BASILICATA - Economy
The region's contribution to Italy's gross value added is very low (under 1% in 2000). As the other regions in the south of Italy, the per capita GDP is well below the national average and represents around 73% of the EU average.
The share of gross value added generated by agriculture in the region in 2000 is the highest in the country (6.8%), whereas the industrial sector (27.1%) is below the national average.
Cultivation consists mainly of sowables (especially wheat), which represent 62% of the UAA and 46% of the total land. Potatoes and maize are produced in the mountain areas. Olives and vines are also commonly found. A quality wine called 'Aglianico del Vulture' is produced around Rionero. According to the latest Census of Agriculture, there are large herds of cattle (77 711 heads in 2000).
Among industrial activities, the manufacturing sector contributes to the gross value added of the secondary sector with 64% of the total, while the building sector contributes by 24%. Within the services sector, the main activities in terms of gross value added are business activities, distributive trade, education and public administration. In the last years, new productive sectors have developed: manufacture, transport equipment, furnishing, oil extraction.
Basilicata has many natural attractions but tourism is poorly developed (lack of facilities, inadequate transport facilities).