Friday, December 31

Madrid

Madrid

Flag

Coat of arms
Motto: «Fui sobre agua edificada,
mis muros de fuego son.
Esta es mi insignia y blasón
»

("On water I was built,
my walls are made of fire.
This is my ensign and escutcheon")
Madrid is located in Spain
Madrid
Location of Madrid within Spain
Madrid is located in Madrid
Madrid
Location of Madrid within the Community of Madrid
Coordinates: 40°23′N 3°43′W
CountrySpain Spain
RegionCommunity of Madrid
FoundedPrehistory
Government
 - TypeMayor-council
 - BodyAyuntamiento de Madrid
 - MayorAlberto Ruiz-Gallardón (PP)
Area
 - Land607 km2 (234.4 sq mi)
 - Metro10,506 km2 (4,057 sq mi)
Elevation667 m (2,188 ft)
Population (2009)
 - City3,255,944
 - Rank1st
 - Density5,375/km2 (13,921.2/sq mi)
 - Metro6,500.000
DemonymMadrileño/a, Matritense
Time zoneCET (UTC+1)
 - Summer (DST)CEST (UTC+2)
Postal code28001 - 28080
Area code(s)34 (Spain) + 91 (Madrid)
Patron SaintsIsidore the Laborer
Virgin of Almudena
Websitewww.munimadrid.es
Madrid (Spanish IPA: [maˈðɾið], English IPA: /məˈdrɪd/) is the capital and largest city of Spain. The population of the city is roughly 3.3 million (as of December 2009); the entire population of the metropolitan area (urban area and suburbs) is calculated to be nearly 6.5 million. It is the third-most populous municipality in the European Union after London and Berlin, and its metropolitan area is the third-most populous in the European Union after Paris and London The city spans a total of 698 km² (234 sq mi).
Madrid is the most touristic city of Spain, ahead of Barcelona, and the fourth-most touristic of the continent. The city is located on the river Manzanares in the centre of both the country and the Community of Madrid (which comprises the city of Madrid, its conurbation and extended suburbs and villages); this community is bordered by the autonomous communities of Castile and León and Castile-La Mancha. As the capital city of Spain, seat of government, and residence of the Spanish monarch, Madrid is also the political center of Spain. The current mayor is Alberto Ruiz-Gallardón from the Popular Party (PP). He has been in office since 2003, when he left the Presidency of the Autonomous Community of Madrid and stood as the candidate to replace outgoing mayor José María Álvarez del Manzano, also from the PP. In the last local elections of 2007, Ruiz-Gallardón increased the PP majority in the City Council to 34 seats out of 57, taking 55.5% of the popular vote and winning in all but two districts.
Madrid urban agglomeration has the 4th largest GDP on the continent amounting 230 billion euro  in 2009. Due to its economic output, high standard of living, and market size, Madrid is considered the major financial centre of Southern Europe and the Iberian Peninsula; it hosts the head offices of the vast majority of the major Spanish companies, as well as the headquarters of three of the world's 100 largest companies (Telefónica, Repsol-YPF, Banco Santander).
Madrid is the 10th most livable city in the world according to Monocle magazine, in its 2010 index.
While Madrid possesses a modern infrastructure, it has preserved the look and feel of many of its historic neighbourhoods and streets. Its landmarks include the Royal Palace of Madrid; the Teatro Real (Royal theatre) with its restored 1850 Opera House; the Buen Retiro park, founded in 1631; the 19th-century National Library building (founded in 1712) containing some of Spain's historical archives; an archaeological museum; and three art museums: Prado Museum, the Museo Nacional Centro de Arte Reina Sofía, a museum of modern art, and the Thyssen-Bornemisza Museum, housed in the renovated Villahermosa Palace.
Madrid has been occupied since pre-historic times,in the Roman era this territory belonged to the diocese of Complutum (present-day Alcalá de Henares). There are archeological remains of a small village during the visigoth epoch.
During the Spanish Golden Age, Madrid knew its ultimate glory; El Escorial, the great royal monastery built by King Philip II of Spain, invited the attention of some of Europe's greatest architects and painters. Diego Velázquez, regarded as one of the most influential painters of European history and a greatly respected artist in his own time, cultivated a relationship with King Philip IV and his chief minister, the Count-Duke of Olivares, leaving us several portraits that demonstrate his style and skill. El Greco, another respected artist from the period, infused Spanish art with the styles of the Italian renaissance and helped create a uniquely Spanish style of painting.
Some of Spain's greatest music is regarded as having been written in the period. Such composers as Tomás Luis de Victoria, Francisco Guerrero, Luis de Milán and Alonso Lobo helped to shape Renaissance music and the styles of counterpoint and polychoral music, and their influence lasted far into the Baroque period which resulted in a revolution of music.
Spanish literature blossomed as well, most famously demonstrated in the work of Miguel de Cervantes, the author of Don Quixote de la Mancha. Spain's most prolific playwright, Lope de Vega, wrote possibly as many as one thousand plays during his lifetime, of which over four hundred survive to the present day. The renowned Renaissance architect Juan de Herrera designed the Plaza Mayor, which was built in the city during the Habsburg period as a central plaza. It is located near another famous plaza, the Puerta del Sol.

