this reason, the volume of GDP growth recorded in 2021 is, in many cases, inversely proportional to the declines recorded in 2020.
Lower Alentejo is abyssal in terms of development, it's a total shame.
By Diogo F. from Lisbon on 21 Feb 2023, 21:24