Economy
According to 2008 IBGE statistics, the GDP was at R$ 22,452,492,000. And the GDP per capita was at R$ 14,485.
Recife is one of Brazil's prime business centers, largely because it has one International Airport and two International ports. One is located in the town itself, and the other, the port of Suape, is located about 40 kilometres (25 mi) away. Just south of Recife is the region's main industrial area, where the following industries can be found: brewing and canning, automotive electronics, tube manufacturing, chocolate manufacturing, textiles, etc.
Recife has shared in the prosperity of Northeastern Brazil that resulted from development promoted after 1960 by Sudene (SuperintendĂȘncia para o Desenvolvimento do Nordeste), a federal organization. Although its retail and wholesale trade have grown in response to the region's increases in population and wealth, the market area and the walkways of the city's bridges are crowded with vendors selling small items.
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“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
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