Compare Spain (2007) - Spain (2008)

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	Spain (2007)	Spain (2008)

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 Wars 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) have given Spain one of the most dynamic economies in Europe and made it a global champion of freedom. Continuing challenges include Basque Fatherland and Liberty (ETA) terrorism and relatively high unemployment.	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 Wars 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) have given Spain one of the most dynamic economies in Europe and made it a global champion of freedom. Continuing challenges include Basque Fatherland and Liberty (ETA) terrorism, illegal immigration, and slowing economic growth.
Budget	revenues: $495.8 billion expenditures: $473.6 billion (2006 est.)	revenues: $571.1 billion expenditures: $544.9 billion (2007 est.)
Debt - external	$996.7 billion (2006 est.)	$2.047 trillion (30 June 2007 est.)
Economy - overview	The Spanish economy boomed from 1986 to 1990 averaging 5% annual growth. After a European-wide recession in the early 1990s, the Spanish economy resumed moderate growth starting in 1994. Spain's mixed capitalist economy supports a GDP that on a per capita basis is 80% that of the four leading West European economies. The center-right government of former President AZNAR successfully worked to gain admission to the first group of countries launching the European single currency (the euro) on 1 January 1999. The AZNAR administration continued to advocate liberalization, privatization, and deregulation of the economy and introduced some tax reforms to that end. Unemployment fell steadily under the AZNAR administration but remains high at 8.1%. Growth averaging 3% annually during 2003-06 was satisfactory given the background of a faltering European economy. The Socialist president, RODRIGUEZ ZAPATERO, has made mixed progress in carrying out key structural reforms, which need to be accelerated and deepened to sustain Spain's strong economic growth. Despite the economy's relative solid footing significant downside risks remain including Spain's continued loss of competitiveness, the potential for a housing market collapse, the country's changing demographic profile, and a decline in EU structural funds.	The Spanish economy boomed from 1986 to 1990 averaging 5% annual growth. After a European-wide recession in the early 1990s, the Spanish economy resumed moderate growth starting in 1994. Spain's mixed capitalist economy supports a GDP that on a per capita basis is equal to that of the leading West European economies. The center-right government of former President Jose Maria AZNAR successfully worked to gain admission to the first group of countries launching the European single currency (the euro) on 1 January 1999. The AZNAR administration continued to advocate liberalization, privatization, and deregulation of the economy and introduced some tax reforms to that end. Unemployment fell steadily under the AZNAR administration but remains high at 7.6%. Growth averaging more than 3% annually during 2003-07 was satisfactory given the background of a faltering European economy. The Socialist president, RODRIGUEZ ZAPATERO, has made mixed progress in carrying out key structural reforms, which need to be accelerated and deepened to sustain Spain's economic growth. Despite the economy's relative solid footing significant downside risks remain including Spain's continued loss of competitiveness, the potential for a housing market collapse, the country's changing demographic profile, and a decline in EU structural funds.
Exchange rates	euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)	euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)
Executive branch	chief of state: King JUAN CARLOS I (since 22 November 1975); Heir Apparent Prince FELIPE, son of the monarch, born 30 January 1968 head of government: President of the Government (Prime Minister equivalent) Jose Luis RODRIGUEZ ZAPATERO (since 17 April 2004); First Vice President and Deputy Prime Minister (and Minister of the Presidency) Maria Teresa FERNANDEZ DE LA VEGA (since 18 April 2004) and Second Vice President (and Minister of Economy and Finance) Pedro SOLBES (since 18 April 2004) cabinet: Council of Ministers designated by the president note: there is also a Council of State that is the supreme consultative organ of the government, but its recommendations are non-binding elections: the monarchy is hereditary; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually proposed president by the monarch and elected by the National Assembly; election last held on 14 March 2004 (next to be held in March 2008); vice presidents appointed by the monarch on the proposal of the president election results: Jose Luis RODRIGUEZ ZAPATERO elected president; percent of National Assembly vote - 52.29%	chief of state: King JUAN CARLOS I (since 22 November 1975); Heir Apparent Prince FELIPE, son of the monarch, born 30 January 1968 head of government: President of the Government (Prime Minister equivalent) Jose Luis RODRIGUEZ ZAPATERO (since 17 April 2004); First Vice President (and Minister of the Presidency) Maria Teresa FERNANDEZ DE LA VEGA (since 18 April 2004) and Second Vice President (and Minister of Economy and Finance) Pedro SOLBES (since 18 April 2004) cabinet: Council of Ministers designated by the president note: there is also a Council of State that is the supreme consultative organ of the government, but its recommendations are non-binding elections: the monarchy is hereditary; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually proposed president by the monarch and elected by the National Assembly; election last held on 14 March 2004 (next to be held in March 2008); vice presidents appointed by the monarch on the proposal of the president election results: Jose Luis RODRIGUEZ ZAPATERO elected president; percent of National Assembly vote - 52.29%
Exports - partners	France 18.9%, Germany 11%, Portugal 8.9%, Italy 8.6%, UK 7.8%, US 4.5% (2006)	France 18.8%, Germany 11%, Portugal 9%, Italy 8.6%, UK 8%, US 4.4% (2006)
GDP - composition by sector	agriculture: 3.9% industry: 29.7% services: 66.4% (2006 est.)	agriculture: 3.8% industry: 29.4% services: 66.8% (2007 est.)
