Spain has a population of about 48 million people and is the fourth-largest economy of the European Union, with a GDP per capita of approximately $33,000 USD in 2023.
The Spanish economy is broad. Tourism is one of the largest sectors, alongside a strong automotive industry, agri-food production of fruit, vegetables, olive oil and wine, and a fast-growing renewable energy sector.
Spain’s main imports include crude oil and fuels, vehicles and car parts, machinery, pharmaceuticals and electronics. Many importers and wholesalers also supply Portugal and use Spain as a gateway to Latin America and North Africa.
Key cities include Madrid, the capital and main business centre; Barcelona, an industrial and trade hub on the Mediterranean; Valencia, home to one of the busiest container ports in Europe; and Seville and Bilbao as important regional centres.