Toponym

Monument to Alfonso XII (Buen Retiro Park)
Metrópolis Building
Almudena Cathedral
There are several theories regarding the origin of the name "Madrid". According to legend Madrid was founded by Ocno Bianor (son of King Tyrrhenius of Tuscany and Mantua) and was named "Metragirta" or "Mantua Carpetana". Others contend that the original name of the city was "Ursaria" ("land of bears" in Latin), due to the high number of these animals that were found in the adjacent forests, which, together with the strawberry tree ("madroño" in Spanish), have been the emblem of the city from the Middle Ages.

The most ancient recorded name of the city Magerit (for *Materit or *Mageterit ?) comes from the name of a fortress built on the Manzanares River in the 9th century A.D., and means "Place of abundant water.". If the form is correct, it could be a Celtic place-name from ritu- 'ford' (Old Welsh rit, Welsh rhyd, Old Breton rit, Old Northern French roy) and a first element, that is not clearly identified *mageto derivation of magos 'field' 'plain' (Old Irish mag 'field', Breton ma 'place'), or matu 'bear", that could explain the Latin translation Ursalia.
Nevertheless, it is now commonly believed[citation needed] that the origin of the current name of the city comes from the 2nd century B.C. The Roman Empire established a settlement on the banks of the Manzanares river. The name of this first village was "Matrice" (a reference to the river that crossed the settlement). Following the invasions carried out by the Germanic Sueves and Vandals, as well as the Sarmatic Alans during the 5th century A.D., the Roman Empire no longer had the military presence required to defend its territories on the Iberian Peninsula, and as a consequence, these territories were soon overrun by the Visigoths. The barbarian tribes subsequently took control of "Matrice". In the 7th century the Islamic conquest of the Iberian Peninsula saw the name changed to "Mayrit", from the Arabic term ميرا "Mayra" (referencing water as a "trees" or "giver of life") and the Ibero-Roman suffix "it" that means "place". The modern "Madrid" evolved from the Mozarabic "Matrit", which is still in the Madrilenian gentilic.

 History of Madrid
Middle Ages
Although the site of modern-day Madrid has been occupied since pre-historic times, in the Roman era this territory belonged to the diocese of Complutum (present-day Alcalá de Henares). There are archeological remains of a small village during the visigoth epoch, whose name might have been adopted later by Arabs. The origins of the modern city come from the 9th century, when Muhammad I ordered the construction of a small palace in the same place that is today occupied by the Palacio Real. Around this palace a small citadel, al-Mudaina, was built. Near that palace was the Manzanares, which the Arabs called al-Majrīṭ (Arabic: المجريط, "source of water"). From this came the naming of the site as Majerit, which later evolved into the modern-day spelling of Madrid. The citadel was conquered in 1085 by Christian king Alfonso VI of Leon and Castile in his advance towards Toledo. He reconsecrated the mosque as the church of the Virgin of Almudena (almudin, the garrison's granary). In 1329, the Cortes Generales first assembled in the city to advise Alfonso XI of Castile. Sephardi Jews and Moors continued to live in the city until they were expelled at the end of the 15th century. After troubles and a large fire, Henry III of Castile (1379–1406) rebuilt the city and established himself safely fortified outside its walls in El Pardo. The grand entry of Ferdinand and Isabella to Madrid heralded the end of strife between Castile and Aragon, and an end to the Golden Age of Jews in Spain.

Renaissance

The Crown of Castile, with its capital at Toledo, and the Crown of Aragon, with its capital at Barcelona, were welded into modern Spain by the Catholic Monarchs (Queen Isabella of Castile and King Ferdinand II of Aragon).


