The 2025 Socioeconomic Report, presented on Wednesday, April 22, 2026, underscores Madrid's consolidation as a fundamental pillar for the regional and national economy. The capital, which ranks as the second most populous city in the European Union after Berlin, concentrates 7.1% of the country's population and contributes 12.5% of the national GDP, reaching a volume of 211,324.9 million euros.
The Madrilenian economy maintains a predominantly tertiary profile, accounting for 89.2% of activity in 2025. This sector is characterized by the weight of advanced services, innovation, and, notably, the video game industry. In the employment sector, the city presents an unemployment rate of 6.6%, significantly lower than the 9.9% national average, within a context of continuous improvement in the labor market.
“"Madrid is advancing towards achieving full employment."
As of January 1, 2025, Madrid had 3,527,924 registered inhabitants, an increase of 67,400 people compared to the previous year. The female population is predominant, making up 53.1%, and 80% of residents hold Spanish nationality. These figures place Madrid with double the population of Barcelona and more than four times that of Valencia.
The report also highlights the economic relevance of the capital within the Community of Madrid, contributing 62.8% of the regional GDP. The GDP per capita stands at 58,102 euros, 78% above the national average. In 2025, the Madrilenian economy experienced a growth of 2.9%, maintaining a solid pace despite international uncertainty.
Advanced services, including professional, scientific, technical activities, and the information and communications sector, represent more than 31.7% of the gross added value of the services sector, far exceeding the Spanish average. Industry contributes 6.7% of the economy and construction 4.1%, with an annual growth of 3%.
Madrid's technological ecosystem continues to expand, with 1,613 active companies employing over 29,000 people and generating a combined turnover exceeding 4,000 million euros. More than 76% of the region's tech startups are located in the city, which also leads in company creation within the Community.
A sector with great projection is video games, considered the main exponent of the entertainment industry in the capital. Its direct economic impact exceeds 1,300 million euros and concentrates 23.2% of Spain's development studios. Madrid employs over 6,700 professionals in this field, placing it on par with major European hubs like London or Stockholm.
In the labor sphere, the city closed 2025 with 2.46 million affiliates to Social Security and an activity rate of 63.6%, 4.6 points above the national average. Registered unemployment at the end of March 2026 was 135,488 people, the lowest level for a March since 2008.
Tourism also reached record figures in 2025, with over 11.2 million visitors and nearly 24 million overnight stays. In foreign trade, exports grew by 9.1%, demonstrating the Madrilenian economy's orientation towards high value-added services.
“"The city combines tradition and innovation, highlighting its weight in sectors such as hospitality, leisure, and events, along with its growing presence in technological and strategic areas."
