The rank of Spain from the poorest is 158 and from the richest is 35 with gdp per capita using atlas method in 2003 being 16,990 $. In other methods gdp such as IMF,WB, and CIA using nominal method in 2007,2007,and 2008,
IMF.........................................................WB..............................................................CIA
rank/measure.....................................rank/measure................................................rank/measure
24/32,090..............................................22/31,846.......................................................23/35,576
Spain has the thirteenth largest economy by nominal GDP in the world, and fourteenth largest by purchasing power parity. The Spanish economy is the fifth-largest in the European Union, and the fourth-largest in the Eurozone, based on nominal GDP statistics. In 2012, Spain was the eighteenth-largest exporter in the world and the sixteenth-largest importer.
Spain is regarded as the world's 23rd most developed country and is listed among the countries of very high human development.However, since the GFC, the Spanish economy's recent macroeconomic performance has been poor. Between 2008 and 2012, the economic boom of the 2000s was reversed, leaving over a quarter of Spain's workforce unemployed by 2012. In 2012, the Spanish economy contracted by 1.4% and was in recession until Q3 of 2013.
Despite the poor recent performance of the Spanish economy generally, Spain's international trade situation has improved. In May 2013, Spain had a € 2.19 billion trade surplus with the rest of the European Union and a narrowing trade deficit globally, with exports rising 7.3% year-on-year in May of the same year.
Spain is a member of the European Union, the Organisation for Economic Co-operation and Development, and the World Trade Organisation.
Cuatro Torres Business Area in Madrid
| |
Rank | 13th (nominal) / 13th (PPP) |
---|---|
Currency | 1 Euro = 100 eurocent |
Fiscal year | Calendar year |
Trade organizations | EU, WTO and OECD |
Statistics | |
GDP | €1.063 trillion ($1.340 trillion)(2011)[1] |
GDP growth | -0.9% (2012)[2] |
GDP per capita |
$29,156 (PPP) (cia)
Nominal GDP = 30,124 (USD) ¡ |
GDP by sector | agriculture (2.3%), energy (2.3%), industry (11.7%), construction (10.0%), services(66.6%) (December 2009)[1] |
Inflation (CPI) | 2.9% (December 2012)[2] |
Gini coefficient | 34.0 (2011)[3] |
Labour force | 22.9 million (December 2012)[2] |
Labour force by occupation | services (70.7%), industry (14.1%), construction (9.9%), agriculture, farming and fishing (4.5%), energy (0.7%) (September 2009)[1] |
Unemployment | 26.83% (4,890,7928 people) (May 2013)[4][5] |
Average net salary | 18,679 € ($24,293.98) yearly[6] |
Main industries | machine tools, metals and metal manufactures, chemicals, pharmaceuticals,shipbuilding, automobiles, Tourism,[7][8]textiles and apparel (including footwear), food and beverages. |
Ease of doing business rank | 44th[9] |
External | |
Exports | €268.15 billion ($359.3 billion) F.O.B.(2011)[1] |
Export goods | Machinery, motor vehicles, chemicals,shipbuilding, foodstuffs, electronic devices,pharmaceuticals and medicines, otherconsumer goods |
Main export partners | France 16.8% Germany 10.8% Italy 7.7% Portugal 7.1% United Kingdom 6.5% (2012 est.)[10] |
Imports | €270.4 billion ($371.1 billion) (October 2009)[1] |
Import goods | Fuels, chemicals, semi-finished goods,foodstuffs, consumer goods, measuring and medical control instruments, machineryand equipment |
Main import partners | Germany 11.8% France 11.5% Italy 6.7% China 5.6% Netherlands 5.4% United Kingdom 4.1% (2012 est.)[11] |
FDI stock | $649.9 billion (31 December 2009 est.) |
Gross external debt |