Kingdom of Spain

Capital: Madrid               HDI: 0.869 (27th)

Language: Spanish

GDP (PPP): $1.566 trillion

Population: ~ 48.1 million

Currency: Euro

Spain is the second largest of the Southern European states and is the fourth largest economy of the Eurozone. The country is a high income economy with a high standard of living for its large population. Spain benefits from one of the most developed infrastructures in Europe that closely links it with the rest of Europe. The country was hit particularly hard by the late 2000s global recession but has since recovered with growth forecasts that are the highest of the major EU economies. The government has been committed to implanting labor and tax reforms that would attract greater investment after the financial downturn. Particular strong Spanish industries are construction, financial services, energy and retail.





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