This section presents some figures which help us to measure the socio-economic situation in Basque Country.
34%
Between 1995 and 2007, Araba, Bizkaia and Gipuzkoa were
the main suppliers and the main customers for the Navarre
economy. In this way, the average purchasing volume
from the three provinces in Navarre was 25.3% and sales
stood at 34% during the aforementioned period. We have
seen several changes however as on the one hand quotas
have fallen, both for sales and purchasing between 2003
and 2007, although the volume of purchasing from the Navarre
economy in Araba, Gipuzkoa and Bizkaia improved
slightly in the period 2005-2007, but not the sales.
Source: www.c-intereg.es.
-22.2%
In the South Basque Country, the industrial production
rate dropped 22.2% in Navarre and 20.9% in Araba, Bizkaia
and Gipuzkoa between 2008 and 2009. Diminishing
industrial activity has been similar throughout the South
Basque Country but if we compare this data to figures
from December 2008, comparing the monthly rate, production
rose 14.5% in Navarre in December 2009 whilst
it dropped 2.7% in Araba, Bizkaia and Gipuzkoa.
Source: EUSTAT,INE.
23.17%
In 2008, the business investment in the Basque Country was
23.17% of GDP, similar to Japan. Since 2000, business investment
has dropped 2.53% in the Basque Country. The EU evolution has
also been downwards in the 00-08 period, standing at an average
of 21.09% for 2008. Investment in the USA was 18.47%.
Source: EUROSTAT.
80
In 2009, the number of deaths in work-related accidents in the
Basque Country stood at 80 workers. The number of deaths in
work-related accidents has dropped over the last three years.
Between 2007 and 2008, there were 10.4% less deaths in the Basque
Country, dropping from 125 to 112. On the other hand, from
2008 to 2009 the number of deaths due to work-related accidents
in the Basque Country dropped 28.6%, from 112 to 80.
Source: LAB Trade Union.
125%
BANKOA was the bank with the highest delinquency cover rate
from among all the Basque banks, building societies and loan
cooperatives, with 125% coverage and a low delinquency rate
of 1.59%. It is followed by IPAR KUTXA, with a default cover
rate of 102% and a delinquency rate of 2.24% in September
2009. As far as coverage is concerned, the remaining entities
offered figures between 60 and 95% and whilst their delinquency
rate was between 2.5% and 4%.
Source: Data published by the credit entities, CECA and AEB.
1.79%
In 2008, RTD spending in the Basque Country was 1.79% of GDP, a
long way from the 3% Europe set for 2010, although spending in the
Basque Country has risen from 0.95% to 1.79% in the last 10 years.
Nevertheless, although it is close to the EU-27 average of 1.9%, it is
still a long way off Finland (3.72%), Japan (3.78%) or the USA (2.62%).
Source: EUROSTAT
28.78%
Second homes doubled compared to first
homes in the North Basque Country
between 1999 and 2006. Whilst the number
of first homes grew 12.2%, second homes
rose 28.78% whilst the number of
empty homes dropped 26.27% over these
seven years.
Source: Report Socio-demographic image of
the North Basque Country, Gaindegia.
8.65%
The Basque Country closed 2009
with an unemployment rate of 8.65%
(taking the EUSTAT data as a reference).
There were 4.01% more people
unemployed compared to 2008.
However, considering we are economic
recession, the situation is more
positive than ten years ago, as the
unemployment rate in 1999 was
13.77%.
Source: EUSTAT, INE, INSEE.
15.4%
Among the main Basque ports, the port
of Bayonne reported 15.4% accumulated
traffic growth between 2008 and 2009. In
the South Basque Country, the ports of
Pasajes and Bilbao suffered a 26.62% and
16% drop in traffic in this same period. In
2009, the port of Pasajes recorded
traffic of 3.4 million tonnes and Bayonne
of 4.3 million tonnes. The accumulated
traffic for the port of Bilbao, on the
other hand, easily exceeded the other
two ports, with 29 million tonnes,
although it has suffered a drop of 16% in
the last year.
Source: Port of Pasajes, Port of Bilbao, Bayonne Chamber
of Commerce
7.5%
From 2004 to 2008, the poverty
risk rate dropped 4.16 points
according to the statistics
institutes. 2004. In 2004, 11.66%
of the total population of the
Basque Country was on the
aforementioned threshold, whilst
in 2008 this percentage dropped
to 7.5%. In Finland, the poverty
risk rate dropped one point from
29% to 28%. On the other hand, in
the EU in the period 04-08, this
rate rose from 16% to 17%.
Source: INE, EUROSTAT.
263,876
In 2008 there were 263,876 companies in
the Basque Country, including freelancers.
17,767 new companies have been created
since 2006. 15,967 companies were created
in the 2006-2007 period and 6,421 in 2007-
2008. The industrial sector is the only sector
with negative growth for 07-08 as 89
small companies closed.
Source: EUROSTAT, EUSTAT, NIE, INSEE.
4.4%
On average, public spending on health in the South Basque Country in 2007
was 4.4% of GDP, lower than spending on Cooperation Organisation and
Economic Development 6.5%. Therefore, in 2007, Navarre invested 589.7€
less per inhabitant in health and 647.7€ less in Araba, Bizkaia and Gipuzkoa.
Source: Studies. Report on public health in the Southern Basque Country. January 2010 no. 19. Manu
Robles-Arangiz Foundation.
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