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Spain Introduction 2019

SOURCE: 2019 CIA WORLD FACTBOOK AND OTHER SOURCES











Spain Introduction 2019
SOURCE: 2019 CIA WORLD FACTBOOK AND OTHER SOURCES


Page last updated on February 08, 2019

Background:
Spain's powerful world empire of the 16th and 17th centuries ultimately yielded command of the seas to England. Subsequent failure to embrace the mercantile and industrial revolutions caused the country to fall behind Britain, France, and Germany in economic and political power. Spain remained neutral in World War I and II but suffered through a devastating civil war (1936-39). A peaceful transition to democracy following the death of dictator Francisco FRANCO in 1975, and rapid economic modernization (Spain joined the EU in 1986) gave Spain a dynamic and rapidly growing economy and made it a global champion of freedom and human rights. More recently Spain has emerged from a severe economic recession that began in mid-2008, posting three straight years of GDP growth above the EU average. Unemployment has fallen, but remains high especially among youth. Spain is the Eurozone's fourth largest economy. In October 2017, the Catalan regional government conducted an illegal independence referendum and declared independence from Madrid. The international community has not recognized Catalonia's unilateral declaration of independence.


NOTE: 1) The information regarding Spain on this page is re-published from the 2019 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Spain Introduction 2019 information contained here. All suggestions for corrections of any errors about Spain Introduction 2019 should be addressed to the CIA.
2) The rank that you see is the CIA reported rank, which may habe the following issues:
  a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
  b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order






This page was last modified 08-Feb-19
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