Investor Presentaiton
The Madrid economy resumes its recovery in an uncertain global context
11,0
Gross Domestic Product
Rates of change in real terms
6,0
3,6
2,9
2,3
2,0
1,0
-4,0
-9,0
-14,0
2018
Gross Domestic Product Community of Madrid
8,0
6,7
6,3
5,7
7,0
6,5
5,5
5,7 5,5
6,0
5,0
4,0
10
5,0
3,0
2,4
2,3
2,0
1,0
0,0
1 2022
0,1
5,0
0,1
IV 2022
Quarter-on-quarter rate of change
Year-on-year rate of change
-10,3.11,3
II 2022
III 2022
2019
2020
2021
Comm. of Madrid
2022
■Spain
Source: IECM. Data adjusted for seasonality
and calendar effect
2022
Source: IECM and INE (CNE)
• In a context driven by inflation and uncertainty, the economy of Madrid maintained
considerable momentum in 2022, mainly in the first six months, with the intensity of growth
becoming more moderate in the second half of the year.
Community of Madrid GDP: +5.7% 2022 vs 2021 (SPAIN: +5.5%)
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