Plaza Mayor

Puerta de Alcalá
Snowfall in Madrid is occasional


Though their grandson Charles I of Spain (also known as Charles V, Holy Roman Emperor) favoured Seville, it was Charles' son, Philip II (1527–1598) who moved the court to Madrid in 1561. Although he made no official declaration, the seat of the court was the de facto capital. Seville continued to control commerce with Spain's colonies, but Madrid controlled Seville.
Aside from a brief period, 1601–1606, when Felipe III installed his court in Valladolid, Madrid's fortunes have closely mirrored those of Spain.


Calle de Alcalá
During the Siglo de Oro (Golden Century), in the 16th/17th century, Madrid bore little resemblance to other European capitals, as the population of the city was economically dependent on the business of the court itself, and there was no other significant activity.

From 19th century to present day
In the late 19th century, Isabel II could not suppress the political tension that would lead to yet another revolt, the First Spanish Republic. This was later followed by the return of the monarchy to Madrid, then the creation of the Second Spanish Republic, preceding the Spanish Civil War.
Madrid was one of the most heavily affected cities of Spain in the Civil War (1936–1939). The city was a stronghold of the Republicans from July 1936. Its western suburbs were the scene of an all-out battle in November 1936 and it was during the Civil War that Madrid became the first European city to be bombed by airplanes (Japan was the first to bomb civilians in world history, at Shanghai in 1932) specifically targeting civilians in the history of warfare. (See Siege of Madrid (1936-39)).
During the dictatorship of Francisco Franco, especially during the 1960s, the city experiences unprecedented, extraordinary development in terms of population and wealth, becoming the largest GDP city in Spain (after surpassing Barcelona), and ranking third in Western Europe. The municipality is extended, annexing neighbouring council districts, to achieve the present extension of 607km². The south of Madrid became very industrialized, and there were massive migrations from rural areas of Spain into the city. Madrid's newly built north-western districts became the home of the new thriving middle class that appeared as result of the 1960s Spanish economic boom, while south-eastern periphery became an extensive working class settlement, which was the base for an active cultural and political reform.
After the death of Franco, emerging democratic parties (including those of left-wing and republican ideology) accepted King Juan Carlos I as both Franco's successor and as the heir of the historic dynasty - in order to secure stability and democracy. This led Spain to its current position as a constitutional monarchy, with Madrid as capital.
Benefiting from increasing prosperity in the 1980s and 1990s, the capital city of Spain has consolidated its position as an important economic, cultural, industrial, educational, and technological centre on the European continent.

Climate

The Madrid region features a Continental Mediterranean climate (Köppen Csa) with cold winters due to altitude (650m over the sea level in Alicante) , including sporadic snowfalls and minimum temperatures often below freezing. Summer tends to be hot with temperatures that consistently surpass 30 °C (86 °F) in July and August and rarely above 40 °C (104 °F). Due to Madrid's altitude and dry climate, diurnal ranges are often significant during the summer. Precipitation, though concentrated in the autumn and spring, can be observed throughout the year.
[hide]Climate data for Madrid, Parque del Retiro in the city center
MonthJanFebMarAprMayJunJulAugSepOctNovDecYear
Average high °C (°F)9.7
(49.5)
12.0
(53.6)
15.7
(60.3)
17.5
(63.5)
21.4
(70.5)
26.9
(80.4)
31.2
(88.2)
30.7
(87.3)
26.0
(78.8)
19.0
(66.2)
13.4
(56.1)
10.1
(50.2)
19.4
(66.9)
Daily mean °C (°F)6.2
(43.2)
7.9
(46.2)
10.7
(51.3)
12.4
(54.3)
16.1
(61)
21.0
(69.8)
24.8
(76.6)
24.5
(76.1)
20.5
(68.9)
14.6
(58.3)
9.7
(49.5)
7.0
(44.6)
14.6
(58.3)
Average low °C (°F)2.6
(36.7)
3.7
(38.7)
5.6
(42.1)
7.2
(45)
10.7
(51.3)
15.1
(59.2)
18.4
(65.1)
18.2
(64.8)
15.0
(59)
10.2
(50.4)
6.0
(42.8)
3.8
(38.8)
9.7
(49.5)
Precipitation mm (inches)37
(1.46)
35
(1.38)
26
(1.02)
47
(1.85)
52
(2.05)
25
(0.98)
15
(0.59)
10
(0.39)
28
(1.1)
49
(1.93)
56
(2.2)
56
(2.2)
436
(17.17)
Avg. precipitation days (≥ 1 mm)66578422366763
Sunshine hours1481572142312723103593352611981571242,769
Source: Agencia Estatal de Meteorología

