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Economy & jobs
Statistics · Region
provisional
Gross domestic product in Madrid
2000 – 2024 · 25 data points
1 of 19 · Regions of Spain
Updated Oct 23, 2026
Source: Eurostat, 2000 – 2024
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Overview
6 figures
People
13 figures
Economy
14 figures
Housing
1 figure
Education
5 figures
Tourism
4 figures
Climate
1 figure
Latest value · 2024
€316,193,400,000
+6.8%
since 2023
Regions of Spain · 2024
1 of 19
Place 1 is the highest value.
since 2014
+61%
+4.4% a year on average
share of Spain
19.8%
Spain: €1,594,330,000,000 · 2024
Gross domestic product, 2000 – 2024 Euro
+61% since 2014
€100B
€200B
€300B
€400B
2000
2010
2015
2024
Source: Eurostat, 2000 – 2024
Compared with Gross domestic product · Euro
Source: Eurostat
The series at a glance Madrid · 2000 – 2024
Latest value
€316,193,400,000 · 2024
First value
€113,369,200,000 · 2000
Highest
€316,193,400,000 · 2024
Lowest
€113,369,200,000 · 2000
Average change
+4.4% a year on average
Data points
25
By year
All years · 2000 – 2024
| Year | Madrid | Change | Spain | European Union |
|---|---|---|---|---|
| 2024provisional | €316,193,400,000 | +6.8% | €1.6T | €18T |
| 2023provisional | €295,939,000,000 | +11% | €1.5T | €17T |
| 2022 | €267,171,600,000 | +11% | €1.4T | €16T |
| 2021 | €239,837,000,000 | +8.5% | €1.2T | €15T |
| 2020 | €221,061,900,000 | −9.4% | €1.1T | €14T |
| 2019 | €243,889,400,000 | +4.3% | €1.3T | €14T |
| 2018 | €233,735,800,000 | +4.2% | €1.2T | €14T |
| 2017 | €224,373,200,000 | +4.6% | €1.2T | €13T |
| 2016 | €214,469,100,000 | +4.0% | €1.1T | €13T |
| 2015 | €206,231,500,000 | +5.2% | €1.1T | €12T |
| 2014 | €196,018,100,000 | +1.4% | €1T | €12T |
| 2013 | €193,344,500,000 | −1.5% | €1T | €12T |
| 2012 | €196,359,700,000 | −1.6% | €1T | €11T |
| 2011 | €199,623,700,000 | +0.7% | €1.1T | €11T |
| 2010 | €198,289,800,000 | −0.5% | €1.1T | €11T |
| 2009 | €199,290,100,000 | −1.3% | €1.1T | €11T |
| 2008 | €201,865,600,000 | +4.0% | €1.1T | €11T |
| 2007 | €194,151,500,000 | +7.3% | €1.1T | €11T |
| 2006 | €180,932,500,000 | +9.2% | €1T | €10T |
| 2005 | €165,662,000,000 | +8.1% | €928B | €9.6T |
| 2004 | €153,296,900,000 | +7.5% | €860B | €9.2T |
| 2003 | €142,555,300,000 | +7.2% | €803B | €8.8T |
| 2002 | €132,944,600,000 | +7.5% | €750B | €8.6T |
| 2001 | €123,638,300,000 | +9.1% | €701B | €8.3T |
| 2000 | €113,369,200,000 | €648B | €7.9T |
Source: Eurostat, 2000 – 2024
Ranking · Regions of Spain
2023 · Place 1 is the highest value.
| # | Territory | Gross domestic product | |
|---|---|---|---|
| 3 | Andalucía | €199B | |
| 10 | Aragón | €47B | |
| 8 | Canarias | €54B | |
| 16 | Cantabria | €17B | |
| 7 | Castilla y León | €70B | |
| 9 | Castilla-La Mancha | €53B | |
| 2 | Cataluña | €283B | |
| 18 | Ciudad de Ceuta | €1.9B | |
| 19 | Ciudad de Melilla | €1.8B | |
| 15 | Comunidad Foral de Navarra | €25B | |
| 1 | Comunidad de Madrid | €296B | |
| 4 | Comunitat Valenciana | €140B | |
| 14 | Extremadura | €25B | |
| 6 | Galicia | €77B | |
| 11 | Illes Balears | €42B | |
| 17 | La Rioja | €10B | |
| 5 | País Vasco | €87B | |
| 13 | Principado de Asturias | €28B | |
| 12 | Región de Murcia | €40B |
Source: Eurostat, 2023
What it means
The total value of goods and services produced here in a year.
How it is calculated
Sum of the value added by all producers at current prices, from regional or national accounts.
Economy & jobs
Madrid in numbers
GDP per person
€44,700
2024
GDP per person (PPP)
$59,868
2025 · Spain
GDP per person, EU = 100
125
2024
Economic growth
2.8%
2025 · Spain
Inflation
2.7%
2025 · Spain
Unemployment rate
8.0%
2025
Youth unemployment
19.3%
2025
Employment rate
77.9%
2025
Labour force participation
57.4%
2025 · Spain
Household income per person
€22,600
2023
At risk of poverty
12.7%
2025
Income inequality (Gini)
33.4
2023 · Spain