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| Tourism |
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Tourism is an important sector in the region's economy since it
contributes 20% to the region's GDP, providing support throughout the
year for commercial, transport and other activities and constituting a
significant market for local products. The share in Gross Value Added
of hotels and restaurants (9%) also highlights this phenomenon. The
island of Porto Santo,
with its 9 km long beach and its climate, is totally devoted to
tourism.
Tourism is an important sector in the region's economy since it contributes 20% to the region's GDP, providing support throughout the year for commercial, transport and other activities and constituting a significant market for local products. The share in Gross Value Added of hotels and restaurants (9%) also highlights this phenomenon. The island of Porto Santo,
with its 9 km long beach and its climate, is totally devoted to
tourism. Over the past decade it has recorded a substantial increase in
its hotel accommodation capacity. The Madeira has considerable potential since the necessary infrastructure has been established and adequate investment incentives introduced for expanding its hotel and catering structure in a controlled manner, without disturbing the socio-economic and environmental balance, and without neglecting the conservation of its nature, which is one of tourists' main reasons for visiting Madeira. Visitors are from the European Union, with Germany, United Kingdom, Scandinavia and Portuguese tourists providing the main contingents. The average annual occupancy rate was 57.4% in 2001, reaching its maximum in March and April, when it exceeds 70%. |
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| Capital (and largest city) |
Funchal 32°39′N, 16°55′W |
|
| Official languages | Portuguese | |
|---|---|---|
| Government | Autonomous region | |
| - | President | Alberto João Jardim |
| Establishment | ||
| - | Settled | 1420 |
| - | Autonomy | July 1, 1976 |
| Area | ||
| - | Total | 828 km² (n/a) 320 sq mi |
| Population | ||
| - | 2006 estimate | 245,806 |
| - | Density | 295/km² (n/a) 195/sq mi |
| GDP (PPP) | 2003 estimate | |
| - | Total | €4.6 billion (n/a) |
| - | Per capita | - (n/a) |
| HDI (n/a) | - (n/a) (n/a) | |
| Currency | Euro (€) (EUR) | |
| Time zone | WET | |
| - | Summer (DST) | EST (UTC+1) |
| Internet TLD | .pt | |
| Calling code | +351 spec. +351 291 | |
| 1 | Prior to 2002: Portuguese escudo | |
Contact Us:
00 351 913 591 282
00 351 913 591 282