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The economy of Spain is a highly developed social market economy. [29] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe.Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
In 1972, 2.7 million jobs in agriculture were replaced by 1.1 million jobs in the public sector, further increasing unemployment. [6] Although unemployment is a problem in other OECD countries such as Italy and Turkey, data shows that the extent of increase and the persistence is much larger in Spain. [7]
Immigration to Spain increased significantly in the beginning of the 21st century. In 1998, immigrants accounted for 1.6% of the population, and by 2009, that number had risen to over 12%. Until 2014, the numbers were decreasing due to the economic crisis, but since 2015, immigration to Spain has increased again, [2] especially after 2021.
In the mid-1980s, Spain achieved a strong level of economic performance while simultaneously lowering its rate of inflation to within two points of the EC average. However, its export performance, though increasing, raised concerns over the existing imbalance between import and export growth.
The 2008–2014 Spanish financial crisis, also known as the Great Recession in Spain [1] [2] or the Great Spanish Depression, began in 2008 during the world 2007–2008 financial crisis. In 2012, it made Spain a late participant in the European sovereign debt crisis when the country was unable to bail out its financial sector and had to apply ...
Spain, [f] formally the Kingdom of Spain, [g] [h] is a country in southwestern Europe. [11] [i] It is the largest country in Southern Europe and the fourth-most populous European Union member state. Spanning across the majority of the Iberian Peninsula, its territory also includes the Canary Islands in the Atlantic Ocean, the Balearic Islands ...
The government of Spain ( Spanish: Gobierno de España) is the central government which leads the executive branch and the General State Administration of the Kingdom of Spain . The Government consists of the Prime Minister and the Ministers; the prime minister has the overall direction of the Ministers and can appoint or terminate their ...
v. t. e. Women in the workforce in Francoist Spain faced high levels of discrimination. The end of the Spanish Civil War saw a return of traditional gender roles in the country. These were enforced by the regime through laws that regulated women's labor outside the home and the return of the Civil Code of 1889 and the former Law Procedure ...
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