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Europe :: Spain

- ## Introduction :: SPAIN

- Background:
  Spain's powerful world empire of the 16th and 17th centuries ultimately yielded command of the seas to England. Subsequent failure to embrace the mercantile and industrial revolutions caused the country to fall behind Britain, France, and Germany in economic and political power. Spain remained neutral in World War I and II but suffered through a devastating civil war (1936-39). A peaceful transition to democracy following the death of dictator Francisco FRANCO in 1975, and rapid economic modernization (Spain joined the EU in 1986) gave Spain a dynamic and rapidly growing economy and made it a global champion of freedom and human rights. More recently the government has focused on measures to reverse a severe economic recession that began in mid-2008. Austerity measures implemented to reduce a large budget deficit and reassure foreign investors have led to one of the highest unemployment rates in Europe. Spain assumed a nonpermanent seat on the UN Security Council for the 2015-16 term.

- ## Geography :: SPAIN

- Location:
  Southwestern Europe, bordering the Mediterranean Sea, North Atlantic Ocean, Bay of Biscay, and Pyrenees Mountains; southwest of France
  Geographic coordinates:
  40 00 N, 4 00 W
  Map references:
  Europe
  Area:
  total: 505,370 sq km
  land: 498,980 sq km
  water: 6,390 sq km
  note: there are two autonomous cities - Ceuta and Melilla - and 17 autonomous communities including Balearic Islands and Canary Islands, and three small Spanish possessions off the coast of Morocco - Islas Chafarinas, Penon de Alhucemas, and Penon de Velez de la Gomera
  country comparison to the world: 52
  Area - comparative:
  almost five times the size of Kentucky; slightly more than twice the size of Oregon
  Area comparison map:
  Land boundaries:
  total: 1,952.7 km
  border countries (5): Andorra 63 km, France 646 km, Gibraltar 1.2 km, Portugal 1,224 km, Morocco (Ceuta) 8 km, Morocco (Melilla) 10.5 km
  note: an additional 75-meter border segment exists between Morocco and the Spanish exclave of Penon de Velez de la Gomera
  Coastline:
  4,964 km
  Maritime claims:
  territorial sea: 12 nm
  contiguous zone: 24 nm
  exclusive economic zone: 200 nm (applies only to the Atlantic Ocean)
  Climate:
  temperate; clear, hot summers in interior, more moderate and cloudy along coast; cloudy, cold winters in interior, partly cloudy and cool along coast
  Terrain:
  large, flat to dissected plateau surrounded by rugged hills; Pyrenees Mountains in north
  Elevation extremes:
  lowest point: Atlantic Ocean 0 m
  highest point: Pico de Teide (Tenerife) on Canary Islands 3,718 m
  Natural resources:
  coal, lignite, iron ore, copper, lead, zinc, uranium, tungsten, mercury, pyrites, magnesite, fluorspar, gypsum, sepiolite, kaolin, potash, hydropower, arable land
  Land use:
  agricultural land: 54.1%
  arable land 24.9%; permanent crops 9.1%; permanent pasture 20.1%
  forest: 36.8%
  other: 9.1% (2011 est.)
  Irrigated land:
  34,700 sq km (2011)
  Total renewable water resources:
  111.5 cu km (2011)
  Freshwater withdrawal (domestic/industrial/agricultural):
  total: 32.46 cu km/yr (18%/22%/61%)
  per capita: 698.7 cu m/yr (2008)
  Natural hazards:
  periodic droughts, occasional flooding
  volcanism: volcanic activity in the Canary Islands, located off Africa's northwest coast; Teide (elev. 3,715 m) has been deemed a Decade Volcano by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; La Palma (elev. 2,426 m), which last erupted in 1971, is the most active of the Canary Islands volcanoes; Lanzarote is the only other historically active volcano
  Environment - current issues:
  pollution of the Mediterranean Sea from raw sewage and effluents from the offshore production of oil and gas; water quality and quantity nationwide; air pollution; deforestation; desertification
  Environment - international agreements:
  party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
  signed, but not ratified: Air Pollution-Persistent Organic Pollutants
  Geography - note:
  strategic location along approaches to Strait of Gibraltar; Spain controls a number of territories in northern Morocco including the enclaves of Ceuta and Melilla, and the islands of Penon de Velez de la Gomera, Penon de Alhucemas, and Islas Chafarinas

