Madrid, the capital and most populous city of Spain, boasts a population of over 3.4 million within the city and approximately 6.8 million in its metropolitan area. As the second-largest city in the EU after Berlin, Madrid serves as the political, economic, and cultural heart of Spain. Situated on the River Manzanares in the Iberian Peninsula's center, it stands at an elevation of about 660 meters. It is also the capital of the autonomous community of Madrid.
In 1902, Real Madrid was founded.
In 1903, Atlético Madrid was founded.
From 7 to 9 January 2021, Madrid received the most snow in its recorded history since 1904.
In 1919, the Metro, the rapid transit system serving Madrid, was founded.
In 1924, Rayo Vallecano was founded in the Vallecas neighbourhood of Madrid.
In 1927, a new University City (Ciudad Universitaria) was planned to be built in the district of Moncloa-Aravaca.
In 1928, CD Leganés was founded.
In 1929, Las Ventas, the largest plaza de toros (bullring) in Spain, was established in Madrid.
In May 1931, anti-clerical riots in Madrid led to the burning of convents, worsening the political environment in the city.
Following the proclamation of the Second Spanish Republic in 1931, the Casa de Campo was ceded to the municipality.
In 1931, Real Madrid Baloncesto was founded and went on to compete in Liga ACB and play their home games at the Palacio de Deportes (WiZink Center).
The Sabatini Gardens, adjacent to the Royal Palace, were opened to the public in 1931.
The Spanish Constitution of 1931 explicitly designated Madrid as the country's capital. During this time, Madrid was demographically young, urbanizing, and becoming a center for new political movements. Illiteracy rates were down to below 20%.
In 1934, an insurrection largely failed in Madrid.
From July 1936, Madrid became a stronghold of the Republican faction and an international symbol of anti-fascist struggle during the Spanish Civil War.
In November 1936, Madrid's western suburbs were the scene of an all-out battle during the Spanish Civil War, with the city suffering aerial bombing.
In 1937, Pablo Picasso created his anti-war masterpiece, Guernica, which is housed in the Reina Sofía National Art Museum in Madrid.
In March 1939, Madrid fell to the Francoists, marking a significant turning point in the Spanish Civil War.
In 1939, the Spanish international news agency EFE established its headquarters in Madrid since its inception.
On 16 January 1945, the lowest recorded temperature was −10.1 °C (13.8 °F) in Madrid. At the airport, the lowest recorded temperature was −15.2 °C (4.6 °F).
In 1948, Club Baloncesto Estudiantes was founded and went on to compete in LEB Oro and play their home games at the Palacio de Deportes (WiZink Center).
In 1953, the privately owned Europa Press, the second news agency of Spain, was founded and headquartered in Madrid.
By 1956, Madrid experienced increased wealth polarization, with as many as 50,000 shacks scattered around the city due to mass immigration from rural areas.
From 1970 until the mid-1990s, the population of Madrid 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. A new campus at Somosaguas was created to house the new School of Social Sciences.
In 1971, the secondary campus of Somosaguas, belonging to the Complutense University of Madrid, was founded outside the city limits in Pozuelo de Alarcón.
Since 1972, the National Distance Education University (UNED) has sought to translate into action the principle of equal opportunity in access to higher education through distance learning.
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.
The Campo del Moro gardens were opened to the public in 1978.
The new 1978 constitution confirmed Madrid as the capital of Spain.
The 1979 municipal election brought Madrid's first democratically elected mayor since the Second Republic to power.
On 23 February 1981, Madrid was the scene of mass demonstrations of support for democracy after the failed coup, 23-F.
In October 1982, Madrid became part of the Union of Ibero-American Capital Cities establishing brotherly relations with other cities through a collective statement.
In 1982, the Santiago Bernabéu stadium hosted the FIFA World Cup Final.
In 1983, Getafe CF was founded.
In 1986, Madrid hosted the final matches for the FIBA World Cup at the Palacio de Deportes.
