El Espinar’s economy is predominantly driven by agriculture, tourism, and small-scale manufacturing. The fertile land surrounding the town supports a variety of crops, including cereals, vegetables, and livestock farming, which have been a cornerstone of the local economy for centuries. The town is also known for its timber and forestry industries, thanks to the dense forests of the Sierra de Guadarrama.
Tourism plays an increasingly important role in the local economy, especially with the town’s proximity to Madrid. Visitors are drawn to El Espinar for its outdoor recreational opportunities, cultural festivals, and peaceful setting. Local businesses, including hotels, restaurants, and shops, benefit from the steady stream of tourists who visit the town year-round. Additionally, the town is known for its artisanal products, including pottery and woodcraft, which are popular with visitors looking for unique souvenirs.