Vigo's economy is significant to the total GDP of Galicia.
Vigo is the most important city and leading industrial area in Galicia. The city has automotive manufacturing plants, shipyards and auxiliary industry. PSA Peugeot Citroen (PSA) is a French automobile and motorcycle manufacturer company with its headquarters in Vigo. In 2003 the company produced 473,000 vehicles, out of which, most of the vehicles sold outside Spain.
Port of Vigo is one of the largest fishing ports in Europe and one of the busiest in transportation, and home to one of the world's largest fishing companies, Pescanova. It is the base for the big fishing companies, which have a prominent presence in Namibia, South Africa, Mozambique, Australia, Argentina, the Falkland Islands, Chile, and Peru.
Nowadays, tourism is one of the booming industries in Vigo. Every year millions of tourists visit Vigo.
Vigo is the most populated city in Galicia and provides the majority of Galicia's total GDP, making it an important city in the northwestern region of Spain.