Madrid is the capital of Spain and the Community of Madrid.
Also known as Villa and Corte, it is the most populated in the country with 3,207,247 inhabitants—to 2013—and including the metropolitan area the figure reaches 6,543,031 inhabitants. It is the fourth largest metropolitan area (behind Paris, London, and the Ruhr Region) and the third most populated in the European Union (behind Berlin and London).
In 2003 Madrid had a GDP of 79.785 billion euros, making up 10% of national income.
Of the city's economic sectors, the most important is tertiary or services, which represents 85.09% of its economy.
Within this sector, financial services account for 31.91% of total GDP, and commercial activities for 31.84%.
The rest of the GDP comes from the industry (8.96%) and the construction sector (5.93%).
Agriculture makes up barely 0.03% of the total GDP.
It is the biggest business center in Spain. In 2008, 72% of the two thousand biggest companies in Spain were headquartered in Madrid.
Today, 50.1% of the income of the top five thousand Spanish companies is generated by those with headquarters in Madrid, which are 31.8% of them.
Export of yellow fin tuna, octopus, shrimp, asparagus, chickpeas, avocados, mangoes, pineapples, fresh bananas, citrus fruits such as lemon and grapefruit, strawberries, raspberries, blackberries and coffee, alcoholic beverages, and spirits.
Projects for the high-tech greenhouse cultivation of fruits and vegetables and food industrialization processes (packaging, canning, etc.).
Export of materials and components, spare parts.
Export of software and e-learning programs (training for SMBs).
Internationalization: Constitution of production and commercial companies (Mexico-Spain).
Export of cosmetics and soaps, pads, tampons, baby diapers.
Export of textile, leather, and footwear related products.
Hotel construction, development, and operation projects.
Mature Sectors of Investment
Mature Sectors of Trade
Erika Salazar Sugich
Address: Carrera San Jerónimo 46, 2nd Floor, Plaza Mayor, Madrid, Zip code: 28014, España