Catalan industry represents 20.7% of Catalonia's gross value-added (according to data from Idescat), which now surpasses the European Commission's objective of 20% by 2020. Industry in the region is diversified, with food and beverage, motor vehicles, chemical products, pharmaceuticals, and telecommunications the main industries.
Traditional manufacturing industries, along with emerging industries and industry-related services (such as ICT, finance, healthcare and logistics) currently represent 50% of Catalan GDP.
The number of companies headquartered in Catalonia was up in 2018 for the fourth consecutive year, to 618,366 (according to data from the INE). This drive and diversification translate into a broad network of suppliers ready to operate in any area of business. Moreover, an excellent educational system in Catalonia guarantees a highly qualified national and international workforce.