page_title: Economy of Póvoa de Varzim
hierarchical_section_title: Economy of Póvoa de Varzim
caption_attribution_description: English: Headquarters of P.Varzim, V.Conde, Esposende CA Bank in Povoa de Varzim
context_page_description: The economy of Póvoa de Varzim in Portugal is driven by tourism, manufacturing, construction, fishing, and agro-business. During the 2001 census, 1770 companies are headquartered in Póvoa de Varzim, of which 2.82% were of the primary sector, 33.73% of the secondary and 63.45% of the tertiary. Despite its weight in Greater Porto international trade is weak, in 2004 it represented 1.1% of departures and 0.9% of arrivals, its coverage rate of arrivals against departures suppressed the 100% mark. The activity rate had grown from 48% to 51.1% from 1991 to 2001, but there were 3353 citizens unemployed in June 2006.
context_section_description: The economy of Póvoa de Varzim in Portugal is driven by tourism (namely gambling, hotels and restaurants), manufacturing, construction, fishing, and agro-business. During the 2001 census, 1770 companies are headquartered in Póvoa de Varzim, of which 2.82% were of the primary sector, 33.73% of the secondary and 63.45% of the tertiary. Despite its weight in Greater Porto international trade is weak, in 2004 it represented 1.1% of departures and 0.9% of arrivals, its coverage rate of arrivals against departures suppressed the 100% mark. The activity rate had grown from 48% to 51.1% from 1991 to 2001, but there were 3353 citizens unemployed in June 2006.
caption: Headquarters of the CA bank of Póvoa de Varzim, Vila do Conde, and Esposende. A co-operative retail bank.
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