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Economy Spain
Flag of Spain Spain
Population: 40,280,780 (July 2004 est.)
Capital: Madrid
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Tabular Data - The Spaniard Economy

GDP : purchasing power parity - $885.5 billion (2003 est.)
GDP - Real Growth Rate : 2.4% (2003 est.)
GDP - Per Capita : purchasing power parity - $22,000 (2003 est.)
GDP - Composition By Sector : agriculture: 3.6%
industry: 28.6%
services: 67.8% (2003 est.)
Household Income or Consumption by Percentage : lowest 10%: 2.8%
highest 10%: 25.2% (1990)
Inflation Rate (Consumer Prices) : 3% (2003 est.)
Labor Force : 18.82 million (2003)
Labor Force - By Occupation : agriculture 7%, manufacturing, mining, and construction 29%, services 64% (2001 est.)
Budget : revenues: $330.7 billion
expenditures: $335.3 billion, including capital expenditures of $12.8 billion (2003 est.)
Industries : textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools, tourism
Industrial Production Growth Rate : 1.6% (2003 est.)
Electricity - Production : 222.5 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 50.4%
hydro: 18.2%
nuclear: 27.2%
other: 4.1% (2001)
Electricity - Consumption : 210.4 billion kWh (2001)
Electricity - Exports : 4.138 billion kWh (2001)
Electricity - Imports : 7.588 billion kWh (2001)
Agriculture - Products : grain, vegetables, olives, wine grapes, sugar beets, citrus; beef, pork, poultry, dairy products; fish
Exports : $159.4 billion f.o.b. (2003 est.)
Exports - Commodities : machinery, motor vehicles; foodstuffs, other consumer goods
Exports - Partners : France 19.2%, Germany 11.9%, Italy 9.7%, UK 9.4%, Portugal 9.3%, US 4.2% (2003 est.)
Imports : $197.1 billion f.o.b. (2003 est.)
Imports - Commodities : machinery and equipment, fuels, chemicals, semifinished goods; foodstuffs, consumer goods
Imports - Partners : France 16.8%, Germany 16.6%, Italy 8.8%, UK 6.5%, Netherlands 4.9% (2003 est.)
Debt - External : $718.4 billion (2003 est.)
Economic Aid - Donor : ODA, $1.33 billion (1999)
Currency : euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by the financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions with the member countries
Currency Code : EUR
Exchange Rates : euros per US dollar - 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999)
Fiscal Year : Calendar Year

Country References
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Data Source: Central Intelligence Agency 2004 World Factbook