Talk:Economy of Spain
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[edit] Library of Congress
The following is from the [Library of Congress Country Studies]. — Miguel 17:34, 2004 May 16 (UTC)
- Spain
- ECONOMY
- Gross Domestic Product (GDP): US$340.1 billion in 1988 (US$8,702 per capita). Economy stagnant during late 1970s and first half of the 1980s, but real gross domestic product (GDP--see Glossary) growth averaged 3.3 percent in 1986 and 5.5 percent in 1987, roughly double the West European rate.
- Agriculture: Made up about 5 percent of GDP in 1988 and employed about 15 percent of population. Very important producer of citrus fruits, olive oil, vegetables, and wine. Agricultural products made up more than 15 percent of country's exports. Productive and modern farming along southern and eastern coasts able to meet foreign competition. Small antiquated farms of northwestern region threatened by Spain's membership in European Community (EC--see Glossary).
- Industry: Made up about 30 percent of GDP and employed about one-third of work force in late 1980s. Consisted of unprofitable heavy industry segment, mainly government-owned, and profitable chemical and manufacturing components that accounted for most of Spain's exports.
- Services: Accounted for about half of GDP in 1988. Tourism vital to the economy, and it alone made up about a tenth of GDP. In 1987 more than 50 million foreign tourists visited Spain.
~Imports: US$49.1 billion in 1987. Because of a surging economy, approximately one-fourth of this amount consisted of capital goods and about one-fifth of consumer goods. Fuels made up approximately one-sixth.
- Exports: US$34.2 billion in 1987. Raw materials, chemicals, and unfinished goods made up about one-third of this amount, as did non-food consumer goods, most notably cars and trucks. Agricultural products and wine supplied about one-sixth of total exports.
- Major Trade Partners: In 1987 63.8 percent of Spain's exports went to the EC, which it supplied Spain with 54.6 of its imports. France was single biggest buyer of Spanish exports, taking 18.9 percent in 1987. Federal Republic of Germany (West Germany) most important exporter to Spain, supplying 16.1 percent that year. United States accounted, respectively, for 8.3 and 8.1 of Spain's imports and exports.
- Balance of Payments: Spain without a positive merchandise balance since 1960. However, large earnings from tourism and remittances from Spaniards working abroad guaranteed a positive current account balance up through 1987.
- General Economic Conditions: Strong growth since mid-1980s and controlled inflation made Spain's economy one of Western Europe's healthiest. Full membership in EC posed a threat for weaker sectors of the economy, both industrial and agricultural. Spain had long had Western Europe's highest unemployment rate, more than 20 percent.
- Exchange Rate: In March 1988, 113.49 pesetas (see Glossary) to US$1.
- Fiscal year: Calendar year.
- Data as of December 1988
[edit] Real State market
I would suggest expanding the effects caused by the situation of the real state market in Spain. This bas led to a disastrous situation in many places, and the reduction in the average purchasing power
[edit] GDP
I have updated GDP and GDP growth rates using information from the International Monetary Fund. --JDnCoke 18:49, 22 September 2005 (UTC)
[edit] Peer review requested for Madrid article
A Peer review has been requested for Madrid, the article about the capital city of Spain. Please feel free to edit the Madrid article to improve it and/or leave a comment at Wikipedia:Peer_review#Madrid. EspanaViva 19:04, 7 March 2007 (UTC)
[edit] Fair use rationale for Image:€2 commemorative coin Spain 2007 TOR.jpg
Image:€2 commemorative coin Spain 2007 TOR.jpg is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.
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BetacommandBot 02:37, 6 September 2007 (UTC)
[edit] editting table
Sorry for the less than smart question, but...where's the "edit" button in this table? I'm ready to update indicators with newer figures, but I just can't find how to edit it
| Economy of Spain | |
| Currency | 1 Euro = 100 eurocent |
|---|---|
| Fiscal year | Calendar year |
| Trade organizations | EU, WTO and OECD |
| Statistics | |
| GDP (PPP) | 1.362 trillion (2007 est.) (13th) |
| GDP growth | 2.4% (2008 est.) |
| GDP per capita | $33,700 (2007 est.) |
| GDP by sector | agriculture (3.8%), industry (29.4%), services (66.8%) (2007 est.) |
| Inflation (CPI) | 4.3% (Jan. 2008) |
| Population below poverty line |
19.8% (2005) |
| Gini index | 32% (2005) |
| Labour force | 22.01 million (2007 est.) |
| Labour force by occupation |
services (64.6%), manufacturing, mining and construction (30.1%), agriculture (5.3%) (2005 est.) |
| Unemployment | 8.6% (Dec. 2007) |
| Main industries | Tourism, textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools. |
| External | |
| Exports | $248.3 billion F.O.B. (2007 est.) |
| Export goods | Machinery, motor vehicles, foodstuffs, other consumer goods |
| Main export partners | France 18.8%, Germany 11%, Portugal 9%, Italy 8.6%, UK 8% U.S. 4.4% (2006) |
| Imports | $289.8 billion (2006 est.) |
| Import goods | Machinery and equipment, fuels, chemicals, semifinished goods, foodstuffs, consumer goods (1997) |
| Main import partners | Germany 14.8%, France 13.4% Italy 8.3%, UK 5.2%, Netherlands 4.9%, China 4.6% (2006) |
| Public finances | |
| Public debt | $970.7 billion (2005) |
| Revenues | $440.9 billion (2005) |
| Expenses | $448.4 billion (2005) |
| Economic aid | $1.33 billion (donor) (1999) |
| Main data source: CIA World Factbook All values, unless otherwise stated, are in US dollars |
|
[edit] The 8th largest economy
According to List of countries by GDP (nominal) CIA states that Spanish economy is the 8th largest. Since the link from the work bank is dating from 2006 I will change the sorcce to the CIA, which being from 2007, is more recent. --Arcillaroja (talk) 23:13, 22 May 2008 (UTC)