- ## People and Society :: SPAIN

- Nationality:
  noun: Spaniard(s)
  adjective: Spanish
  Ethnic groups:
  composite of Mediterranean and Nordic types
  Languages:
  Castilian Spanish (official) 74%, Catalan 17%, Galician 7%, and Basque 2%
  note: Catalan is official in Catalonia, the Balearic Islands, and the Valencian Community (where it is known as Valencian); in the northwest corner of Catalonia (Vall d'Aran), Aranese is official along with Catalan; Galician is official in Galicia; Basque is official in the Basque Country and in the Basque-speaking area of Navarre; Aragonese, Aranese Asturian, Basque, Calo, Catalan, Galician, and Valencian are recognized as regional languages under the European Charter for Regional or Minority Languages
  Religions:
  Roman Catholic 94%, other 6%
  Population:
  48,146,134 (July 2015 est.)
  country comparison to the world: 29
  Age structure:
  0-14 years: 15.45% (male 3,827,552/female 3,610,910)
  15-24 years: 9.56% (male 2,379,676/female 2,223,159)
  25-54 years: 45.57% (male 11,180,532/female 10,762,002)
  55-64 years: 11.67% (male 2,738,802/female 2,877,648)
  65 years and over: 17.75% (male 3,642,559/female 4,903,294) (2015 est.)
  population pyramid:
  Dependency ratios:
  total dependency ratio: 50.8%
  youth dependency ratio: 22.4%
  elderly dependency ratio: 28.3%
  potential support ratio: 3.5% (2015 est.)
  Median age:
  total: 42 years
  male: 40.8 years
  female: 43.2 years (2015 est.)
  Population growth rate:
  0.89% (2015 est.)
  country comparison to the world: 127
  Birth rate:
  9.64 births/1,000 population (2015 est.)
  country comparison to the world: 201
  Death rate:
  9.04 deaths/1,000 population (2015 est.)
  country comparison to the world: 68
  Net migration rate:
  8.31 migrant(s)/1,000 population (2015 est.)
  country comparison to the world: 13
  Urbanization:
  urban population: 79.6% of total population (2015)
  rate of urbanization: 0.52% annual rate of change (2010-15 est.)
  Major urban areas - population:
  MADRID (capital) 6.199 million; Barcelona 5.258 million; Valencia 810,000 (2015)
  Sex ratio:
  at birth: 1.07 male(s)/female
  0-14 years: 1.06 male(s)/female
  15-24 years: 1.07 male(s)/female
  25-54 years: 1.04 male(s)/female
  55-64 years: 0.95 male(s)/female
  65 years and over: 0.74 male(s)/female
  total population: 0.98 male(s)/female (2015 est.)
  Infant mortality rate:
  total: 3.3 deaths/1,000 live births
  male: 3.63 deaths/1,000 live births
  female: 2.96 deaths/1,000 live births (2015 est.)
  country comparison to the world: 211
  Life expectancy at birth:
  total population: 81.57 years
  male: 78.57 years
  female: 84.77 years (2015 est.)
  country comparison to the world: 21
  Total fertility rate:
  1.49 children born/woman (2015 est.)
  country comparison to the world: 197
  Contraceptive prevalence rate:
  65.7% (2006)
  Health expenditures:
  8.9% of GDP (2013)
  country comparison to the world: 26
  Physicians density:
  4.95 physicians/1,000 population (2013)
  Hospital bed density:
  3.1 beds/1,000 population (2011)
  Drinking water source:
  improved:
  urban: 100% of population
  rural: 100% of population
  total: 100% of population
  unimproved:
  urban: 0% of population
  rural: 0% of population
  total: 0% of population (2015 est.)
  Sanitation facility access:
  improved:
  urban: 99.8% of population
  rural: 100% of population
  total: 99.9% of population
  unimproved:
  urban: 0.2% of population
  rural: 0% of population
  total: 0.1% of population (2015 est.)
  HIV/AIDS - adult prevalence rate:
  0.42% (2013 est.)
  country comparison to the world: 73
  HIV/AIDS - people living with HIV/AIDS:
  150,400 (2013 est.)
  country comparison to the world: 32
  HIV/AIDS - deaths:
  800 (2013 est.)
  country comparison to the world: 70
  Obesity - adult prevalence rate:
  26.5% (2014)
  country comparison to the world: 45
  Education expenditures:
  5% of GDP (2011)
  country comparison to the world: 80
  Literacy:
  definition: age 15 and over can read and write
  total population: 98.1%
  male: 98.7%
  female: 97.5% (2015 est.)
  School life expectancy (primary to tertiary education):
  total: 17 years
  male: 17 years
  female: 18 years (2012)
  Unemployment, youth ages 15-24:
  total: 53.2%
  male: 54.4%
  female: 51.8% (2012 est.)
  country comparison to the world: 5

