Guide to business in Spain Guía de negocios en España

INVEST IN SPAIN

1. Introduction


1. INTRODUCTION

Spain is one of the most significant economies in the world: 13th in terms of size and an attractive destination for foreign investment, making Spain the 11th largest recipient of FDI worldwide[1]. Spain's appeal for investment lies not only in its domestic market, but also in the possibility of operating with third markets from Spain. This is because Spain has a privileged geo-strategic position within the European Union giving access to almost 1,900 million potential clients in the EMEA Region (Europe, Middle East and Africa). Its strong economic, historic and cultural ties also make Spain the perfect business gateway to Latin America.

Furthermore, Spain is a modern knowledge-based economy with services accounting for 74.35%[2] of economic activity. The country has become a center of innovation supported by a young, highly-qualified work force and competitive costs in the context of Western Europe.

This chapter gives a brief description of Spain's vital statistics: its population, its political and territorial structure and its economy.

[1]In terms of stock, according to the "World Investment Report 2014" (2013 figures).

[2]National Statistic Institute. Data up to third quarter of 2014.

Guide to business in Spain

Spain: an attractive profile

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ICEX - Gobierno de España - Ministerio de Economía y competitividad
Elaborado por Garrigues - Abogados y Asesores Tributarios
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