Economy of Abruzzo

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Campotosto Lake

Over the years, Abruzzo has become the most industrialized region of southern Italy[1] and has had significant improvements and growth also at an economic level; the region has reached and surpassed many Italian regions in the specialization of the various industrial sectors and today it is the richest of the regions of Southern Italy.[2][circular reference][3]

General features

Giulianova seaside

Since the 1950s and 60s

tertiary sector
, services and finally tourism.

The Abruzzo economy has undergone strong transformations since 1950, the year in which great economic and social progress began, with a consequent progressive increase in GDP; in 1951 the per capita income was 53%; in 1971 of 65%, while in 1994 it was 76%; in 2006 it reached 84.4 giving Abruzzo the highest GDP per capita in Southern Italy,[4] which has exceeded the growth rate of any other region of Italy; the construction of the main motorways (Autostrada A24) and (Autostrada A25) which opened the region to new investments, and many companies and multinationals have established their industries in various locations in the region.

According to Eurostat in 2009 Abruzzo had a per capita income at purchasing power parity equal to 84.0% of the European Union average, the highest income among the regions of Southern Italy; the poorest Italian regions were

Autonomous Province of Bolzano
with 148% and Valle d'Aosta and Lombardy with 133%.

As regards employment, at the end of 2019, Abruzzo workers were estimated at 520,900.[5] At the end of 2020, however, the unemployment rate had risen to 9.3%, however one of among lower of the regions of Southern Italy.[6] Abruzzo is the 16th most productive region in the country, and is the 13th for GRP per capita among Italians region.[3][7]

Agriculture

See also:
Saffron of l'Aquila, and Liquorice of Atri
Centerba
, typical liquor of Abruzzo

Once the primary economic resource of the region, agriculture with its economic and industrial development has undergone a significant downsizing; in spite of this and the geology of the mainly mountainous territory not very suitable for certain types of crops, the region, also thanks to economic and industrial development, is today still able to offer various products of the highest quality; in the flat and hilly areas of the region numerous crops are grown such as

saffron[8] and licorice.[9]

One of the best known and exported Abruzzo products in the world: Montepulciano d'Abruzzo wine

As for the figures, the region produces about 850,000 quintals of fruit, 5 million quintals of vegetables, 1,600,000 quintals of potatoes, 5,000,000 quintals of grapes produced, both for table and for the production of wine; the latter is estimated at between 3 and 4 million hectoliters with the production of wines such as

Gentian is another liquor product of Abruzzo.[15]

Breeding

See also: Transumanza and Transhumance

In addition to agriculture, before economic and industrial development the regional economy was also based on livestock; the latter was widely practiced using the technique of transhumance towards the Roman countryside and the Tavoliere delle Puglie; today the breeding techniques have changed and permanent breeding in sheepfolds is preferred; even today the region has a good heritage of sheep, while bovino farming is spreading more and more.[16]

Fishing

See also: Trabocchi Coast and Trabucco
Trabocco in Pescara

Fishing (albeit to a lesser extent) was also one of the most important economic activities in the region, especially for some coastal centers; in the past it was practiced with ancient wooden fishing boats called Trabocchi

Emilia Romagna
by number of tons caught, with a 5.5% share of the national total and a revenue of approximately 51 million euros overall, equal to 3.8% of the national total.

Industry

See also: Laboratori Nazionali del Gran Sasso, Fucino Space Centre, Sevel, and De Cecco
De Cecco factory in Fara San Martino

Between the 1960s and 1970s the region underwent considerable industrialization, so much so that it became the most industrialized region in the south of Italy, with an industrialization rate of 83.9%, more than double the southern average; the industry has developed in the

crafts, and textiles. The province of Teramo is one of the most industrialized areas of Italy and of the region, with numerous small and medium-sized companies,[18] then follows the province of Chieti and that of Pescara, which is also supported by tourism; the Val Vibrata (province of Teramo), on the border with the Marche region, is home to a myriad of small and medium-sized enterprises, especially in the textile and footwear sectors. The Val di Sangro (province of Chieti), on the other hand, is home to important multinationals and a factory belonging to the Fiat (Sevel) group. The area of Valle Peligna (province of L'Aquila) is also home to industries (the famous one of Sulmona sugared almonds), while other areas such as Pescara and Theatine are home to numerous industries, including multinationals (for example De Cecco, Procter & Gamble, Monti & Ambrosini Editori, Brioni, Ennedue and Miss Sixty
, mostly concentrated in the industrial district of Val Pescara in the province of Chieti).