- ## Government :: SPAIN

- Country name:
  conventional long form: Kingdom of Spain
  conventional short form: Spain
  local long form: Reino de Espana
  local short form: Espana
  Government type:
  parliamentary monarchy
  Capital:
  name: Madrid
  geographic coordinates: 40 24 N, 3 41 W
  time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
  daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
  note: Spain has two time zones including the Canary Islands
  Administrative divisions:
  17 autonomous communities (comunidades autonomas, singular - comunidad autonoma) and 2 autonomous cities* (ciudades autonomas, singular - ciudad autonoma); Andalucia; Aragon; Asturias; Canarias (Canary Islands); Cantabria; Castilla-La Mancha; Castilla-Leon; Cataluna (Castilian), Catalunya (Catalan), Catalonha (Aranese) [Catalonia]; Ceuta*; Comunidad Valenciana (Castilian), Comunitat Valenciana (Valencian) [Valencian Community]; Extremadura; Galicia; Illes Baleares (Balearic Islands); La Rioja; Madrid; Melilla*; Murcia; Navarra (Castilian), Nafarroa (Basque) [Navarre]; Pais Vasco (Castilian), Euskadi (Basque) [Basque Country]
  note: the autonomous cities of Ceuta and Melilla plus three small islands of Islas Chafarinas, Penon de Alhucemas, and Penon de Velez de la Gomera, administered directly by the Spanish central government, are all along the coast of Morocco and are collectively referred to as Places of Sovereignty (Plazas de Soberania)
  Independence:
  1492; the Iberian peninsula was characterized by a variety of independent kingdoms prior to the Muslim occupation that began in the early 8th century A.D. and lasted nearly seven centuries; the small Christian redoubts of the north began the reconquest almost immediately, culminating in the seizure of Granada in 1492; this event completed the unification of several kingdoms and is traditionally considered the forging of present-day Spain
  National holiday:
  National Day, 12 October (1492); year when Columbus first set foot in the Americas
  Constitution:
  previous 1812; latest approved by legislature 31 October 1978, passed by referendum 6 December 1978, signed by the king 27 December 1978, effective 29 December 1978; amended 1992, 2011 (2013)
  Legal system:
  civil law system with regional variations
  International law organization participation:
  accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
  Suffrage:
  18 years of age; universal
  Executive branch:
  chief of state: King FELIPE VI (since 19 June 2014); Heir Apparent Princess Leonor, daughter of the monarch, born 31 October 2005
  head of government: President of the Government or Prime Minister Mariano RAJOY (since 20 December 2011); Vice President (and Minister of the President's Office) Soraya SAENZ DE SANTAMARIA (since 22 December 2011)
  cabinet: Council of Ministers designated by the president
  elections/appointments: the monarchy is hereditary; following legislative elections, the leader of the majority party or majority coalition usually proposed as president by the monarch and indirectly elected by the National Assembly; election last held on 20 November 2011 (next to be held in November 2015); vice president and Council of Ministers appointed by the president
  election results: Mariano RAJOY (PP) elected President of the Government; percent of National Assembly vote - 44.6%
  note: there is also a Council of State that is the supreme consultative organ of the government, but its recommendations are non-binding
  Legislative branch:
  description: bicameral General Courts or Las Cortes Generales consists of the Senate or Senado (257 seats as of 2013; 208 members directly elected in multi-seat constituencies by simple majority vote and 49 appointed by the regional legislatures; members serve 4-year terms) and the Congress of Deputies or Congreso de los Diputados (350 seats; 348 members directly elected in 50 multi-seat constituencies by proportional representation vote and 2 directly elected from the North African Ceuta and Melilla enclaves by simple majority vote; members serve 4-year terms)
  elections: Senate - last held on 20 November 2011 (next to be held by end of 2015); Congress of Deputies - last held on 20 November 2011 (next to be held by end of 2015)
  election results: Senate - percent of vote by party - NA; seats by party - PP 136, PSOE 48, CiU 9, Entesa (PSC-PSOE) 7, EAJ/PNV 4, other 4, members appointed by regional legislatures 49; Congress of Deputies - percent of vote by party - PP 44.6%, PSOE 28.8%, CiU 4.2%, IU 6.9%, Amaiur 1.4%, UPyD 4.7%, EAJ/PNV 1.3%, other 8.1%; seats by party - PP 186, PSOE 110, CiU 16, IU 11, Amaiur 7, UPyD 5, EAJ/PNV 5, other 10
  Judicial branch:
  highest court(s): Supreme Court or Tribunal Supremo (consists of the court president and organized into the Civil Room with a president and 9 magistrates, the Penal Room with a president and 14 magistrates, the Administrative Room with a president and 32 magistrates, the Social Room with a president and 12 magistrates, and the Military Room with a president and 7 magistrates); Constitutional Court or Tribunal Constitucional de Espana (consists of 12 judges)
  judge selection and term of office: Supreme Court judges appointed by the monarch from candidates proposed by the General Council of the Judicial Power, a 20-member governing board chaired by the monarch and includes presidential appointees, and lawyers and jurists confirmed by the National Assembly; judge tenure NA; Constitutional Court judges nominated by the General Assembly, executive branch, and the General Council of the Judiciary, and appointed by the monarch for 9-year terms
