Country and capital :
Full name Kingdom of Spain
Capital city Madrid
Government type Parliamentary monarchy
Head of state King Juan Carlos I
Head of government Prime Minister Jose Luis Rodriguez Zapatero
Population : 40.5 million
Currency : Euro
GDP per capita (PPP) : $33,700
Demographic details :
Ethnic composition Mediterranean and Nordics
Major religions Roman Catholic (94%) and Others (6%)
Country area 499,542 sq km
Language : Castilian Spanish (official), Catalan, Galician and Basque.
Exports : Machinery, motor vehicles, foodstuffs, pharmaceuticals, medicines, and other consumer goods
Imports : Machinery and equipment, fuels, chemicals, semi-finished goods, foodstuffs, consumer goods, measuring and medical control instruments
Map of Spain
The country analysis report on Spain provides a wide array of analytical inputs to analyze the country’s performance, and the objective is to help the reader to make business decisions and prepare for the future. The report on Spain analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of Spain. The report provides a holistic view of Spain from historical, current and future perspective. Insightful analysis on critical current and future issues is presented through detailed SCPT (strengths, challenges, prospects and threats /risks) analysis for each of the PESTLE segments.
EU membership has given the country an opportunity to undertake measures to meet the environmental and technological standards of its EU peers. The country’s performance on environmental indicators, despite lagging behind other EU nations, has shown improvement.
PESTLE analysis of Spain identifies issues that affect the country’s performance through the prism of current strengths (strengths), current challenges (weaknesses), future prospects (opportunities) and future risks (threats).
Spain’s transition from monarchy to democratic nation involved numerous political upheavals. After the French and British rule, the nation passed into a dictatorial regime under the leadership of a fascist dictator, General Francisco Franco. After Franco’s death, Spain embarked on the path to democracy, and a modern constitution based on rules of law was promulgated in 1978. The initial years of democracy were dominated by two distinct ideologies; those of the center right PP, and those of the center left PSOE. The PSOE received popular support in the early years of democracy as it was seen as a viable alternative to the PP, whose image was sullied because of its perceived closeness to Franco’s regime.
After failing to win in first four consecutive elections, the PP emerged as the largest single grouping in 1996 elections, allowing it to form a coalition government with some smaller regional parties. In 2000, leveraging strong economic growth, the PP returned to power with an absolute majority. Despite its economic successes, the PP’s two-term Prime Minister Jose Maria Aznar has seen his domestic popularity decline due to his support for the US’s Iraq policy. The PSOE came to power in the 2004 and 2008 elections under the leadership of Jose Zapatero. The new government initiated policies for economic reforms along with the process of fiscal discipline. The economic recession of the country has put tremendous pressure on the survival of the government because of declining public support. The ruling party’s relation with its coalition...