Water supply

Madrid derives almost 50 percent of its water supply from dams and reservoirs built on the Lozoya River, such as the El Atazar Dam.
 Districts of Madrid
Madrid is administratively divided into 21 districts, which are further subdivided into 128 wards (barrios)
Madrid districts. The numbers correspond with the list in the left
Centro: Palacio, Embajadores, Cortes, Justicia, Universidad, Sol.
Arganzuela: Imperial, Acacias, La Chopera, Legazpi, Delicias, Palos de Moguer, Atocha.
Retiro: Pacífico, Adelfas, Estrella, Ibiza, Jerónimos, Niño Jesús.
Salamanca: Recoletos, Goya, Parque de las Avenidas, Fuente del Berro, Guindalera, Lista, Castellana.
Chamartín: El Viso, Prosperidad, Ciudad Jardín, Hispanoamérica, Nueva España, Castilla.
Tetuán: Bellas Vistas, Cuatro Caminos, Castillejos, Almenara, Valdeacederas, Berruguete.
Chamberí: Gaztambide, Arapiles, Trafalgar, Almagro, Vallehermoso, Ríos Rosas.
Fuencarral-El Pardo: El Pardo, Fuentelarreina, Peñagrande, Barrio del Pilar, La Paz, Valverde, Mirasierra, El Goloso.
Moncloa-Aravaca: Casa de Campo, Argüelles, Ciudad Universitaria, Valdezarza, Valdemarín, El Plantío, Aravaca.
Latina: Los Cármenes, Puerta del Ángel, Lucero, Aluche, Las Águilas, Campamento, Cuatro Vientos.
Carabanchel: Comillas, Opañel, San Isidro, Vista Alegre, Puerta Bonita, Buenavista, Abrantes.
Usera: Orcasitas, Orcasur, San Fermín, Almendrales, Moscardó, Zofío, Pradolongo.
Puente de Vallecas: Entrevías, San Diego, Palomeras Bajas, Palomeras Sureste, Portazgo, Numancia.
Moratalaz: Pavones, Horcajo, Marroquina, Media Legua, Fontarrón, Vinateros.
Ciudad Lineal: Ventas, Pueblo Nuevo, Quintana, La Concepción, San Pascual, San Juan Bautista, Colina, Atalaya, Costillares.
Hortaleza: Palomas, Valdefuentes, Canillas, Pinar del Rey, Apóstol Santiago, Piovera.
Villaverde: San Andrés, San Cristóbal, Butarque, Los Rosales, Los Ángeles.
Villa de Vallecas: Casco Histórico de Vallecas, Santa Eugenia.
Vicálvaro: Casco Histórico de Vicálvaro, Ambroz.
San Blas: Simancas, Hellín, Amposta, Arcos, Rosas, Rejas, Canillejas, Salvador.
Barajas: Alameda de Osuna, Aeropuerto, Casco Histórico de Barajas, Timón, Corralejos.

Metropolitan area

The Madrid Metropolitan Area (Spanish: Área metropolitana de Madrid) comprises the city of Madrid and forty surrounding municipalities. It has a population of slightly more than 5.8 million people and covers an area of 4.609,7 km². It is the largest metropolitan area in Spain and by one measure the fourth largest in European Union and the 45th largest in the world.
As with many metropolitan areas of similar size, two distinct zones of urbanisation can be distinguished:
Inner ring (primera corona): Alcorcón, Leganés, Getafe, Móstoles, Fuenlabrada, Coslada, Alcobendas, Pozuelo de Alarcón, San Fernando de Henares
Outer ring (segunda corona): Villaviciosa de Odón, Parla, Pinto, Valdemoro, Rivas-Vaciamadrid, Torrejón de Ardoz, Alcalá de Henares, San Sebastián de los Reyes, Tres Cantos, Las Rozas de Madrid, Majadahonda, Boadilla del Monte
The largest suburbs are to the South, and in general along the main routes leading out of Madrid.