  subordinate courts: National Court; High Courts of Justice (in each of the autonomous communities); provincial courts; courts of first instance
  Political parties and leaders:
  Amaiur [collective leadership] (a separatist political coalition that advocates Basque independence from Spain)
  Basque Nationalist Party or PNV or EAJ [Anoni ORTUZAR]
  Canarian Coalition or CC [Claudina MORALES Rodriquez] (a coalition of five parties)
  Ciutadans [Albert Rivera] (an anti-separatist Catalan party)
  Convergence and Union or CiU [Artur MAS i Gavarro] (a coalition of the Democratic Convergence of Catalonia or CDC [Artur MAS i Gavarro] and the Democratic Union of Catalonia or UDC [Josep Antoni DURAN i LLEIDA])
  Entesa Catalonia de Progress [Carles BONET i Reves] (a Senate coalition grouping four Catalan parties - PSC, ERC, ICV, EUA)
  Galician Nationalist Bloc or BNG [Xavier VENCE]
  Initiative for Catalonia Greens or ICV [Joan HERRERA i Torres and Dolors CAMATS]
  Popular Party or PP [Mariano RAJOY Brey]
  Republican Left of Catalonia or ERC [Oriol JUNQUERAS i Vies]
  Spanish Socialist Workers Party or PSOE [Pedro SANCHEZ]
  Union of People of Navarra or UPN [Yolanda BARCINA Angulo]
  Union, Progress and Democracy or UPyD [Rosa DIEZ Gonzalez]
  United Left or IU [Cayo LARA Moya] (a coalition of parties including the Communist Party of Spain or PCE and other small parties)
  Yes to the Future or Geroa Bai [Uxue BARKOS] (a coalition of four Navarran parties)
  Political pressure groups and leaders:
  Association for Victims of Terrorism or AVT (grassroots organization devoted primarily to supporting victims of the Basque Fatherland and Liberty (ETA) terrorist organization)
  Catholic Church
  15-M or 15 May protest movement, also known as the Indignados, Spanish for the "indignant ones" (a loose association of grassroots organizations that advocate for greater accountability and transparency in Spanish politics, increased social justice and job creation)
  Socialist General Union of Workers or UGT (includes the smaller independent Workers Syndical Union or USO)
  Trade Union Confederation of Workers' Commissions or CC.OO.
  Spanish Confederation of Employers' Organizations or CEOE
  other: business and landowning interests; free labor unions (authorized in April 1977); university students
  International organization participation:
  ADB (nonregional member), AfDB (nonregional member), Arctic Council (observer), Australia Group, BCIE, BIS, CAN (observer), CBSS (observer), CD, CE, CERN, EAPC, EBRD, ECB, EIB, EITI (implementing country), EMU, ESA, EU, FAO, FATF, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAIA (observer), MIGA, NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Pacific Alliance (observer), Paris Club, PCA, PIF (partner), Schengen Convention, SELEC (observer), SICA (observer), UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, Union Latina, UNOCI, UNRWA, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC
  Diplomatic representation in the US:
  chief of mission: Ambassador Ramon GIL-CASARES Satrustegui (since 5 June 2012)
  chancery: 2375 Pennsylvania Avenue NW, Washington, DC 20037
  telephone: [1] (202) 452-0100, 728-2340
  FAX: [1] (202) 833-5670
  consulate(s) general: Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco, San Juan (Puerto Rico)
  Diplomatic representation from the US:
  chief of mission: Ambassador James COSTOS (since 24 September 2013); note - also accredited to Andorra
  embassy: Serrano 75, 28006 Madrid
  mailing address: PSC 61, APO AE 09642
  telephone: [34] (91) 587-2200
  FAX: [34] (91) 587-2303
  consulate(s) general: Barcelona
  Flag description:
  three horizontal bands of red (top), yellow (double width), and red with the national coat of arms on the hoist side of the yellow band; the coat of arms is quartered to display the emblems of the traditional kingdoms of Spain (clockwise from upper left, Castile, Leon, Navarre, and Aragon) while Granada is represented by the stylized pomegranate at the bottom of the shield; the arms are framed by two columns representing the Pillars of Hercules, which are the two promontories (Gibraltar and Ceuta) on either side of the eastern end of the Strait of Gibraltar; the red scroll across the two columns bears the imperial motto of "Plus Ultra" (further beyond) referring to Spanish lands beyond Europe; the triband arrangement with the center stripe twice the width of the outer dates to the 18th century
  note: the red and yellow colors are related to those of the oldest Spanish kingdoms: Aragon, Castile, Leon, and Navarre
  National symbol(s):
  Pillars of Hercules; national colors: red, yellow
  National anthem:
  name: "Himno Nacional Espanol" (National Anthem of Spain)
  lyrics/music: no lyrics/unknown
  note: officially in use between 1770 and 1931, restored in 1939; the Spanish anthem is the first anthem to be officially adopted, but it has no lyrics; in the years prior to 1931 it became known as "Marcha Real" (The Royal March); it first appeared in a 1761 military bugle call book and was replaced by "Himno de Riego" in the years between 1931 and 1939; the long version of the anthem is used for the king, while the short version is used for the prince, prime minister, and occasions such as sporting events

