Madrid is the capital and largest city of Spain, boasting a population of roughly 3.3 million within the city proper and about 6.8 million in its metropolitan area. It's the second-largest city in the European Union, exceeded only by Berlin. Situated on the River Manzanares in the heart of the Iberian Peninsula at an elevation of approximately 650 meters, Madrid serves as the political, economic, and cultural hub of Spain and its surrounding autonomous community.
Ifema Madrid aims to surpass 300 million in business volume by 2026, capitalizing on Valdebebas expansion and congresses to build its brand and exposure.
Real Madrid was founded in 1902 and is one of the most widely supported teams in the world. The club was selected as the best club of the 20th century and is the most successful Spanish football club.
Atlético Madrid was founded in 1903 and is well-supported in the city. The club is considered an elite European team, having won three UEFA Europa League titles and reached three European Cup finals.
Since 1904, recorded history of snow in Madrid. From January 7 to 9, 2021, Madrid received the most snow in its recorded history.
The Madrid Metro was founded in 1919 and underwent extensive enlargement in the second half of the 20th century.
In 1927, plans were made to build a new University City (Ciudad Universitaria) in the district of Moncloa-Aravaca.
Las Ventas, the largest plaza de toros (bullring) in Spain, was established in Madrid in 1929.
In May 1931, anti-clerical riots in Madrid led to the burning of convents, worsening the political environment.
In 1931, the Casa de Campo was ceded to the municipality following the proclamation of the Second Spanish Republic.
In 1931, the Sabatini Gardens adjacent to the Royal Palace were opened to the public.
In 1931, the Spanish Constitution explicitly legislated Madrid as the capital of the country for the first time.
Real Madrid Baloncesto was founded in 1931 and is the most successful team in Europe, with a record 11 EuroLeague titles.
In 1934, an insurrection occurred in Madrid, but it largely failed to gain traction in the city.
In July 1936, Madrid became a stronghold of the Republican faction at the start of the Spanish Civil War.
In November 1936, the western suburbs of Madrid were the scene of an all-out battle during the Spanish Civil War.
In 1937, Pablo Picasso created his anti-war masterpiece, Guernica, which is housed in the Reina Sofía National Art Museum.
In March 1939, Madrid fell to the Francoists, marking a significant turning point in the Spanish Civil War.
The Spanish international news agency EFE maintains its headquarters in Madrid since its inception in 1939.
On January 16, 1945, the lowest recorded temperature in Madrid's Retiro Park was −10.1 °C (13.8 °F) and at the airport was −15.2 °C (4.6 °F).
Club Baloncesto Estudiantes was founded in 1948.
Following the Francoist takeover, architecture experienced an involution. The Edificio España was presented as the tallest building in Europe when it was inaugurated in 1953.
The second news agency of Spain, the privately owned Europa Press, was founded and headquartered in Madrid since 1953.
By 1956, wealth polarization in Madrid led to as many as 50,000 shacks scattered around the city.
From 1970 until the mid-1990s, Madrid's population dropped due to the growth of satellite suburbs.
In 1970, the Government reformed higher education, and the Central University became the Complutense University of Madrid and a new campus at Somosaguas was created to house the new School of Social Sciences.
In 1971, the Complutense University of Madrid founded a secondary campus at Somosaguas, located outside the city limits in Pozuelo de Alarcón.
Since 1972, UNED has sought to translate into action the principle of equal opportunity in access to higher education through a methodology based on the principles of distance learning and focused on the needs of the student.
In 1977, Madrid's Pride Parade began in the Chueca neighbourhood, marking the beginning of the LGBT rights movement after being repressed for forty years in a dictatorship.
In 1977, the old Alcalá campus was reopened as the independent UAH, University of Alcalá.
In 1978, the Campo del Moro gardens adjacent to the Royal Palace were opened to the public.
In 1978, the new constitution confirmed Madrid as the capital of Spain after the fall of the Francoist regime.
In 1979, Madrid had its first democratically elected mayor since the Second Republic.
