Getafe is a key player in Spain’s industrial and economic scene, with a diversified economy. Historically, the city has been a hub for the aerospace industry, with companies like Airbus and EADS establishing major production facilities here. This has spurred local growth and brought significant investment into the city. The industrial zones of Getafe are also home to manufacturing, engineering, and automotive sectors, contributing to the city’s economic stability.
Tourism, although not as prominent as in Madrid, plays an increasingly important role in the city’s economy. Getafe benefits from its proximity to Madrid and offers a more affordable alternative for tourists looking to explore the capital. Local businesses, including restaurants, hotels, and event venues, cater to both business travelers and tourists, adding to the city’s economic vibrancy.
Getafe also has a strong retail sector, with a variety of local markets, shops, and commercial centers that offer unique local products and crafts, contributing to its growing economy.