- ## Economy :: SPAIN

- Economy - overview:
  After experiencing a prolonged recession in the wake of the global financial crisis that began in 2008, in 2014 Spain marked the first full year of positive economic growth in seven years, largely due to increased private consumption. At the onset of the global financial crisis Spain's GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. In 2013 the government successfully shored up struggling banks - exposed to the collapse of Spain's depressed real estate and construction sectors - and in January 2014 completed an EU-funded restructuring and recapitalization program.
  Until 2014, credit contraction in the private sector, fiscal austerity, and high unemployment weighed on domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 23.7% in 2014. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to just under 7% of GDP in 2013-14, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to more than 97% in 2014.
  Exports were resilient throughout the economic downturn and helped to bring Spain's current account into surplus in 2013 for the first time since 1986, where it remained in 2014. Rising labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have helped to improve foreign investor interest in the economy and positive FDI flows have been restored.
  The government's efforts to implement labor, pension, health, tax, and education reforms - aimed at supporting investor sentiment - have become overshadowed by political activity in 2015 in anticipation of the national parliamentary elections in November. Spain’s 2015 budget, published in September 2014, rolls back some recently imposed taxes in advance of the elections and leaves untouched the country’s value-added tax (VAT) regime, which continues to generate significantly lower revenue than the EU average. Spain’s borrowing costs are dramatically lower since their peak in mid-2012, and despite the recent uptic in economic activity, inflation has dropped sharply, from 1.5% in 2013 to nearly flat in 2014.
  GDP (purchasing power parity):
  $1.566 trillion (2014 est.)
  $1.545 trillion (2013 est.)
  $1.564 trillion (2012 est.)
  note: data are in 2014 US dollars
  country comparison to the world: 17
  GDP (official exchange rate):
  $1.407 trillion (2014 est.)
  GDP - real growth rate:
  1.4% (2014 est.)
  -1.2% (2013 est.)
  -2.1% (2012 est.)
  country comparison to the world: 174
  GDP - per capita (PPP):
  $33,700 (2014 est.)
  $33,200 (2013 est.)
  $33,700 (2012 est.)
  note: data are in 2014 US dollars
  country comparison to the world: 51
  Gross national saving:
  19.6% of GDP (2014 est.)
  20.4% of GDP (2013 est.)
  19.9% of GDP (2012 est.)
  country comparison to the world: 92
  GDP - composition, by end use:
  household consumption: 59.1%
  government consumption: 19.4%
  investment in fixed capital: 18%
  investment in inventories: 0.3%
  exports of goods and services: 31.8%
  imports of goods and services: -28.7%
  (2014 est.)
  GDP - composition, by sector of origin:
  agriculture: 3.2%
  industry: 25.4%
  services: 71.4% (2014 est.)
  Agriculture - products:
  grain, vegetables, olives, wine grapes, sugar beets, citrus; beef, pork, poultry, dairy products; fish
  Industries:
  textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools, tourism, clay and refractory products, footwear, pharmaceuticals, medical equipment
  Industrial production growth rate:
  -0.3% (2014 est.)
  country comparison to the world: 173
  Labor force:
  23.03 million (2014 est.)
  country comparison to the world: 29
  Labor force - by occupation:
  agriculture: 2.9%
  industry: 15%
  services: 58.4% (2014 est.)
  Unemployment rate:
  24.5% (2014 est.)
  26.1% (2013 est.)
