Talent / Human Capital

A high concentration of universities, research, development and innovation centres and international business schools provide highly qualified professionals and very competitive labour rates in one of the Europe’s key markets.

DIVERSE AND WELL-TRAINED POPULATION

  • More than 6.7 million inhabitants living in the region.
  • Nearly 30 % of population come from other regions of Spain and another 20% arrive from a wide range of countries, representing over 180 nationalities.
  • 1 % of adult population (between 25 and 64 years) are graduate from higher education.

 

SOURCES: COMUNIDAD DE MADRID, 2019; REDIE, 2019

HIGHLY QUALIFIED PROFESSIONALS AT VERY COMPETITIVE RATES

 

  • Labour force (2019) of 3.5 million people.
  • Madrid has a high rate over the total population (63.4%), above in almost 5 points of the rest of Spain (58.7%).
  • Spain’s labour costs are below 20% the average of European Union and 31% below the average of Euro zone.

 

SOURCE: INE, 2019

OUTSTANDING PUBLIC AND PRIVATE EDUCATION SYSTEM

SOURCES: COMUNIDAD DE MADRID, 2019; COMUNIDAD DE MADRID, 2019

  • Madrid has 764 bilingual education centres which allows more than 318,000 children and young people study in another language, mostly in English.
  • The region has 15 universities (7 public and 8 private) and 15 centres of higher art education.
  • There have been 317,577 students attending higher education in 2019, representing the largest concentration in Spain and one of the highest in Europe.
  • 4 top international business schools that possess the triple Crown accreditation, award achieved by only 1% of business schools around the world.

FAVOURITE DESTINATION FOR FOREIGN STUDENTS

  • Since 2001, Spain is the top destination chosen by Erasmus students, being Madrid the preferred city of Spain.
  • Selected for its wide and diversified range of diplomas (many of them in other languages), for its favourable socio-economic environment, and for its acknowledged opened city status, meeting place and a great living environment for coexistence.