Telescopic parabolic antennas in Fucino of the Fucino Space Centre

Also important is the production of

research in fields of pharmaceutical, biomedicine, electronics, and nuclear physics (Laboratori Nazionali del Gran Sasso[19]); the most important industrial centers in the province of L'Aquila are concentrated in Marsica or in the city of Avezzano where there are high-tech industries (LFoundry-Smic, Micron, Telespazio), Burgo cartiere and processing industries of agricultural products and around the industrial centers of L'Aquila and Sulmona
; the inland mountain areas are the least developed in the region but are nevertheless supported by the development of mountain and winter tourism.

Crafts

Not to be overlooked is

stone, wood and wool; the main production centers are Pescocostanzo, Scanno (lace and fabrics), Castelli
(ceramics), Guardiagrele, Pescocostanzo, Scanno, Sulmona and Giulianova (gold), Guardiagrele, Pescocostanzo, Lanciano, Ortona, Vasto, Tossicia and Scanno (copper and iron), Giulianova, Teramo and L'Aquila (musical instruments), Lettomanoppello, Pretoro, Pennapiedimonte and Pacentro (stone), L'Aquila (leather).[20]

Tourism

Gran Sasso e Monti della Laga National Park
See also: Tourism in Abruzzo

With the economic and industrial development, also the tourism sector in the region has had considerable development and today it is one of the main sectors of the Abruzzo economy.[21] Tourism in Abruzzo has seen a notable growth with thousands of visitors arriving from all over Italy and also from Europe itself; in 2020, arrivals were 1,069,867 tourists.[22] Tourism in Abruzzo can be classified into three different types of tourism; mountain and environmental tourism, coastal and seaside tourism and finally historical-religious and cultural tourism.

Santa Maria di Collemaggio

Very popular with visitors from all over Italy and Europe the natural parks of the

Campotosto Lake[29] and Lago di Scanno[30]
).

In the inland mountain areas there are the ski resorts of

dog sledding
.

Ortona Beach

Also of considerable importance is the summer coastal and seaside tourism, which sees the presence of numerous tourist bathing establishments equipped in various centers of the coast such as

Silvi Marina and the Trabocchi Coast.[49][50]

Finally, tourism for historical and cultural purposes is also important, concentrated above all in the cities of Chieti, Teramo, Vasto, Giulianova, Sulmona, and above all L'Aquila which can boast many monuments, museums, castles and churches (St. Gabriel's shrine[51] and Santa Maria di Collemaggio[52]) of national importance; also Pescara despite being a modern city, boasts monuments, churches and museums of historical importance such as the Birthplace of Gabriele D'Annunzio Museum.[53] In the inland mountain areas there are ancient villages, castles, hermitages, sanctuaries abbeys, and ancient churches.[54][55]

