why Mediterranean region is economically developed
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The Mediterranean region attracts over 340 million visitors every year1, accounting for around a third of all global tourism. Other key economic sectors include fisheries, aquaculture, maritime transport, and oil and gas extraction.
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Economic activity within the Mediterranean area (both on the south and the north) is almost 15% of the world GDP. It is a significant percentage, second only to that of the United States. This confirms the importance of the Mediterranean for the global economy
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