Submetropolitan areas


Madrid submetropolitan areas
A new project, has stated there are more submetropolitan areas inside Madrid metropolitan area:


Madrid submetropolitan areas

Submetropolitan area
Area
(km²)
Population
(pop.)
Density
(pop./km²)
Madrid - Majadahonda996.13,580,8283,595.0
Móstoles - Alcorcón315.1430,3491,365.6
Fuenlabrada - Leganés - Getafe - Parla- Pinto - Valdemoro931.7822,806883.1
Alcobendas266.4205,905772.9
Arganda del Rey - Rivas-Vaciamadrid343.6115,344335.7
Alcalá de Henares - Torrejón de Ardoz514.6360,380700.3
Colmenar Viejo - Tres Cantos419.1104,650249.7
Collado Villalba823.1222,769270.6
Madrid metropolitan area4,609.75,843,0311,267.6


Architecture
Egyptian temple of Debod

Plaza de la Villa

Although the site of Madrid has been occupied since prehistoric times, the first historical data that concerns the city dates from the middle of the 9th century, when Mohammad I ordered the construction of a small palace (site occupied now by the Palacio Real). Around this palace there was built a small citadel (al-Mudaina). The palace was built overlooking the River Manzanares, which the Muslims called Mayrit meaning source of water (which in turn became Magerit, and then eventually Madrid). The citadel was conquered in 1085 by Alfonso VI in his advance towards Toledo. He reconsecrated the mosque as the church of the Virgin of Almudena (almudin, the garrison's granary), now the Catedral de la Almudena. In 1329 the Cortes first assembled in Madrid to advise Fernando IV. Jews and Moors continued to live in the city in their quarter, still known today as the "Moreria", until they were expelled.


Plaza de la Villa
When Philip II moved his court permanently to Madrid, the city began to be embellished with various palaces, convents, churches and other historic buildings, most of which have survived to the present. This Madrid, known as the Madrid de los Austrias, is the most artistic and culturally rich of all historical times to the city. The chief architect of the time was Juan Gomez de Mora, stylistic heir of Juan de Herrera and their sober traces, but he began to use Baroque elements.The work of this stage is the Plaza Mayor, and many Baroque religious buildings. With the Bourbons began a new era in the city.The Royal Palace of Madrid and the buildings and monuments of the Paseo del Prado (Salón del Prado and Alcalá Gate) deserve special mention. They were constructed in a sober Baroque international style, often mistaken for neoclassical, by the Bourbon kings. Neoclassical also appears at this time, with Juan de Villanueva, author of El Prado Museum building. He is possibly the greatest Spanish architect of those times.
The Gran Via


In the early 20th century began the construction of the Gran Vía, with the task of freeing the old town. They used different styles that evolve over time: art nouveau, art deco, expressionist ... And finally (in the Franco's period) the totalitarian style, the two skyscrapers in the Plaza de España.
Plans for the construction of a new cathedral for Madrid dedicated to the Virgin of Almudena began in the 16th century, but the slow construction did not begin until 1879. Francisco de Cubas, the Marquis of Cubas, was the architect who designed and directed the construction in a Gothic revival style. Construction ceased completely during the Spanish Civil War. The project was abandoned until 1950, when Fernando Chueca Goitia adapted the plans of de Cubas to a neoclassical style exterior to match the grey and white façade of the Palacio Real, which stands directly opposite. and was not completed until 1993, when the cathedral was consecrated by Pope John Paul II. On Calle Princesa, in the heart of the district of Moncloa, lies el Ejército del Aire, the headquarters of the Spanish Air Force. A scaled-down replica of the famous Monastery San Lorenzo del Escorial which lies about 50 kilometers northeast of Madrid, el Ejército del Aire is a classic example of Fascist Neoclassicism in Madrid.
The financial district in downtown Madrid between the streets Raimundo Fernández Villaverde, Orense, General Perón and Paseo de la Castellana, its original conception (and its name) to the "Plan General de Ordenación Urbana de Madrid", approved in 1946. The purpose of this plan was to create a huge block of modern office buildings with metro and railway connections in the expansion area of northern Madrid, just in front of Real Madrid stadium (currently named the Santiago Bernabéu Stadium) and beside the brand new government complex of Nuevos Ministerios. A botanical garden, a library and an opera house were also included in the plans, but these were never built.

