International Security Bulletin

Spain

Kingdom of Spain

Capital: Madrid

The Spain Bulletin

Weekly Brief: March 30, 2015

Middle East Fighting in Yemen continued to escalate this week. On Wednesday, the Houthi rebels seized an airbase as they moved closer to the city of Aden, where President Abd-Rabbu Mansour Hadi was sheltered. By Thursday, Mr. Hadi had briefly sought shelter in Oman before moving on to Riyadh. On Thursday, Saudi Arabia led airstrikes against the Houthis in […]

History

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 Wars 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 had to focus 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.

Geography

Metric Units

Total Area 505,370 sq km
Land Boundaries 1,917.8 km
Border Countries Andorra 63.7 km, France 623 km, Gibraltar 1.2 km, Portugal 1,214 km, Morocco (Ceuta) 6.3 km, Morocco (Melilla) 9.6 km
Coastline 4,964 km
Terrain large, flat to dissected plateau surrounded by rugged hills; Pyrenees Mountains in north
Minimum Elevation 0 m
Maximum Elevation 3,718 m
Climate temperate; clear, hot summers in interior, more moderate and cloudy along coast; cloudy, cold winters in interior, partly cloudy and cool along coast
Natural Resources coal, lignite, iron ore, copper, lead, zinc, uranium, tungsten, mercury, pyrites, magnesite, fluorspar, gypsum, sepiolite, kaolin, potash, hydropower, arable land
Arable Land 24.75%
Permanent Crops 9.29%

Economy

Gross Domestic Product $1.41 trillion
GDP (per capita) $30,400
GDP Growth -1.4%
Unemployment Rate 26%
Population in Poverty 21.1%
GINI Index 32

Budget & Debt

Expenditures $584.8 billion
Revenue $485.1 billion
Current Account Balance $-18.8 billion
External Debt $2.25 trillion

Trade

Exports $303.8 billion
Export Items machinery, motor vehicles
Export Partners France 17.8%, Germany 10.6%, Portugal 8.3%, Italy 8.3%, UK 6.7% (2011)
Imports $322.7 billion
Import Items machinery and equipment, fuels, chemicals, semifinished goods, foodstuffs, consumer goods, measuring and medical control instruments
Import Partners Germany 13%, France 11.8%, Italy 6.7%, China 5.8%, Netherlands 5%, UK 4.5% (2011)

People

Population 47,370,542
Population Growth 0.73%
Ethnic Groups composite of Mediterranean and Nordic types
Religion Roman Catholic 94%, other 6%
Life Expectancy 81.37 years
Infant Mortality 0.97 deaths/1,000 live births
Maternal Mortality 1 deaths/100,000 live births

Energy

Electricity Production 279.6 billion kWh
Electricity Consumption 249.7 billion kWh
From Fossil Fuels 48.7%
From Nuclear 7.6%
From Hydroelectric 13.7%
From Renewable Sources 24.4%