Askøy is Hordaland's second largest municipality. The municipality center is Kleppestø. It takes 10 minutes by boat express to Bergen city center from Kleppestø.
Askøy has a varied business sector. The fish distribution industry is well established, and on top of this the municipality also has several boat manufacturers.
In Davanger there are storages, offices, freezing plants, packing centers and a deep water harbor.
The recycle facility Ravnager is also located in Davanger.