Since 1997, green areas in Madrid have increased by 16%.
In 2000, the construction sector earned more than in 2009.
During the period of 2003, Industrial Gross Value Added grew by 4.3%.
During the period of 2005, Industrial Gross Value Added grew by 4.3%.
In 2005, Madrid was the leading European destination for migrants from developing countries, as well as the largest employer of non-European workforce in Spain.
In 2006, Terminal 4 at Madrid-Barajas Airport was inaugurated and won several architectural awards. The terminal is one of the world's largest and features glass panes and domes for natural light.
In 2006, the Matadero Madrid, a cultural complex, was created with the aim of promoting research, production, learning, and diffusion of creative works and contemporary thought.
In 2006, the proportion of Madrid's population classified as "at risk of poverty" was 13.0%.
Although residential property prices in Madrid have fallen by 39% since 2007, the average price of dwelling space was €2,375.6 per sq. m. in early 2014.
Following the recession commencing 2007/8, recovery was under way by 2014.
From 2007 to 2012/13, residential sector prices in Madrid dropped by 25%–27%.
In 2007, Madrid hosted EuroPride, which was hailed 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.
Since 2007, the Cybele Palace (or Palace of Communications) serves as City Hall.
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.
During the period of 2008, Industrial Gross Value Added decreased by 10%.
In 2009, IE Business School was ranked #1 in WSJ's rankings for Best MBA Programs under 2 years, scoring ahead of INSEAD and IMD.
In 2009, the construction sector in Madrid earned 8% less than it had in 2000.
In 2010, industry contributed 7.5% to Madrid's value-added. However, industry has slowly declined within the city boundaries as more industry has moved outward to the periphery.
In 2010, the construction sector contributed 6.5% to Madrid's economy.
In 2010, the proportion of Madrid's population classified as "at risk of poverty" was 15.6%.
In 2011 the city itself had a GDP per capita 74% above the national average and 70% above that of the 27 European Union member states, although 11% behind the average of the top 10 cities of the EU.
In 2011, Madrid's unemployment rate was 15.8%, which was lower than the overall rate in Spain. The unemployment rate among those aged 16–24 was 39.6%. Additionally, the service sector accounted for 86% of all jobs in Madrid, compared to 74% in all of Spain.
In 2011, Tourist spending in Madrid was estimated at €9,546.5M, or 7.7% of the city's GDP.
In 2011, participation in the labour force was 1,638,200 in Madrid, 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%.
Madrid was a center of the anti-austerity protests that erupted in Spain in 2011.
From 2007 to 2012/13, residential sector prices in Madrid dropped by 25%–27%.
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, Madrid's unemployment reached a peak of 19.1%.
Following the recession commencing 2007/8, recovery was under way by 2014, with forecast growth rates for the city of 1.4% in 2014.
Following the recession, services and industry were forecast to return to growth in 2014.
In 2014, Madrid experienced the start of an economic recovery, leading to an increase in employment.
In 2014, Madrid hosted the final matches 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.
As of 2015, the National Distance Education University (UNED) has the largest student population in Spain with more than 205,000 students.
As of 2015, the most recent big park in the municipality is the Valdebebas Park, covering a total area of 4.7 km (1.8 sq mi).
Following the recession commencing 2007/8, recovery was under way by 2014, with forecast growth rates for the city of 2.7% in 2015.
Following the recession, construction was forecast to return to growth in 2015.
In 2015, for the first time in their history, Leganés earned promotion to La Liga for the 2015–16 season.
In 2015, the mandate of left-wing Mayor Manuela Carmena began, delivering the renaturalization of the course of the Manzanares across the city.
Following the recession commencing 2007/8, recovery was under way by 2014, with forecast growth rates for the city of 2.8% in 2016.
In 2016, Getafe CF was participated in the top level of Spanish football.
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 Mad Cool festival was created in Madrid.
