Doing business in Spain

1. General overview
2. The Economy
3. Infrastructures
4. About Catalonia
5. Spanish companies

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Learning Unit Summary

Spain is a highly developed country, a member of the European Union and one of the countries which have adopted the € as their single currency. The population in Spain is roughly 43 million people in 2003. Approximately 20% is under 19 years of age; 63% is between 19 and 65 years old, and 17% is over 65. The population density is 83 inhabitants per square kilometer. The most populated cities in Spain are Madrid, Barcelona, Valencia, Bilbao and Sevilla.

Catalonia is in the north-eastern corner of the Iberian Peninsula, on the Mediterranean coast. This privileged position means that Catalans enjoy a pleasant climate most of the year, which contributes substantially to their high quality of life. Thanks to its remarkable geographical position, Catalonia is the gateway between the Iberian Peninsula and the rest of Europe. Barcelona is the capital of Catalonia, and home to almost two-thirds of the Catalan population. EENI is located in Catalonia.

Spanish is the official language in the entire national territory. However, other languages coexist with Spanish in certain regions of Spain. These are: Catalan in Catalonia, Galician in Galicia, Basque in the Basque Country, Valencian in Valencia, and Majorcan in the Balearic Islands. To better understand why Spanish is such an important and useful language let's look at some facts. Spanish is spoken by more than 500 million people worldwide and is official language in 21 countries, with over 330 million native speakers (more...)

ECONOMY
According to official figures from OECD, Gross Domestic Product (GDP) placed Spain the eight World economy in GDP terms. The structure of the Spanish economy is that of a developed country, with the services sector being the main contributor to GDP followed by industry. These two sectors represent almost 90% of Spain’s GDP. Agriculture’s share has declined sharply as a result of the country’s intense economic growth and today represents 4% of GDP.

Domestic Market.

Strategies of Spain companies (Es)