CTIP Chapter – Spain

political-map-of-SpainMr. Christophe Schwoertzig

Chapter President-SPAIN
CEO and MD of Value Creation – Alternative
e-mail address: cschwoertzig@ctip.info

 

Market Overview

 

Spain is one of the most significant economies in the world: 13th in terms of size and an attractive destination for foreign investment, making Spain the 9th largest recipient of FDI worldwide.

Spain’s appeal for investment lies not only in its domestic market, but also in the possibility of operating with third markets from Spain. This is because Spain has a privileged geo-strategic position within the European Union giving access to over 1,700 million potential clients in the EMEA Region (Europe, Middle East and Africa). Its strong economic, historic and cultural ties also make Spain the perfect business gateway to Latin America.

Furthermore, Spain is a modern knowledge-based economy with services accounting for 71.27% of economic activity. The country has become a center of innovation supported by a young, highly-qualified work force and competitive costs in the context of Western Europe.

Spain, main economic indicators:

GDP growth 2014Q : 2.0%
Industrial production growth Feb. 2015 : +0,8%
Foreign Trade Deficit: -€2.0 billions Feb. 2015
Unemployment 2015Q1: 23,8%

Source: www.economy.com

For more information on investing in Spain:

pdfGuide_to_business_in_Spain_2013


Source: http://www.investinspain.org