Sunday, December 16, 2018

Spain's Road Map (click here)

Spain is rarely viewed as a tourist haven, but, it very much is exactly that. It's cities are old world with lots of charm and romance. A person could travel the country of Spain and never be bored.

Spain's population is 46,403,232.

Spain, (click here) officially known as the Kingdom of Spain, is a sovereign state and a member state of the European Union, situated on the Iberian Peninsula in Southwest Europe.... ...The 754 miles (1,214 km) of border with Portugal is the longest uninterrupted border within the European Union.

The country is a democracy under a constitutional monarchy and is organized in a parliamentary style of government. It’s a developed country and is the 14th largest economy in the world by nominal GDP. The Kingdom of Spain has very high standards as well as the 10th highest quality of life index rating in the world as of 2005 statistics. As of 2018, the country has an estimated population of 46.40 million.

Above the graph illustrates Spain's GDP per capita. In 2016, it was $26,639.74. 

Spain’s economic freedom score is 65.1, (click here) making its economy the 60th freest in the 2018 Index. Its overall score has increased by 1.5 points, with improvements in fiscal health, judicial effectiveness, and labor freedom outpacing lower scores for the government integrity and business freedom indicators. Spain is ranked 30th among 44 countries in the Europe region, and its overall score is below the regional average but above the world average.

The severe 2017 constitutional crisis triggered by Catalonia’s push for separation will test the strength of Spain’s post–financial crisis economy, the rebound of which was facilitated by structural reforms highlighted by a reduction of the inefficient and oversized government sector, labor market reforms, and restoration of the financial sector’s competitiveness. Resolution of the crisis could threaten fiscal stability. Despite relatively sound economic institutions and transparent regulatory and judicial systems, the indebted public sector is still a drag on growth....