In 2017 Malaga’s GDP growth rate was of 3.3% (two tenths above the regional rate). This figure is expected to be maintained in 2018,with a forecast close to 3.1%. This could place the province once again in a leading position within Andalusia.
Malaga continues to lead the creation of companies and even the registration of self-employed workers. In 2017, 5,111 companies were established in the province. This figure suggests a ratio that indicates that out of every three companies constituted in Andalusia, one is born in Malaga. It also suggests the creation of 14 companies per day. Malaga is the fourth province that generates more companies, after Madrid, Barcelona and Valencia.
Malaga also continues to be, by far, the province that contributes most to the Andalusian tax figures, and the second Andalusian city that contributed the most to the national figures, increasing the amount by 8.9% over the preceding year.
The province has one of the most modern airports in Europe, which stands out for the large number of connections there are with the main European capitals. The port of the capital also underwent an important process of modernization, which transformed its image and operational capacity dramatically. In the recent years this has favoured the expansion of the cruise sector. The railway sector, on the other hand, has experienced a great development marked by innovation, with the continuous expansion of routes and the arrival of the AVE (high-speed train). As for road infrastructures, the province has a powerful network of roads that facilitate access and mobility from the interior and to the main Spanish cities.
