Searcher

Madrid

Madrid latest publications

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.

June 8, 2016

Madrid Economic Outlook. First half 2016

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 challe…

November 17, 2015

Madrid Economic Outlook. Second semester 2015

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.