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Madrid Economic Outlook. First half 2018

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The economy of Madrid grew by 3.4% in 2017, and will continue growing at the same pace in 2018, and 2.7% in 2019. The region will create around 156,000 new jobs by the end of 2019, despite the weakening of some external factors.

Available in Spanish

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Madrid Economic Outlook. Second half 2017

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The economy of Madrid grew by 3.7% in 2016. It will also keep growing by 3.4% in 2017 and by 2.7% in 2018. This will add around 175,000 new jobs in that period and unemployment shall drop to 10.5%. Although GDP and GDP per capita have already recovered pre-crisis levels, creating more and better jobs remain important challenges better jobs remain important challenges.

Available in Spanish

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Madrid Economic Outlook. First half 2017

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The economy of Madrid grew 3.7% in 2016, and will still grow 3.4% in 2017 and 2.9% in 2018. This will add around 135,000 new jobs in that period and unemployment shall drop to 10.4%. Although pre-crisis GDP and GDP per head level have already been recovered, creating more and better jobs remain as challenges.

Available in Spanish

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Madrid Economic Outlook. Second half 2016

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The economy of Madrid will grow about 3.7% in 2016, but will slow down to 2.7% in 2017, creating around 87,000 new jobs from 3T16 to the end of 2017. Internal demand drives the recovery, supported by tourism, especially foreigners’. Creating more and better employment remains as a challenge.

Geographies:Spain Madrid

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Madrid Economic Outlook. First half 2016

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The economy of Madrid will grow 2.9% in 2016 and 3.0% in 2017, creating around 150,000 new jobs during this two-year period. Internal demand drives the recovery, supported by exports, in particular services, although within an environment of greater uncertainty. Creating more and better employment continues to be the challenge.

Available in Spanish

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Madrid Economic Outlook. Second semester 2015

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The recovery of economic activity and job creation in Madrid hit its peak speed in the first half of 2015 and is coming off the pace slightly in the second. The BBVA Research scenario envisages growth of 3.6% in 2015 and 3.1% in 2016, with potential for some 130,000 jobs to be created over the two-year interval.

Available in Spanish

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Madrid Economic Outlook. First half 2015

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Madrid’s economy is building on the growth it embarked on in 2014. BBVA Research forecasts growth of 3.3% in 2015 and 3.1% in 2016. Some 170,000 jobs will be created over this time.

Available in Spanish

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Madrid Economic Outlook. Second half 2014

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Madrid’s growth-path in 2014 is confirmed. The BBVA Research scenario for Madrid forecasts growth of 1.7% in 2014, and an acceleration to 2.5% in 2015, based on both a recovery of domestic demand and an improving performance in external markets.

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Madrid Economic Outlook. 1st Half 2014

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The Madrid region is consolidating the recovery that was starting to appear in the second half of 2013. The dynamic external environment will feed exports and tourism, while the progressive correction of internal imbalances – which are lower than in Spain as a whole – will reduce the negative contribution of domestic demand. However, there are still challenges ahead to ensure a level of growth in productivity and GDP per capita that narrows the gap between this region and the most advanced areas of Europe.

Available in Spanish

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