Madrid, Spain's capital and largest metro area (6.7M), drives the national economy through a diversified, high-value service base.
| Sector | Key Details |
|---|---|
| Financial & Business Services | Banking (Santander, BBVA HQs), insurance, fintech, stock exchange (BME), professional services. 22% of Madrid GDP. |
| Public Administration | Central government, ministries, regulatory bodies, EU agencies (EBA, EMA relocated). Major employer. |
| Digital & Tech | Telefónica, Indra, startups (Jobandtalent, Cabify), data centers, AI hub (Madrid Tech City). 8% workforce. |
| Tourism & Hospitality | 10M+ annual visitors; museums (Prado, Reina Sofía), Royal Palace, Bernabéu, IFEMA (FITUR). 12% employment. |
| Real Estate & Construction | Prime office (AZCA, Cuatro Torres), logistics parks, residential renovation. Cyclical but structural demand. |
| Healthcare & Life Sciences | Top hospitals (La Paz, Gregorio Marañón), pharma R&D (Rovi, Grifols), clinical trials hub. |
| Education & Research | Complutense, Autónoma, Carlos III, IE, ESIC; CSIC institutes; 200k+ students. |
| Transport & Logistics | Barajas (Europe's #5 airport), AVE high-speed rail hub, dry ports, last-mile delivery clusters. |
| Creative & Media | Mediaset, Atresmedia, PRISA, publishing, advertising, gaming, film (ECAM). |
| Advanced Manufacturing | Airbus (Getafe), automotive (Nissan legacy, EV startups), defense, pharma manufacturing. |
Central location, radial transport, talent magnet, institutional density, bilingual workforce – makes Madrid the natural HQ for Iberia/LatAm operations.