More than 125 multinational companies have chosen Navarra as their location.
Industrial sector
Relevant (30% of regional GDP), diversified (renewable energies, agrifood, equipment and machinery) and internationalised (trade coverage ratio of 186 with more than 125 multinational companies in the area.
4,500 direct jobs of VW, production of the Polo model for the global market and second model awarded.
Services sector
High quality, particularly in Higher Education and Health.
R&D sector
Committed to investment in R&D (1.90% of GDP according to the National Statistics Institute [INE] for 2020, the latest information available, third region in Spain), lead by the private sector (67.7%).
Population
Highly-qualified and focused on science and technology (ranked 19 out of 271 EU regions).
Accessibility
Excellent geographical accessibility and proximity to Europe
Quality of life
A region with a high standard of living that is able to accommodate foreign talent
Macroeconomic developments
They exceed the national average
 NAVARRA |
 SPAIN |
|
| Unemployment rate (Q1 2024 ) | 8,82% | 12,29% |
| GDP per capita 2022 | 33.798€ | 28.160€ |
| S&P credit rating | AA- | A |
The strong industrial sector, dynamic business climate, clear commitment to innovation and to our people and area make our region a very attractive place for investment.
As a small region in Spain, Navarra has one of the most advanced and competitive economies in the country.
Navarra is at the crossroads of two key Spanish logistics corridors: North-South, (connecting Paris and Madrid) and East-West (connecting Bilbao and Barcelona), giving access to the Spanish and European markets, with more than 100 million consumers.
In terms of innovative regions, Navarra is the leader in innovation and technological transfer in Spain.
Companies invest and re-invest in Navarra because of its excellent levels of education and the high productivity capacity of its labour force.
Navarra has a high level of autonomy, which allows it to have its own and separate tax system, which focuses on stimulating productive investments.
Navarra is one of the Spanish regions with the best national indicators in terms of social well-being, access to services and standard of living.
