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Spain Profile

Spain in numbers

Demographics

The population of Spain in 2016 was 46.5 million people, with a population density of more than 91 inhabitants per square kilometer.

Spain is a markedly urban society as evidenced by the fact that 32% of the population lives in the capitals of the provinces. The main figures are given in the table below.

POPULATION
Total Population 46.5 million
Distribution by Age 0-15: 14.99%
  16-64: 66.40%
  65+: 18.60%
Population Density 91.95 inhabitants/km2
Urban Population 79.1%
Working Population 59.28%
Working Population by Industry(See more) Agriculture 4.3%
Industry 11.8%
Construction 5.6%

Services 67.3%

Unemployed seeking first job: 10.9%

Demographic Composition  90.11% Spaniards / 9.89% foreign population
Religion 69.3% - Catholic
Official Language Castilian is the official State language. Other Spanish languages also have official status in their respective Autonomous Communities, in accordance with their Charters of Autonomy. (Article 3 of the Constitution)

Source: National Statistics Institute. Data at July 1, 2016. Municipal Register report. Working population with data from Q3 of 2016.

Variation in working population by industry (%)

 

 

Political Structure

POLITICAL FRAMEWORK
Political structure of State Parliamentary Monarchy
Head of State H. M. the King Felipe VI
Prime Minister Mariano Rajoy Brey, since since October 2016
Parliament Lower House (350 members) and Upper House (264 members)
Party in power Popular Party (PP)
Territorial organization Territorially, the State is organized into municipalities, provinces and autonomous communities. There are 17 autonomous communities and two cities (Ceuta and Melilla).
European Union Member State since 1986

 

Economy

Spain is a dynamic country with an advanced economic model, in which the services sector and industry represent approximately 92% of Spain´s GDP.

ECONOMIC DATA
Currency Euro, divided into 100 cents
Real growth in GDP 3,2%*
GDP per capita (2008) 22,279 euros
Inflation 0,0%**
   

* Data GDP until Q4 of 2015** Aggregate average until December 2014

Trade and investment

Rapid growth in international trade and foreign investments in recent years has made Spain one of the most internationally-oriented countries in the world.
With regard to the trading of goods, Spain is ranked 18th in the world as an exporter and 16th as an importer; while in the trading of services it occupies 10th place as an exporter and 20th place as an importer .
Spanish exports and imports of goods account for 1.7% and 1.9%, respectively, of the worldwide total, while Spanish exports and imports of services represent 2.7% and 1.5% respectively.
The breakdown by industry of foreign trade is relatively diversified, as can be seen in the following table:
 

EXPORTS

IMPORTS

Capital goods

20.1%

Energy products

21.2%

Automobile industry

17.1%

Capital goods

17.6%

 Food

16.0%

Chemical products

15.0%

Chemical products

14.4%

Automobile industry

11.6%

Semi-manufactured non-chemical products

10.5%

Consumer goods

10.9%

Consumer goods

9.7%

Food

10.7%

Energy products

5.0%

Semi-manufactured non-chemical products

6.8%

Other goods

3.3%

Raw materials

3.6%

Raw materials

2.3%

Durable consumer goods

2.3%

Durable consumer goods

1.6%

Other goods

0.3%

 * Data available at January-November 2015
Source: Ministry of Economy, Industry and Competitivity.

With regard to investment, it is worth highlighting the increase in inward investment received since 1996. In recent years, Spain has been one of the main recipients of foreign direct investment. According to the World International Report 2015, in 2014 Spain ranked 9th worldwide in foreign direct investment.

 

Infrastructure

Spain is ranked 1st in the EU in terms of the number of high-capacity toll roads and highways and 1st in the EU and 2nd worldwide after China, in terms of the number of kilometers of high-speed railway tracks. In addition, it boasts 46 airports and 46 international ports which, when combined with the country´s geostrategic position, make Spain one of the leading hubs for passenger and goods transportation.

The Government intends to continue with its program of heavy investment in this area. A new Infrastructure, Transport and Housing Plan (PITVI) is approved which, based on an analysis of the current situation and a rigorous assessment of Spanish needs, will establish the priorities and action plans up to 2024.

 

INFRASTRUCTURE

Highways

15,048 km (high capacity)

Railway

19,285 km

Airports

46 airports

Ports

46 international ports

Technology

Extensive fiber optic cable network and one of the largest undersea cable and satellite-link networks.

 

 

For further information, visit the extended version of our online Guide to Business:

Spain. An Attractive Profile

 

 


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Last updated: 20|01|2017

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