World Business Council






SPAIN

Spain, with a population of approximately 47 million (2023), is a vibrant country located in Southwestern Europe known for its rich cultural heritage and diverse landscapes. The Spanish economy is characterized by a robust mix of services, manufacturing, and agriculture. The services sector, particularly tourism, plays a crucial role, as millions of visitors are drawn to its historic cities, stunning coastlines, and world-renowned cuisine. Manufacturing is also significant, with industries such as automotive, textiles, and machinery contributing to exports. Spain is one of the largest agricultural producers in the European Union, known for its olive oil, wine, and fruits. With a GDP estimated at around $1.5 trillion and a per capita income of approximately $32,000 (2023), Spain continues to work on enhancing its economic resilience and sustainability. Its strategic location serves as a gateway between Europe and Africa, facilitating trade and commerce.

 

The Spanish government and business community can collaborate with the World Business Council to promote sustainable tourism initiatives, enhance innovation in technology, and strengthen international trade relationships for comprehensive economic development.

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