In 2016, the average life expectancy in the wider Madrid region was 82.2 years for males and 87.8 years for females.
Madrid launched an unsuccessful bid for the 2016 Summer Olympics.
In 2017, Madrid celebrated the 40th anniversary of their first Pride Parade by hosting WorldPride Madrid 2017, which included numerous conferences, seminars, workshops, cultural activities, and sports activities. More than one million people attended the pride's central march.
In 2017, the Community of Madrid had a GDP of €220B, equating to a GDP per capita of €33,800.
Since 2017, Getafe CF has been participating in the top level of Spanish football.
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, Madrid banned all non-resident vehicles from its downtown areas.
In 2018, Madrid received 10.21 million tourists, with 53.3% being international. The majority of international tourists came from the United States, followed by Italy, France, the 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, the Mad Cool festival reached an attendance of 240,000 during the three-day event.
In 2018, the Madrid Municipal Police (Policía Municipal de Madrid) had a workforce of 6,190 civil servants.
In 2018, the Museo Nacional Centro de Arte Reina Sofía was the most visited museum in Madrid, with 3.8 million visitors. The Prado Museum had 2.8 million visitors, and the Thyssen-Bornemisza Museum had 906,815 visitors.
In the second quarter of 2018, Madrid's unemployment rate was 10.06%.
Since 2018, Madrid has been home to Netflix's Madrid Production Hub, along with Mediapro Studio and Viacom International Studios, solidifying its position as a film and television production hub.
The 2018 Madrid Pride roughly had 1.5 million participants.
In April 2019, the plenary of the ayuntamiento in Madrid passed a plan intending to regulate the practice of tourist apartments, aiming to limit their number and enforce a requirement for independent access.
In June 2019, after a change of government, the new municipal administration in Madrid planned to revert the regulation of tourist apartments.
According to a 2019 survey, 20.7% of respondents in Madrid identify as practising Catholics, 45.8% as non-practising Catholics, and the remaining respondents hold other religious beliefs or no religious beliefs.
As of 2019, the Madrid Metro has 302 stations.
As of 2019, the fastest-growing group of immigrants in Madrid were Venezuelans, with a population of 60,000.
As of 2019, the film and television industry in Madrid employed 19,000 people locally, representing 44% of the people in Spain working in this industry.
In 2019, Madrid hosted the Champions League final at the Metropolitano stadium.
In 2019, the mandate of left-wing Mayor Manuela Carmena ended, during which she delivered the renaturalization of the course of the Manzanares across the city.
José Luis Martínez-Almeida, a member of the People's Party, has served as mayor of Madrid since 2019.
Since 2019, Madrid hosts the finals of the major tournament for men's national teams, Davis Cup.
In 2020, around 76% of the registered population of Madrid was Spain-born, with a significant portion of the foreign-born population coming from the Americas.
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 7 to 9 January 2021, Madrid received the most snow in its recorded history since 1904, with between 50 and 60 cm of accumulated snow.
On 14 August 2021, the highest recorded temperature in central Madrid's Retiro Park was 40.7 °C (105.3 °F). At the airport, the highest recorded temperature was 42.7 °C (108.9 °F).
In 2021, the Museo de las Colecciones Reales is tentatively scheduled to open next to the Royal Palace and the Almudena. The museum is intended to host outstanding pieces of the Royal Collections part of the Patrimonio Nacional.
Until 2021, Estudiantes was one of only three teams that had never been relegated from Spain's top division.
In January 2024, Formula 1 announced that Madrid will host the 2026 Spanish Grand Prix around the IFEMA exhibition centre in Campo de las Naciones.
In 2025, Madrid had a population of over 3.4 million in the city proper and approximately 6.8 million in its metropolitan area, making it the second-largest city in the European Union after Berlin.
In 2026, Madrid will host the Spanish Grand Prix around the IFEMA exhibition centre in Campo de las Naciones.
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