Historically, Galdácano’s economy was rooted in agriculture and livestock farming, but the industrial revolution in the late 19th and early 20th centuries brought significant changes. Mining, manufacturing, and the production of goods such as iron and steel became key economic drivers, transforming the town into an industrial center. Today, while the town has evolved, manufacturing remains a key component of its economy, alongside newer industries such as technology and renewable energy.
Tourism is also an increasingly important sector, with Galdácano benefiting from its proximity to Bilbao and the growing interest in Basque culture. The region’s focus on sustainability has led to the development of eco-friendly businesses, local craft industries, and agricultural cooperatives, which produce high-quality products like txakoli wine and artisanal cheeses.
Local markets in Galdácano often feature handmade crafts and agricultural products, providing visitors with an authentic shopping experience. These businesses offer unique souvenirs that reflect the Basque region’s rich cultural and economic heritage.