Global news and insight for corporate financial professionals
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Spain economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Spain best banks and safest banks are also available.
COUNTRY REPORT
Although the hardships are far from over, the Spanish economy and banking system may finally be on the mend, with three components interrelating in a virtuous cycle: rebounding exports, rising consumer confidence, and a commitment to reform geared toward economic adjustments.
USD 53.1 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
USD 1,303.0 billion (2017, estimate)
Intl$ 1,763.4 billion (2017, estimate)
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 4.2% | 3.8% | 1.1% | -3.6% | 0% | -1% | -2.6% |
| 2013 | 2014 | 2015 | 2016* | 2017* | ||
| -1.7% | 1.4% | 3.2% | 3.1% | 2.2% |
*Estimate
USD 28,147.8 (2017, estimate)
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 2.28% | 2.22% | 1.98% | 1.66% | 1.4% |
*Estimate
(2016 estimate)
1.2% (2014)
OECD, data retrieved January 2017
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 1.4% | -0.1% | -0.5% | -0.3% | 1.0% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 26.10% | 24.4% | 22.1% | 19.4% | 18.0% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 93.7% | 99.3% | 99.3% | 100.1% | 100.2% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| -6.9% | -5.9% | -5.1% | -4.5% | -3.1% |
*Estimate
Standard & Poor's: BBB+
Moody's: Baa2
Standard & Poor's / Moody's (Updated January 2017)
| 2013 | 2014 | 2015 |
| USD 1116.6 billion | USD 992.9 billion | USD 787.2 billion |
Banco Santander, Telefónica, BBVA-Banco Bilbao Vizcaya, Iberdrola, Gas Natural Fenosa, Inditex, CaixaBank, Grupo ACS, Mapfre, Banco de Sabadell, Repsol, Ferrovial, Bankia, Aena, Amadeus IT Holdings, Abertis, Bankinter, Banco Popular Espanol, Grifols, Red Eléctrica, Acciona, DIA, Liberbank, FCC, Enagas, Bolsas & Mercados.
1.7% (2017 estimate)
33.1% (2015)
1.7% (2015)
2.5% (2015)
Machinery, motor vehicles; foodstuffs, pharmaceuticals, medicines, other consumer goods
Machinery and equipment, fuels, chemicals, semi-finished goods, foodstuffs, consumer goods, measuring and medical control instruments
France 15.7%, Germany 11%, Italy 7.4%, UK 7.4%, Portugal 7.1%, US 4.5% (2015)
Germany 14.4%, France 11.7%, China 7.1%, Italy 6.5%, Netherlands 5%, UK 4.9% (2015)
| 2013 | 2014 | 2015 |
| USD 32,935 million | USD 22,891 million | USD 9,243 million |
| 2013 | 2014 | 2015 |
| USD 13,814 million | USD 35,304 million | USD 34,586 million |
| 2012 | 2013 | 2014 | 2015 |
| USD -1621.2 million | USD -7377.5 million | USD 4766.4 million | USD 16715.3 million |
Vodafone Holdings Europe SLU, Grupo Corporativo ONO SA, Spain, USD 10.0 billion / Banco Santander SA, Banco Santander(Brasil)SA, Brazil, USD 3.3 billion
(for a monthly update on M&A; click here )
Repsol SA, Talisman Energy Inc, Canada, USD 8.3 billion
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 32 out of 190 countries (2017)
Subcategories:
Starting a business: 85 out of 190 countries
Enforcing Contracts: 29 out of 190 countries
Registering Property: 50 out of 190 countries
Getting Credit: 62 out of 190 countries
Protecting Minority Investors: 32 out of 190 countries
Trading Across Borders: 1 out of 190 countries
Paying Taxes: 37 out of 190 countries
Dealing with Construction Permits: 113 out of 190 countries
Getting Electricity: 78 out of 190 countries
Resolving Insolvency: 18 out of 190 countries
32 out of 138 countries
(2016-2017)
Ranking: 43 / Score: 68.48 (Moderately free) (2016)
(100=totally free 0=totally repressed )
Castilian Spanish (official nationwide) 74%, Catalan (official in Catalonia, the Balearic Islands, and the Valencian Community (where it is known as Valencian)) 17%, Galician (official in Galicia) 7%, Basque (official in the Basque Country and in the Basque-speaking area of Navarre) 2%, Aranese (official in the northwest corner of Catalonia (Vall d'Aran) along with Catalan; <5,000 speakers)
Note: Aragonese, Aranese Asturian, Basque, Calo, Catalan, Galician, and Valencian are recognized as regional languages under the European Charter for Regional or Minority Languages
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 38.837 million | 40.264 million | 46.562 million | 46.356 million | 46.024 million |
*Estimate
| 1960 | 1980 | 2000 | 2015 |
| 57% | 73% | 76% | 80% |
Total population: 98.1%
Male: 98.7%
Female: 97.5% (2015 est.)
(age 15 and over can read and write)
35.9 (2012)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 41.52% Mobile 108.20% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)
Madrid: 105th Barcelona: 110th (2016)