On February 23, 1981, Madrid was the scene of mass demonstrations of support for democracy after the failed coup attempt known as 23-F.
In October 1982 Madrid became part of the Union of Ibero-American Capital Cities.
Getafe CF was founded in 1983.
In 1986, Madrid hosted the final match for the FIBA World Cup at the Palacio de Deportes.
Since 1997, green areas in Madrid have increased by 16%.
In 2005, Madrid was the leading European destination for migrants from developing countries and the largest employer of non-European workforce in Spain.
In 2006, Terminal 4 at Madrid-Barajas Airport was inaugurated and later won several architectural awards.
In 2006, the Matadero Madrid, a cultural complex located by the river Manzanares, was created with the aim of promoting research, production, learning, and diffusion of creative works and contemporary thought.
In 2006, the proportion of the population classified as "at risk of poverty" in Madrid was 13.0%.
In 2007, Madrid hosted EuroPride, recognized as "the best EuroPride in history" by the then President of the EPOA.
In 2007, Madrid hosted the EuroBasket final at the Palacio de Deportes.
Residential property prices in Madrid have fallen by 39% since 2007.
Since 2007, the Cybele Palace (or Palace of Communications) has served as the City Hall of Madrid.
The recession commencing 2007/8 affected Madrid.
As a consequence of the spillover of the 2008 financial and mortgage crisis, Madrid has been affected by the increasing number of second-hand homes held by banks and house evictions.
In 2009, IE Business School ranked #1 in WSJ's rankings for Best MBA Programs under 2 years.
In 2010, industry contributed 7.5% to Madrid's value-added, while industries based on advanced technology acquired much more importance in Madrid compared to the rest of Spain.
In 2010, the construction sector contributed 6.5% to the city's economy in Madrid.
In 2010, the proportion of the population classified as "at risk of poverty" in Madrid was 15.6%.
In 2011, Madrid was a center of the anti-austerity protests that erupted in Spain.
In 2011, Madrid's GDP per capita was 74% above the national average and 70% above that of the 27 European Union member states.
In 2011, participation in the labor force in Madrid was 1,638,200, or 79.0%.
In 2011, services accounted for 85.9% of value added in Madrid's economy, while industry contributed 7.9% and construction 6.1%.
In 2011, the unemployment rate in Madrid was 15.8%, lower than in Spain as a whole. Among those aged 16–24, the unemployment rate was 39.6%.
In 2011, tourist spending in Madrid was estimated at €9,546.5M, or 7.7% of the city's GDP.
In 2012, consumption by Madrid residents was affected by job losses and austerity measures, including a rise in sales tax from 8% to 21%.
Madrid launched an unsuccessful bid for the 2012 Summer Olympics.
In 2013, unemployment in Madrid reached a peak of 19.1%.
By 2014, recovery from the recession was under way in Madrid, with forecast growth rates for the city of 1.4%.
Following the recession, services and industry were forecast to return to growth in Madrid in 2014.
In 2014, Madrid hosted the final match for the FIBA World Cup at the Palacio de Deportes.
In 2014, the fleet of taxis in Madrid accounted for 15,600 vehicles.
In early 2014, the average price of dwelling space in Madrid was €2,375.6 per sq. m., second only to London among 22 European cities.
With the start of an economic recovery in 2014, employment started to increase in Madrid.
As of 2015, the National Distance Education University (UNED) had more than 205,000 students, making it the largest university in Spain.
As of 2015, the most recent big park in the municipality is the Valdebebas Park.
Following the recession, construction was forecast to return to growth in Madrid in 2015.
In 2015, Manuela Carmena became the left-wing Mayor of Madrid.
In 2015, the forecast growth rates for the city of Madrid was 2.7%.
In 2016, it was announced that Madrid will stop the use of all diesel powered cars and trucks within the next decade.
In 2016, the average life expectancy at birth in the wider Madrid region was 82.2 years for males and 87.8 years for females, the highest in the EU.