References

  1. ^ "Archived copy" (PDF). www.eib.org. Archived from the original (PDF) on 27 March 2009. Retrieved 5 February 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ "List of Italian regions by GRP per capita".
  3. ^ a b "Regional GDP per capita ranged from 30% to 263% of the EU average in 2018". eyropa.eu.
  4. ^ "Bank of Italy – No. 15 – Economic developments in Abruzzo". 1 February 2014. Archived from the original on 1 February 2014.
  5. ^ "Abruzzo Employment, 2000-2021 - knoema.com". Knoema.
  6. ^ "Data services – Eurostat".
  7. ^ List of Italian regions by GDP
  8. ^ "L'Aquila Saffron: The red gold". 26 February 2014.
  9. ^ "Black Gold of Atri".
  10. ^ Olive oil – Wikipedia.
  11. ^ "Olio di oliva".
  12. ^ "Liquorice: All Sorts in Abruzzo". 22 May 2011.
  13. ^ Italy By Matthew Evans p.100
  14. ^ Style and social identities: alternative approaches to linguistic heterogeneity By Peter Auer p.74
  15. ^ "Tradizioni d'Abruzzo: Il liquore di genziana". 18 January 2018.
  16. ^ Delicious Italy Team. "The Transumanza in Abruzzo". www.deliciousitaly.com.
  17. ^ "La Costa dei Trabocchi: Discovering Abruzzo's Fishing Tradition".
  18. ^ archive/ilcentro/2008/ 02/04 / CR2PO_CR201.html Abruzzo, the number of companies grows – the Center since 2003.it »Search <! - Automatically generated title ->
  19. ^ Annual report 2011 lngs.infn.it
  20. ^ "Abruzzo – Itineraries – Journey to Abruzzo – Craft centres". www.fromitaly.it.
  21. ^ "Abruzzo | Italia.it (English)".
  22. ^ "Abruzzo Number of arrivals, 1990-2021 - knoema.com". Knoema.
  23. ^ "Abruzzo, Lazio and Molise National Park | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  24. ^ "Gran Sasso and Laga Mountains National Park | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  25. ^ "Majella National park | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  26. ^ "Sirente Velino Park | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  27. ^ "Riserve Naturali | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio". Archived from the original on 17 March 2023. Retrieved 3 February 2022.
  28. ^ "Laghi | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio". Archived from the original on 17 March 2023. Retrieved 3 February 2022.
  29. ^ "Riserva Naturale Lago di Campotosto – Campotosto (AQ) | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio". Archived from the original on 29 March 2023. Retrieved 3 February 2022.
  30. ^ "Lago di Scanno (AQ) | Regione Abruzzo | Dipartimento Sviluppo Economico – Turismo". Archived from the original on 17 March 2023. Retrieved 3 February 2022.
  31. ^ "Scanno Monte Rotondo | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  32. ^ "Ovindoli | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  33. ^ "Pescasseroli | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  34. ^ "Marsia di Tagliacozzo | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  35. ^ "Roccaraso | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  36. ^ "Campo Imperatore | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  37. ^ "Campo Felice | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  38. ^ "Pescocostanzo | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  39. ^ "Prati di Tivo | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".,
  40. ^ "La Maielletta | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  41. ^ "Prato Selva | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  42. ^ "Campo Rotondo di Cappadocia | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  43. ^ "Campo di Giove | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  44. ^ "Passo San Leonardo | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  45. ^ "Passo Godi | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  46. ^ "Pizzoferrato | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  47. ^ "Gamberale | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  48. ^ "Montagna Invernale | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio". www.abruzzoturismo.it.
  49. ^ "Mare | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  50. ^ "Costa dei trabocchi | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio".
  51. ^ "Santuario di San Gabriele dell'Addolorata – Isola del Gran Sasso (TE) | Regione Abruzzo | Dipartimento Sviluppo Economico – Turismo". Archived from the original on 17 March 2023. Retrieved 5 February 2022.
  52. ^ "Archived copy". www.abruzzoheritage.com. Archived from the original on 8 March 2005. Retrieved 22 February 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  53. ^ "Museo Casa Natale di Gabriele d'Annunzio – Pescara | Regione Abruzzo | Dipartimento Sviluppo Economico – Turismo". Archived from the original on 17 March 2023. Retrieved 3 February 2022.
  54. ^ "Villages | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio". www.abruzzoturismo.it.
  55. ^ "Art Faith and Culture | Regione Abruzzo – Dipartimento Turismo, Cultura e Paesaggio". www.abruzzoturismo.it.

External links

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