Generators of value in
the city of Madrid
The Museo Nacional Thyssen-Bornemisza, as a centre of attraction for both national and international visitors, has become one of the main assets of the city of Madrid due to its ability to generate income and create jobs. Economic impact of the Museo Nacional Thyssen-Bornemisza
2019
2020
% variation
Economic impact-GDP*
629,294,181
161,981,241
-74%
Tax impact**
222,770,140
57,017,397
-74%
22,834
7,128
-69%
Impact on employment***
* Contribution of the Museo Nacional Thyssen-Bornemisza to the Gross Domestic Product, GDP ** Contribution to public coffers *** Employment necessary for the demand generated by the Museo Nacional Thyssen-Bornemisza. The Leontief inverse matrix was used to calculate this index based on the following sources: Distribution of tourist spending: INE, EGATUR survey (Jan–Jun 2018); Tax revenue in Spain: Eurostat, www.epdata.es.; Tourist expenditure Madrid: Tourism Vademecum. Madrid Destino (Dec 2019).
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