GDP - real growth rate	3.9% (2006 est.)	3.8% (2007 est.)
Imports - partners	Germany 14.7%, France 13.2%, Italy 8.1%, UK 5%, Netherlands 4.8%, China 4.8% (2006)	Germany 14.8%, France 13.4%, Italy 8.3%, UK 5.2%, Netherlands 4.9%, China 4.6% (2006)
Industrial production growth rate	0.6% (2006 est.)	3% (2007 est.)
Inflation rate (consumer prices)	3.5% (2006 est.)	2.4% (2007 est.)
International organization participation	AfDB, AsDB, Australia Group, BCIE, BIS, CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA (observer), MIGA, MONUC, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, SECI (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, Union Latina, UNMEE, UNRWA, UNWTO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC	ADB (nonregional members), AfDB, Australia Group, BCIE, BIS, CE, CERN, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA (observer), MIGA, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, Paris Club, PCA, Schengen Convention, SECI (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, Union Latina, UNMEE, UNRWA, UNWTO, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WTO, ZC
Labor force	21.58 million (2006 est.)	22.01 million (2007 est.)
Legislative branch	bicameral; General Courts or National Assembly or Las Cortes Generales consists of the Senate or Senado (259 seats; 208 members directly elected by popular vote and the other 51 appointed by the regional legislatures; to serve four-year terms) and the Congress of Deputies or Congreso de los Diputados (350 seats; members are elected by popular vote on block lists by proportional representation to serve four-year terms) elections: Senate - last held on 14 March 2004 (next to be held in March 2008); Congress of Deputies - last held on 14 March 2004 (next to be held in March 2008) election results: Senate - percent of vote by party - PP 49%, PSOE 38%, Entesa Catalona de Progress 5.7%, PNV 2.8%, CC 2.4%, CiU 2%; seats by party - PP 102, PSOE 81, Entesa Catalona de Progress 12, PNV 6, CiU 4, CC 3; Congress of Deputies - percent of vote by party - PSOE 43.3%, PP 37.8%, CiU 3.2%, IU 3.2%, ERC 2.5%, PNV 1.6%, CC 0.9%, other 7.5%; seats by party - PSOE 164, PP 148, CiU 10, ERC 8, PNV 7, IU 5, CC 3, other 5	bicameral; General Courts or National Assembly or Las Cortes Generales consists of the Senate or Senado (259 seats; 208 members directly elected by popular vote and the other 51 appointed by the regional legislatures; to serve four-year terms) and the Congress of Deputies or Congreso de los Diputados (350 seats; each of the 50 electoral provinces fills a minimum of two seats and the North African enclaves of Ceuta and Melilla fill one seat each with members serving a four-year term; the other 248 members are determined by proportional representation based on popular vote on block lists who serve four-year terms) elections: Senate - last held on 14 March 2004 (next to be held in March 2008); Congress of Deputies - last held on 14 March 2004 (next to be held in March 2008) election results: Senate - percent of vote by party - PP 49%, PSOE 38%, Entesa Catalona de Progress 5.7%, PNV 2.8%, CC 2.4%, CiU 2%; seats by party - PP 102, PSOE 81, Entesa Catalona de Progress 12, PNV 6, CiU 4, CC 3; Congress of Deputies - percent of vote by party - PSOE 43.3%, PP 37.8%, CiU 3.2%, IU 3.2%, ERC 2.5%, PNV 1.6%, CC 0.9%, other 7.5%; seats by party - PSOE 164, PP 148, CiU 10, ERC 8, PNV 7, IU 5, CC 3, other 5
Pipelines	gas 7,962 km; oil 622 km; refined products 3,447 km (2006)	gas 7,858 km; oil 622 km; refined products 3,445 km (2007)
