Barcelona, the capital of Catalonia and Spain’s second largest city, is one of Southern Europe’s most dynamic political, economic, cultural, and commercial centers. With a long industrial tradition, it has developed a diversified economy spanning advanced manufacturing, chemicals, pharmaceuticals, food and beverages, automotive, and life sciences. The city also leads in cutting-edge research fields such as supercomputing, quantum technologies, photonics, and nanotechnology. In 2024, Barcelona’s GDP grew by 3.8%, surpassing the Catalan, Spanish, and EU averages, while household income rose above pre-pandemic levels.

Barcelona ranks among the world’s 20 most competitive cities and continues to strengthen its role as a hub for innovation and sustainability. Around 1,900 startups operate in the city, active in healthtech, mobility, fintech, sustainable construction, and blockchain. Major facilities include DFactory Barcelona in the Zona Franca, a leading European center for Industry 4.0, alongside numerous co-working and incubation spaces. The government’s “Barcelona Impulsa” plan allocates €890 million through 2027 to create 180,000 quality jobs by 2035, diversify the economy, and boost green and blue economy sectors.

With its strong infrastructure, international connectivity, and vibrant talent pool, Barcelona has become a preferred location for global investors and entrepreneurs. The city’s combination of industrial heritage, advanced research capabilities, and thriving startup ecosystem ensures its continued competitiveness in the global economy.