Madrid Economic Outlook. First half 2019

Summary

The economy of Madrid grew 3.1% in 2018 and will grow 2.8% in 2019 and 2.3% in 2020. This will add around 100,000 new jobs in the period and unemployment shall drop to 10.8%. Although pre-crisis GDP per capita will be recovered, creating more and better jobs remains as a challenge. However, measures must be promoted so that the recovery may be inclusive.

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