  country comparison to the world: 172
  Population below poverty line:
  21.1% (2012 est.)
  Household income or consumption by percentage share:
  lowest 10%: 2.5%
  highest 10%: 24% (2011)
  Distribution of family income - Gini index:
  34 (2011)
  32 (2005)
  country comparison to the world: 96
  Budget:
  revenues: $529.7 billion
  expenditures: $608.8 billion (2014 est.)
  Taxes and other revenues:
  37.8% of GDP (2014 est.)
  country comparison to the world: 48
  Budget surplus (+) or deficit (-):
  -5.6% of GDP (2014 est.)
  country comparison to the world: 178
  Public debt:
  97.7% of GDP (2014 est.)
  91.6% of GDP (2013 est.)
  country comparison to the world: 15
  Fiscal year:
  calendar year
  Inflation rate (consumer prices):
  -0.2% (2014 est.)
  1.5% (2013 est.)
  country comparison to the world: 23
  Central bank discount rate:
  0.05% (10 September 2014)
  0.25% (13 November 2013)
  note: this is the European Central Bank's rate on the marginal lending facility, which offers overnight credit to banks in the euro area
  country comparison to the world: 152
  Commercial bank prime lending rate:
  9.4% (31 December 2014 est.)
  9.34% (31 December 2013 est.)
  country comparison to the world: 91
  Stock of narrow money:
  $876.9 billion (31 December 2014 est.)
  $854 billion (31 December 2013 est.)
  note: see entry for the European Union for money supply for the entire euro area; the European Central Bank (ECB) controls monetary policy for the 18 members of the Economic and Monetary Union (EMU); individual members of the EMU do not control the quantity of money circulating within their own borders
  country comparison to the world: 8
  Stock of broad money:
  $2.01 trillion (31 December 2014 est.)
  $2.13 trillion (31 December 2013 est.)
  country comparison to the world: 9
  Stock of domestic credit:
  $2.611 trillion (31 December 2014 est.)
  $2.902 trillion (31 December 2013 est.)
  country comparison to the world: 10
  Market value of publicly traded shares:
  $995.1 billion (31 December 2012 est.)
  $1.031 trillion (31 December 2011)
  $1.172 trillion (31 December 2010 est.)
  country comparison to the world: 16
  Current account balance:
  $1.598 billion (2014 est.)
  $10.67 billion (2013 est.)
  country comparison to the world: 24
  Exports:
  $317.3 billion (2014 est.)
  $311.4 billion (2013 est.)
  country comparison to the world: 22
  Exports - commodities:
  machinery, motor vehicles; foodstuffs, pharmaceuticals, medicines, other consumer goods
  Exports - partners:
  France 16.2%, Germany 10.7%, Portugal 7.6%, Italy 7.3%, UK 7.1% (2014)
  Imports:
  $337.9 billion (2014 est.)
  $326.5 billion (2013 est.)
  country comparison to the world: 17
  Imports - commodities:
  machinery and equipment, fuels, chemicals, semi-finished goods, foodstuffs, consumer goods, measuring and medical control instruments
  Imports - partners:
  Germany 13.4%, France 11.9%, Italy 6.2%, China 6.1%, Netherlands 4.8%, UK 4.4% (2014)
  Reserves of foreign exchange and gold:
  $46.31 billion (31 December 2013 est.)
  country comparison to the world: 44
  Debt - external:
  $2.278 trillion (31 December 2012 est.)
  $2.269 trillion (31 December 2011)
  country comparison to the world: 10
  Stock of direct foreign investment - at home:
  $851.2 billion (31 December 2014 est.)
  $801.8 billion (31 December 2013 est.)
  country comparison to the world: 11
  Stock of direct foreign investment - abroad:
  $770.8 billion (31 December 2014 est.)
  $729.3 billion (31 December 2013 est.)
  country comparison to the world: 13
  Exchange rates:
  euros (EUR) per US dollar -
  0.7489 (2014 est.)
  0.7634 (2013 est.)
  0.78 (2012 est.)
  0.7185 (2011 est.)
  0.755 (2010 est.)

