madeira (por) Capital: funchal Pos.: Surface: 828 Kmq Population 2020: 254.000 Pop. density: 306,76 in./Kmq Pop. growth 12ys:  -2,31 % GDP per capita: 24.571 $ Nominal GDP 2020: 6,241 billions $ PPP per capita: n.d. GDP PPP 2020: n.d. Internet TLD:  PT
It is one of two autonomous regions of Portugal, the other being the Azores. It is an archipelago situated in the North Atlantic Ocean, in a region known as Macaronesia, just under 400 kilometres (250 mi) to the north of the Canary Islands and 520 kilometres (320 mi) west of the Kingdom of Morocco. Madeira is geologically located on the African Tectonic Plate, notwithstanding being culturally, sociologically, economically and politically European as it is its southern archipelago neighbor Economy: The setting-up of a free trade zone, also known as the Madeira International Business Center (MIBC) has led to the installation, under more favorable conditions, of infrastructure, production shops and essential services for small and medium-sized  industrial enterprises. The MIBC comprises presently three sectors of investment: the Industrial Free Trade Zone, the International Shipping Register – MAR and the International Services. Madeira's tax regime has been approved by the European Commission
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