Economy

Explore the economic pulse of Madeira. Get the latest news on key sectors like tourism, agriculture, and industry. Stay updated on business developments, investments, employment trends, and government policies shaping the island's financial landscape.
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La Vie to be Called Plaza Center Madeira

La Vie to be Called Plaza Center Madeira

The shopping center is in the process of its second name change since 2015.

Quantifying Wellbeing: A Statistical Insight Into Madeira

Quantifying Wellbeing: A Statistical Insight Into Madeira

Promising yet revealing numbers from an island that has come a long way.

Madeira Tops 10 Million Overnight Stays in 2023

Madeira Tops 10 Million Overnight Stays in 2023

Tourism is breaking another record, never before has Madeira coped with 10 million overnight stays per year.

Minimum Salary increases to 850 Euro in 2024

Minimum Salary increases to 850 Euro in 2024

The government raises the minimum salary in an effort to alleviate the impact of rising living conditions

Madeira's Economic Rise & Quest for Long-Term Stability

Madeira's Economic Rise & Quest for Long-Term Stability

Madeira's economy is back! Yet, tourism dependency is tightening its grip. Income disparities reflect the need for urgent strategic planning.

Invoicing of Companies Reaches New Heights

Invoicing of Companies Reaches New Heights

In times of economic turmoil, Madeira has set a new record in company invoicing.

Bloco de Esquerda Urges for a People-Centered Regional Budget in 2024

Bloco de Esquerda Urges for a People-Centered Regional Budget in 2024

Madeira's Housing Affordability, Golden Visas, and VAT Rates in Focus as Regional Budget Takes Shape

Madeira's Regional Government Achieves Surplus Balance of 103.4 Million Euros

Madeira's Regional Government Achieves Surplus Balance of 103.4 Million Euros

Madeira's Regional Government made a considerable move forward in its financial standing, with a surplus balance of 103.4 million euros by October 2023.