In 2016, the forecast growth rates for the city of Madrid was 2.8%.
Madrid launched an unsuccessful bid for the 2016 Summer Olympics.
In 2017, Madrid celebrated the 40th anniversary of their first Pride Parade by hosting the WorldPride Madrid 2017, an event attended by more than one million people.
In 2017, the Community of Madrid had a GDP of €220B, equating to a GDP per capita of €33,800.
In 2018, Madrid banned all non-resident vehicles from its downtown areas.
In 2018, Madrid received 10.21 million tourists, with the largest share of international tourists coming from the United States, followed by Italy, France, United Kingdom and Germany. As of 2018, the city had 793 hotels, 85,418 hotel places, 43,816 hotel rooms, and an estimated 20,217 tourist apartments.
In 2018, cars (except for hybrid and electric vehicles as well as residents and guests) were banned in the Madrid Central low-emission zone.
In 2018, the Mad Cool festival reached an attendance of 240,000 during its three-day long schedule.
In 2018, the Madrid Municipal Police had a workforce of 6,190 civil servants.
In 2018, the Museo Nacional Centro de Arte Reina Sofía was the most visited museum with 3.8 million visitors. In comparison, the Prado Museum had 2.8 million visitors and the Thyssen-Bornemisza Museum had 906,815 visitors in 2018.
In the 2018–19 season, CD Leganés reached a peak of 13th place.
In the second quarter of 2018, the unemployment rate in Madrid was 10.06%.
Since 2018, Madrid is home to Netflix's Madrid Production Hub, along with Mediapro Studio and Viacom International Studios.
The 2018 Madrid Pride roughly had 1.5 million participants.
In April 2019, the plenary of the ayuntamiento in Madrid passed a plan intended to regulate the practice of tourist apartments, seeking to greatly limit their number, enforcing a requirement for independent access.
In June 2019, after a change of government, the new municipal administration in Madrid planned to revert the regulation for tourist apartments.
According to a 2019 survey, 20.7% of respondents in Madrid identify themselves as practicing Catholics, 45.8% as non-practicing Catholics, 3.8% as believers of another religion, 11.1% as agnostics, 3.6% as indifferent towards religion, and 12.8% as atheists.
As of 2019, Venezuelans were the fastest-growing group of immigrants in Madrid, consisting of a population of 60,000 and becoming the second-largest community of foreign origin after Ecuadorians.
As of 2019, the Madrid Metro has 302 stations.
As of 2019, the film and television industry in Madrid employs 19,000 people locally, representing 44% of people in Spain working in this industry.
In 2019, the Metropolitano hosted the Champions League final.
In 2019, the term of left-wing Mayor Manuela Carmena ended.
Since 2019, José Luis Martínez-Almeida, a member of the People's Party, has served as mayor of Madrid.
Since 2019, Madrid hosts the finals of the Davis Cup, which is a major tournament for men's national teams.
In 2020, around 76% of the registered population of Madrid was Spain-born, while the bulk of the foreign-born population came from the Americas (around 16% of the total population).
In 2020, the most important Spanish business schools (IESE, IE, ESADE) invested 125 million euros in expanding their campuses in Madrid.
Madrid launched an unsuccessful bid for the 2020 Summer Olympics.
From January 7 to 9, 2021, Madrid received the most snow in its recorded history since 1904, with 50 to 60 cm of accumulated snow.
On August 14, 2021, the highest recorded temperature in central Madrid's Retiro Park was 40.7 °C (105.3 °F) and at the airport was 42.7 °C (108.9 °F).
In 2021, Rayo Vallecano secured promotion and currently compete in La Liga.
Patrimonio Nacional has tentatively scheduled the opening of the Museo de las Colecciones Reales, located next to the Royal Palace and the Almudena, for 2021.
In January 2024, Formula 1 announced that Madrid will host the 2026 Spanish Grand Prix.
In 2026, Madrid is scheduled to host the Spanish Grand Prix around the IFEMA exhibition centre in Campo de las Naciones.
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