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December 19, 2019

BBVA-DiGiX: A digitization tracking for the Spanish regions

The Digitization Index (DiGiX) assesses the infrastructure, the level of adoption, and the institutional and market conditions that allow a country or region to take full advantage of information and communication technologies. It includes 17 Spanish regions and 99 countries, with comparable information available for 2019.

November 27, 2019

Madrid Economic Outlook. Second half 2019

The economy of Madrid grew by 3.7% in 2018 and will advance by 2.6% in 2019 and 2.2% in 2020. Some 128,000 jobs will be created in the biennium, although the risks are numerous and some of them are more likely now. Employment will exceed pre-crisis levels by 1% by the end of the biennium

March 6, 2019

Madrid Economic Outlook. First half 2019

The economy of Madrid grew 3.1% in 2018 and will grow 2.8% in 2019 and 2.3% in 2020. This will add around 100,000 new jobs in the period and unemployment shall drop to 10.8%. Although pre-crisis GDP per capita will be recovered, creating more and better jobs remains as a challenge. However, measures must be promoted so that…

November 14, 2018

Madrid Economic Outlook. Second half 2018

The economy of the Community of Madrid grew 3.4% in 2017 and will moderate its rate of growth up to 3.2% in 2018 and 2.6% in 2019. Unemployment will be reduced to 11.4% in 2019, but some risks are more likely now than a few months ago. Once the GDP per capita has returned to its pre-crisis level, the challenge is to reach 2…

June 13, 2018

Madrid Economic Outlook. First half 2018

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.

November 15, 2017

Madrid Economic Outlook. Second half 2017

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 challe…

June 7, 2017

Madrid Economic Outlook. First half 2017

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.

November 22, 2016

Madrid Economic Outlook. Second half 2016

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.