Industry Economy of Madrid

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telefónica district in madrid


industry still forms significant sector, contributing 7.5% madrid s value-added in 2010. however, industry has declined within city boundaries more industry has moved outward periphery, south/south-eastern arc. city contains 37% (by value) of industry in region. industrial gross value added grew 4.3% in period 2003-2005, decreased 10% during 2008-2010.


the total gdp industry in 2010 €8,497m. leading industries were: paper, printing & publishing, 28.8%; energy & mining, 19.7%; vehicles & transport equipment, 12.9%; electrical , electronic, 10.3%; foodstuffs, 9.6%; clothing, footwear & textiles, 8.3%; chemical, 7.9%; industrial machinery, 7.3%.


madrid retains advantages in infrastructure, transport hub, , location of headquarters of many companies. industries based on advanced technology acquiring more importance here in rest of spain.








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