- ## Energy :: SPAIN

- Electricity - production:
  276.5 billion kWh (2012 est.)
  country comparison to the world: 15
  Electricity - consumption:
  243.9 billion kWh (2011 est.)
  country comparison to the world: 14
  Electricity - exports:
  17 billion kWh (2013 est.)
  country comparison to the world: 11
  Electricity - imports:
  10.21 billion kWh (2013 est.)
  country comparison to the world: 23
  Electricity - installed generating capacity:
  102.3 million kW (2014 est.)
  country comparison to the world: 11
  Electricity - from fossil fuels:
  43% of total installed capacity (2014 est.)
  country comparison to the world: 167
  Electricity - from nuclear fuels:
  7.7% of total installed capacity (2014 est.)
  country comparison to the world: 21
  Electricity - from hydroelectric plants:
  19.6% of total installed capacity (2014 est.)
  country comparison to the world: 94
  Electricity - from other renewable sources:
  30% of total installed capacity (2014 est.)
  country comparison to the world: 6
  Crude oil - production:
  7,340 bbl/day (2013 est.)
  country comparison to the world: 85
  Crude oil - exports:
  0 bbl/day (2012 est.)
  country comparison to the world: 185
  Crude oil - imports:
  1.178 million bbl/day (2012 est.)
  country comparison to the world: 8
  Crude oil - proved reserves:
  150 million bbl (1 January 2014 est.)
  country comparison to the world: 65
  Refined petroleum products - production:
  1.261 million bbl/day (2012 est.)
  country comparison to the world: 18
  Refined petroleum products - consumption:
  1.205 million bbl/day (2013 est.)
  country comparison to the world: 19
  Refined petroleum products - exports:
  404,200 bbl/day (2012 est.)
  country comparison to the world: 17
  Refined petroleum products - imports:
  390,200 bbl/day (2012 est.)
  country comparison to the world: 16
  Natural gas - production:
  56 million cu m (2013 est.)
  country comparison to the world: 85
  Natural gas - consumption:
  29.98 billion cu m (2013 est.)
  country comparison to the world: 32
  Natural gas - exports:
  5.426 billion cu m (2013 est.)
  country comparison to the world: 30
  Natural gas - imports:
  34.99 billion cu m (2013 est.)
  country comparison to the world: 10
  Natural gas - proved reserves:
  2.548 billion cu m (1 January 2014 est.)
  country comparison to the world: 97
  Carbon dioxide emissions from consumption of energy:
  312.4 million Mt (2012 est.)
  country comparison to the world: 20

- ## Communications :: SPAIN

- Telephones - fixed lines:
  total subscriptions: 19.09 million
  subscriptions per 100 inhabitants: 40 (2014 est.)
  country comparison to the world: 16
  Telephones - mobile cellular:
  total: 50.8 million
  subscriptions per 100 inhabitants: 106 (2014 est.)
  country comparison to the world: 30
  Telephone system:
  general assessment: well-developed, modern facilities; fixed-line teledensity exceeds 40 per 100 persons
  domestic: combined fixed-line and mobile-cellular teledensity exceeds 150 telephones per 100 persons
  international: country code - 34; submarine cables provide connectivity to Europe, Middle East, Asia, and US; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), NA Eutelsat; tropospheric scatter to adjacent countries (2011)
  Broadcast media:
  a mixture of both publicly operated and privately owned TV and radio stations; overall, hundreds of TV channels are available including national, regional, local, public, and international channels; satellite and cable TV systems available; multiple national radio networks, a large number of regional radio networks, and a larger number of local radio stations; overall, hundreds of radio stations (2008)
  Radio broadcast stations:
  AM 18, FM 250, shortwave 2 (2008)
  Television broadcast stations:
  379 (2008)
  Internet country code:
  .es
  Internet users:
  total: 35.5 million
  percent of population: 74.4% (2014 est.)
  country comparison to the world: 20