Political parties and leaders	Aragonese Party or CHA [Bizen FUSTER]; Basque Nationalist Party or PNV [Josu Jon IMAZ]; Basque Solidarity or EA [Begona ERRAZTI]; Canarian Coalition or CC [Paulino RIVERO Baute] (a coalition of five parties); Convergence and Union or CiU [Artur MAS i Gavarro] (a coalition of the Democratic Convergence of Catalonia or CDC [Artur MAS i Gavarro] and the Democratic Union of Catalonia or UDC [Josep Antoni DURAN i LLEIDA]); Entesa Catalonia de Progress (a Senate coalition grouping four Catalan parties - PSC, ERC, ICV, EUA); Galician Nationalist Bloc or BNG [Anxo Manuel QUINTANA Gonzalez]; Initiative for Catalonia Greens or ICV [Joan SAURA i Laporta]; Navarra yes or Na Bai [Uxue BARKOS Berruezo] (a coalition of four Navarran parties); Popular Party or PP [Mariano RAJOY Brey]; Republican Left of Catalonia or ERC [Josep-Lluis CAROD-ROVIRA]; Spanish Socialist Workers Party or PSOE [Jose Luis RODRIGUEZ ZAPATERO]; United Left or IU [Gaspar LLAMAZARES Trigo] (a coalition of parties including the PCE and other small parties)	Aragonese Party or CHA [Bizen FUSTER]; Basque Nationalist Party or PNV [Inigo URKULLU]; Basque Solidarity or EA [Begona ERRAZTI]; Canarian Coalition or CC [Jose Torres STINGA] (a coalition of five parties); Convergence and Union or CiU [Artur MAS i Gavarro] (a coalition of the Democratic Convergence of Catalonia or CDC [Artur MAS i Gavarro] and the Democratic Union of Catalonia or UDC [Josep Antoni DURAN i LLEIDA]); Entesa Catalonia de Progress (a Senate coalition grouping four Catalan parties - PSC, ERC, ICV, EUA); Galician Nationalist Bloc or BNG [Anxo Manuel QUINTANA Gonzalez]; Initiative for Catalonia Greens or ICV [Joan SAURA i Laporta]; Navarra yes or Na Bai [Uxue BARKOS Berruezo] (a coalition of four Navarran parties); Popular Party or PP [Mariano RAJOY Brey]; Republican Left of Catalonia or ERC [Josep-Lluis CAROD-ROVIRA]; Spanish Socialist Workers Party or PSOE [Jose Luis RODRIGUEZ ZAPATERO]; United Left or IU [Gaspar LLAMAZARES Trigo] (a coalition of parties including the PCE and other small parties)
Political pressure groups and leaders	business and landowning interests; Catholic Church; free labor unions (authorized in April 1977); Socialist General Union of Workers or UGT and the smaller independent Workers Syndical Union or USO; university students; Trade Union Confederation of Workers' Commissions or CC.OO.	Association for Victims of Terrorism or AVT (grassroots organization devoted primarily to opposing ETA terrorist attacks and supporting its victims); Basta Ya (Spanish for "Enough is Enough"; grassroots organization devoted primarily to opposing ETA terrorist attacks and supporting its victims); business and landowning interests; Catholic Church; free labor unions (authorized in April 1977); Nunca Mais (Galician for "Never Again"; formed in response to the oil Tanker Prestige oil spill); Socialist General Union of Workers or UGT and the smaller independent Workers Syndical Union or USO; university students; Trade Union Confederation of Workers' Commissions or CC.OO.
Telephone system	general assessment: generally adequate, modern facilities; teledensity is 45 main lines for each 100 persons domestic: NA international: country code - 34; 22 coaxial submarine cables; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), NA Eutelsat; tropospheric scatter to adjacent countries	general assessment: well developed, modern facilities; fixed-line teledensity is 45 connections for each 100 persons domestic: combined fixed-line and mobile-cellular teledensity is 160 telephones per 100 persons international: country code - 34; submarine cables provide connectivity to Europe, Middle East, Asia, and US; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), NA Eutelsat; tropospheric scatter to adjacent countries
Unemployment rate	8.1% (2006 est.)	7.6% (2007 est.)

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