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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-GDP* Tax impact** Impact on employment***
2019 2020 % variation
629,294,181 161,981,241 -74% 222,770,140 57,017,397 -74% 22,834 7,128 -69%
* 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).
THE ACTIVITY OF THE THYSSENBORNEMISZA NATIONAL MUSEUM HAS A POSITIVE EFFECT ON THE ECONOMY AND EMPLOYMENT OF THE CITY OF MADRID
As a consequence of the temporary closure of the Museum from March to June, along with mobility restrictions in Spain and all other countries, the economic impact generated in 2020 was significantly reduced.
Commitment our our professionals
Friedensreich Hundertwasser,
Sun and Moon. The Aztecs, 1966. Mixed media. 79 x 115 cm