Cuatro Torres Business Area is a business park that was completed in 2008. This block contains the tallest skyscrapers in Madrid and Spain (Torre Espacio, Torre de Cristal, Torre Sacyr Vallehermoso and Torre Caja Madrid). A new commercial and economic area with plenty of skylines is expected to be constructed during the next ten years according to the "Enlargement of Castellana Street Project":



Madrid Barajas International Airport Terminal 4, designed by Antonio Lamela and Richard Rogers (winning them the 2006 Stirling Prize), and TPS Engineers, (winning them the 2006 IStructE Award for Commercial Structures) was inaugurated on February 5, 2006. Terminal 4 is one of the world's largest terminal areas, with an area of 760,000 square meters (8,180,572 square feet) in two separate terminals. Consisting of a main building, T4 (470,000 square meter), and satellite building, T4S (290,000 square meter), which are separated by approximately 2.5 km (2 mi). Hong Kong International Airport still holds the title for the world's largest single terminal building (Terminal 1) at 570,000 square meter. The new Terminal 4 is meant to give passengers a stress-free start to their journey. This is managed through careful use of illumination, available by glass panes instead of walls and numerous domes in the roof which allow natural light to pass through. With the new addition, Barajas is designed to handle 70 million passengers annually.

Environment


Manzanares (river)
Calle Arenal
Casa de Campo, lake

Madrid is full of green spaces and parkland; in central Madrid the largest park is Parque del Retiro, spreading out to the north-east of Atocha Railway station. The station is the core centre for high-speed AVE trains, with current lines to Valladolid (North-West), Barcelona (North-East) and Seville (South).
Madrid has many trees, both in parks and on the streets, with about 500,000. In 2005, the city had 300,000 and only Tokyo had more trees (100,000 more), but also had three times more population than Madrid.
Parque del Retiro, formerly the grounds of the palace built for Felipe IV, is Madrid's most popular park. Its large lake in the middle once staged mini naval sham battles to amuse royalty; these days the more tranquil pastime of pleasure boating is popular. Inspired by London's crystal palace, the palacio de cristal can be found at the south-eastern end of the park.
In the Retiro Park is also the Forest of the Departed (Spanish Bosque de los Ausentes), a memorial monument to commemorate the 191 victims of the 11 March 2004 Madrid attacks.
Atocha Railway Station is not only the city's first and most central station but also home to a distinctive indoor garden with 4,000 square meters of tropical plants. Atocha station has become a hothouse destination in itself for plant lovers, with more than 500 species of plant life and ponds with turtle and goldfish in, as well as shops and cafes. It's a nice place to visit on a cold or wet day with its even temperature of 24 degrees Celsius, or even on a scorching summer day as a retreat from the heat.
Casa de Campo is an enormous rural parkland to the west of the city, the largest of all Madrid's green areas. It is home to a fairground, the Madrid Zoo and an outdoor municipal pool, to enjoy a bird's eye view of the park and city take a cable car trip above the tree tops.
The Royal Botanic Garden or Real Jardin Botanico was an 18th century creation by Carlos III, it was used as a base for the plant species being collected across the globe. There is an important research facility that started life as a base to develop herbal remedies and to house the species collected from the new-world trips, today it is dedicated to maintaining Europe's ecosystem.
The theme park Faunia, is a natural history museum and zoo combined, aimed at being fun and educational for children. It comprises eight eco-systems from tropical rain forests to polar regions, and contains over 1,500 animals, some of which roam freely.

Economy of Madrid

Middle Ages to 20th century
During the end of the Middle Ages, Madrid experienced astronomic growth as a consequence of its establishment as the new capital of the Spanish Empire. As Spain (like many other European countries) continued to centralize royal authority, this meant that Madrid took on greater importance as a center of administration for the Spanish Kingdom. It evolved to become an important nucleus of artisanal activity that eventually experienced industrial revolution during the 19th century. The city made even greater strides at expansion during the 20th century, especially after the Spanish Civil War, reaching levels of industrialization found in other European capital cities. The economy of the city was then centered on diverse manufacturing industries such as those related to motor vehicles, aircraft, chemicals, electronic devices, pharmaceuticals, processed food, printed materials, and leather goods.

