El Escorial’s economy is largely driven by tourism, with visitors coming from around the world to see its famous Monastery and other historical sites. The town’s strategic location near Madrid makes it a popular destination for day-trippers, and its proximity to natural parks and hiking trails also attracts nature lovers. Many local businesses, including hotels, restaurants, and souvenir shops, cater to this influx of visitors.
In addition to tourism, El Escorial benefits from its role as a cultural center. The Monastery continues to function as a religious institution, with clergy and scholars residing within its walls. The town also hosts various academic and cultural events, drawing intellectuals and artists to the area. Agriculture, particularly olive growing and wine production, remains an important industry in the surrounding countryside, contributing to the town’s economy.
Unique local products from El Escorial include handcrafted items like ceramics and textiles, as well as regional food products such as honey and cured meats. These artisanal goods are popular among visitors looking for authentic souvenirs. The town also has a reputation for producing high-quality leather goods, which can be found in local markets and shops.