Centre for International Business

Madrid is the economic and financial centre of Spain. The most amount of business that takes place in Spain is in the City of Madrid (over 500,000 companies). One of every five companies created in Spain have their HQ in the City of Madrid.

EXCELLENT BUSINESS ENVIRONMENT

  • Institutional stability
  • Legal security, reliable and transparent framework
  • Long term debt ratings, investment grade in S&P (A-, positive outlook) and Fitch (BBB, stable outlook).

STRONG AND DYNAMIC ECONOMY

 

  • GDP in 2018 over 230 billion Euros
  • Constant Growth: Average annual increase of 3.2% for the last 5 years compared to 2.7% in the rest of Spain and 2% in the European Union
  • Closely linked with the European Union – 27 market comprised of 447 million of consumers

 

SOURCE: EXPANSIÓN, DATOSMACRO 2019

CENTRE FOR INSTITUTIONAL AND BUSINESS HQ

 

  • Public Administration Headquarters: Central Government, Congress of Deputies, Senate and all Ministries
  • It attracts a large number of big companies and professional organizations, both national and foreign
  • The Madrid stock exchange is the fourth most used in Europe and its reference index is IBEX-35

 

SOURCES: DIR, 2018; BROKERONLINE, 2020

LEADER IN ATTRACTING FOREIGN INVESTMENT

  • For 10 years now, Madrid has attracted worthwhile investments, on average making up 60% of total foreign investment each year.
  • It is responsible for bringing in 4,500 subsidiaries of foreign companies into Spain, holds 68% of Spanish stocks, controls 61% of Spanish exports and is home to 30% of the employment generated by these companies
  • Madrid is the 1st city in Spain and 5th city of the European Union as preferred destination for investment by foreign companies.

 

SOURCES: SIFDI, IED 2019; MORI FOUNDATION, GCPI 2019

MADRID-BARAJAS AIRPORT – 5TH BEST IN THE EUROPEAN UNION

 

  • Best airport in Spain and 5th best airport in the EU for passenger traffic (with more than 1,000 daily flights and 53.4 million passengers per year)
  • Connections to more than 70 countries and 188 destinations by direct flight.
  • Chosen by Skytrax 2019, AENA 2020, as the best airport in the 50-60 million-passenger category. Terminal 4 is in the top 10 of the worlds best airports.

 

SOURCES: AENA, 2020; SKYTRAX, 2019

EASY BRIDGE FROM SPAIN AND LATIN AMERICA

  • Very strategic location, shares a common language, Tax treaties, great amount of direct flights there.
  • Spain is the second largest foreign investor in the region after the USA, 210 Billion Euros invested into South America

SOURCE: OFFICIAL AIRLINE GUIDE, 2019

  • Madrid is the most popular city for Latin-American companies to have their European Headquarters in, and vice versa
  • Madrid-Barajas is responsible for 25% of direct flights from Europe to Latin America, higher than any other European airport

LEADING DESTINATION FOR FAIRS AND CONVENTIONS

 

  • Madrid ranks third in the world for holding conventions for international companies (165 in 2018)
  • Recognized as the world’s best destination for meetings and conferences by the “World Travel Awards 2019”
  • Voted one of most attractive cities in the world due to its historic importance, and excellence in art, culture and gastronomy

 

SOURCES: ICCA, 2018; WORLD TRAVEL AWARDS, 2019