1992 to 2008

Cuatro Torres Business Area
Bolsa de Madrid (Madrid Stock Exchange)

Madrid is a major centre for international business and commerce. It is one of Europe's largest financial centres and the largest in Spain.
During the period from 1992 to 2006, Madrid experienced very significant growth in its service sector. The importance of the Barajas Airport to the city's economy is substantial. The construction of housing and public works, such as the ringroads and train network, constituted a major pillar of the economy up to 2006. As Spain has become decentralized politically, Madrid has taken on a smaller administrative profile as compared to the rest of the Spanish state.
Even so, the Community of Madrid (centered upon the city of Madrid) experienced the highest growth of all the Spanish regions between 2004 to 2006. Its growth rate was higher than for the country as a whole by 1.4% during the period 2000-2006, and that of the Eurozone by 13%.
Madrid has become the 23rd richest city in the world and third richest in Europe in terms of absolute GDP; the economic output for the year 2005 was of $201.5 billion, behind the considerably larger cities of Paris ($460 billion) and London ($452 billion) and ahead of Moscow and Barcelona. Additionally in terms of GDP per capita, Madrid, in specific the Madrid region is the richest in Spain and one of the richest in Europe. At 133.9% of the European average of 25,800€ (34,572€/$48,313) Madrid is ahead of the all other 8 Spanish regions above 100%. Similarly, Madrid is just 97.8% of New York's purchasing power.
Madrid is one of the cities in the Iberian Peninsula that attracts most foreign investment and job seekers. One of the reasons for this are the wages in Madrid; despite minimum wage being just 600€ in Spain, the average salary in Madrid during 2007 was 2004€, clearly above the Spanish average of 1686€. However in terms of net earnings, Madrid places second in Spain after the Basque Country; Madrid is 28th in the world, at 78.6%.
One downside of Madrid's quick growth especially over the last 15 years has been the rising cost of living. The city has grown to become the 22nd most expensive city in the world in 2008, the highest any Spanish city has ever featured. Although Madrid is still at 80.7% of New York, dramatic rises since 2005 show that Madrid could easily be challenging the cities higher above the ranks very soon.

Demographics

YearMunicipalityCommunity %
1897542,739730,80774.27
1900575,675773,01174.47
1910614,322831,25473.90
1920823,7111,048,90878.53
19301,041,7671,290,44580.73
19401,322,8351,574,13484.04
19501,553,3381,823,41885.19
19602,177,1232,510,21786.73
19703,120,9413,761,34882.97
19813,158,8184,686,89567.40
19913,010,4924,647,55564.78
20012,938,7235,423,38454.19
20053,155,3595,964,14352.90
20063,128,6006,008,18352.07
20073,132,4636,081,68951.51
20083,213,2716,271,63851.23
Source: INE

The population of Madrid generally increased from when the city became the national capital in the mid-16th century and stabilised at about 3 million from the 1970s.

From around 1970 until the mid 1990s, the city's population dropped. This phenomenon, which also affected other European cities, was caused in part by the growth of satellite suburbs at the expense of the downtown. Another reason might have been the slowdown in the rate of growth of the European economy.
The demographic boom accelerated in the late 1990s and early first decade of the 21st century due to international immigration, in response to a surge in Spanish economic growth. According to census data, the population of the city grew by 271,856 between 2001 and 2005.
As the capital city of Spain, the city has attracted many immigrants from around the world. About 83.8% of the inhabitants are Spaniards, while people of other origins, including immigrants from Latin America, Europe, Asia, North Africa and West Africa, represented 16.2% of the population in 2007.
The ten largest immigrant groups include: Ecuadorian: 104,184, Romanian: 52,875, Bolivian: 44,044, Colombian: 35,971, Peruvian: 35,083, Chinese: 34,666, Moroccan: 32,498, Dominican: 19,602, Brazilian: 14,583, and Paraguayan: 14,308. There are also important communities of Filipinos, Equatorial Guineans, Bulgarians, Indians, Italians, Argentines, Senegalese and Poles.

Government

Alberto Ruiz-Gallardón
The City Council consists of 57 members, one of them being the Mayor, currently Alberto Ruiz-Gallardón Jiménez. The Mayor presides over the Council. In the 2007 regional and local elections, the conservative Popular Party obtained 34 seats, the Spanish Socialist Workers' Party (PSOE) obtained 18, and United Left obtained 5.
The Plenary of the Council, is the body of political representation ( of the citizens in the municipal government. Some of its attributions are: fiscal matters, the election and deposition of the Mayor, the approval and modification of decrees and regulations, the approval of budgets, the agreements related to the limits and alteration of the municipal term, the services management, the participation in supramunicipal organizations, etc. Nowadays, mayoral team consists of the Mayor, the Deputy Mayor and 8 Delegates; all of them form The Board of Delegates (the Municipal Executive Committee).
Madrid has tended to be a stronghold of the People's Party, which has controlled the city's mayoralty since 1989.


(source:wikipedia)

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