- Economic Measures
1. GDP: $1.347 trillion (2012 est.)
2. GDP per capita: $30,150 (2010 est.)
3. Life expectancy: 81 years (2007)
4. Poverty rate: 21.1% (2012)
5. Literacy rate: 97% (2007)
6. Unemployment rate: 26% (2012)
7. Inflation: 2.4% (2012)
- Resources
Spain experiences extremes in both hot and cold temperatures throughout the country, except for the north where it is cool and damp. Rainfall is generally low and wildfires are common during the incredibly hot summers. The main rivers are the Duero, Miño, Tajo, Guadiana, and Guadalquivir, all of which are utilized for a source of electric power. Almost a third of the land is able to be used for cultivation as long as careful irrigation is exercised. There are plenty of mineral deposits in the land, the most prevalent being iron ore, pyrite, gypsum, hard and brown coal, and copper.
2. Labor
The labor force in Spain has been suffering due to the current economic crisis the country is experiencing. Currently, the labor force is roughly 23.11 million people. The educational system is much like that of the United States, with education being required by law from the ages of 6 to 16. After they receive their Certificate of Education, students can choose to go on to university.
3. Capital
The industry in Spain is quite large, ranging from textiles and apparel to medical equipment. The country also manufactures automobiles, chemicals, metals, pharmaceuticals, machine tools, and clay and refractory products. In regards to technology, Spain is well known for its high-speed railway system. The trains developed and manufactured in Spain are very advanced and are models for railway developers across Europe. Even now, Spanish train manufacturers are evolving new designs that are lighter, better for the environment, energy efficient, and quieter.
Sources:
https://www.cia.gov/library/publications/the-world-factbook/geos/sp.html
http://www.spanish-fiestas.com/spain/geography/
http://www.spaintechnology.com/icex/cda/controller/pageGen/0,3346,1549487_6719802_6728366_4492765,00.html
http://www.expatica.com/es/education/school/Education-system-in-Spain_14443.html
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