- ## Transportation :: SPAIN

- Airports:
  150 (2013)
  country comparison to the world: 38
  Airports - with paved runways:
  total: 99
  over 3,047 m: 18
  2,438 to 3,047 m: 14
  1,524 to 2,437 m: 19
  914 to 1,523 m: 24
  under 914 m: 24 (2013)
  Airports - with unpaved runways:
  total: 51
  1,524 to 2,437 m: 2
  914 to 1,523 m: 13
  under 914 m:
  36 (2013)
  Heliports:
  10 (2013)
  Pipelines:
  gas 10,481 km; oil 616 km; refined products 3,461 km (2013)
  Railways:
  total: 16,101.5 km
  broad gauge: 11,873 km 1.668-m gauge (6,488 km electrified)
  standard gauge: 2,312 km 1.435-m gauge (2,312 km electrified)
  narrow gauge: 1,884.9 km 1.000-m gauge (807 km electrified); 28 km 0.914-m gauge (28 km electrified); 3.6 km 0.600-m gauge (2014)
  country comparison to the world: 19
  Roadways:
  total: 683,175 km
  paved: 683,175 km (includes 16,205 km of expressways) (2011)
  country comparison to the world: 11
  Waterways:
  1,000 km (2012)
  country comparison to the world: 63
  Merchant marine:
  total: 132
  by type: bulk carrier 7, cargo 19, chemical tanker 8, container 5, liquefied gas 12, passenger/cargo 43, petroleum tanker 18, refrigerated cargo 4, roll on/roll off 9, vehicle carrier 7
  foreign-owned: 27 (Canada 4, Germany 4, Italy 1, Mexico 1, Norway 10, Russia 6, Switzerland 1)
  registered in other countries: 103 (Angola 1, Argentina 3, Bahamas 6, Brazil 12, Cabo Verde 1, Cyprus 6, Ireland 1, Malta 8, Morocco 9, Panama 30, Peru 1, Portugal 18, Uruguay 5, Venezuela 1, unknown 1) (2010)
  country comparison to the world: 44
  Ports and terminals:
  major seaport(s): Algeciras, Barcelona, Bilbao, Cartagena, Huelva, Tarragona, Valencia (all in Spain); Las Palmas, Santa Cruz de Tenerife (in the Canary Islands)
  container port(s) (TEUs): Algeciras (3,608,301), Barcelona (2,033,747), Valencia (4,327,371); Las Palmas (1,287,389)
  LNG terminal(s) (import): Barcelona, Bilbao, Cartagena, Huelva, Mugardos, Sagunto

- ## Military :: SPAIN

- Military branches:
  Spanish Armed Forces: Army (Ejercito de Tierra), Spanish Navy (Armada Espanola, AE; includes Marine Corps), Spanish Air Force (Ejercito del Aire Espanola, EdA) (2013)
  Military service age and obligation:
  18-26 years of age for voluntary military service by a Spanish citizen or legal immigrant, 2-3 year obligation; women allowed to serve in all SAF branches, including combat units; no conscription, but Spanish Government retains right to mobilize citizens 19-25 years of age in a national emergency; mandatory retirement of non-NCO enlisted personnel at age 45 or 58, depending on service length (2013)
  Manpower available for military service:
  males age 16-49: 11,759,557
  females age 16-49: 11,204,688 (2010 est.)
  Manpower fit for military service:
  males age 16-49: 9,603,939
  females age 16-49: 9,116,928 (2010 est.)
  Manpower reaching militarily significant age annually:
  male: 217,244
  female: 205,278 (2010 est.)
  Military expenditures:
  0.86% of GDP (2012)
  0.95% of GDP (2011)
  0.86% of GDP (2010)
  country comparison to the world: 110

- ## Transnational Issues :: SPAIN

- Disputes - international:
  in 2002, Gibraltar residents voted overwhelmingly by referendum to reject any "shared sovereignty" arrangement; the Government of Gibraltar insists on equal participation in talks between the UK and Spain; Spain disapproves of UK plans to grant Gibraltar greater autonomy; Morocco protests Spain's control over the coastal enclaves of Ceuta, Melilla, and the islands of Penon de Velez de la Gomera, Penon de Alhucemas, and Islas Chafarinas, and surrounding waters; both countries claim Isla Perejil (Leila Island); Morocco serves as the primary launching site of illegal migration into Spain from North Africa; Portugal does not recognize Spanish sovereignty over the territory of Olivenza based on a difference of interpretation of the 1815 Congress of Vienna and the 1801 Treaty of Badajoz
  Refugees and internally displaced persons:
  stateless persons: 270 (2014)
  Illicit drugs:
  despite rigorous law enforcement efforts, North African, Latin American, Galician, and other European traffickers take advantage of Spain's long coastline to land large shipments of cocaine and hashish for distribution to the European market; consumer for Latin American cocaine and North African hashish; destination and minor transshipment point for Southwest Asian heroin; money-laundering site for Colombian narcotics trafficking organizations and organized crime

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