GDP

Centrality and periphery in Madrid since 2000 (7)

Which are the spatial conditions of the most productive zones? As productivity depends on the acts of persons in a given context of price, competition, regulation and technology, I am not sure that the spatial conditions are fully determinant; the urban tissue has an inertia that the economic flux has not. Do not take this as a vote for “anything goes”; it is rather a reason to provide as high an architectural and environmental quality as you can, as it will be tested by an economic environment that will no doubt evolve. Anyway, it seems relevant to see what happened in Madrid in 2009 (last year with available statistics).

pib2009-centr

The next articles will be about five of the census blocks with the highest GDP in 2009 in central Madrid and its surroundings:

 Azca (3)

Campo de las Naciones (6)

Banco de España (9)

Ciudad Universitaria (12)

Julián Camarillo (13)

Centrality and periphery in Madrid since 2000 (5)

pib2004-2009

Centrality and money can be in parallel. The analysis of the GDP data for the Madrid region in 2004 and 2009 (a provisional result in the second case) show that between both years the aggregate value for the region rised over 25%. We must still see what the figure will be at the end of the current crisis, but anyway it is interesting to see the spatial share of that revenue by census block. To get a fast idea on that, when you sort the census blocks with the higher GDP, in 2004 the highest figure was that of the large concentration of offices and retail in Arroyo de la Vega, Alcobendas, just north of the new Telefonica headquarters. The 20 first census blocks (of some 4.000) concentrated an 18% of the Regional GDP, and 16 of these census blocks were in the Madrid municipality.

In 2009 the first 20 census blocks add up about 18% of the regional GDP, but only 13 are on the Madrid municipality. The sprawl trend is clear. Anyway, the area inside the M-30 beltway concentrated about a third of the aggregate regional GDP, with small variation when compared overall to 2004.