Spain

Country Name: La Real España
Year Founded: Near 201 B.C.
Population: 40,280,780 (July 2004 est.)
Primary Language: Spanish
Ethnic make-up: composite of Mediterranean and Nordic types
Political System: parliamentary monarchy
Year enetered the European Union: 1986
Type of economy: Spain is rich, developed and largely capitalistic market economies, though in Japan the State plays a major developmental role through pressures on industrial groups and large bureaucracy controlling some businesses and Spain has had a legacy of strong State interventionism. Now European Union (EU), in January 1986 ushered the country into opening its economy, modernize its industrial base and revise economic legislation. In doing this effort -supported from the EU with amounts of funds from the European Regional Development Fund- Spain greatly improved infrastructures, increased GDP growth, reduced the public debt to GDP ratio, reduced unemployment from 23% to 10%, and reduced inflation to under 3%
Currency: Euro
Current Exchange rate for American Currency: 1 US Dollar = 0.73657 Euro 1 Euro (EUR) = 1.35765 US Dollar (USD)
GDP: 1.362 trillion (2007 est.)
Unemployment Rate: 11.3%
Chief Exports: Production machinery, motor vehicles, transport equipment, foodstuffs, leather products, and minerals.
Key Imports: trade, investment, and tourism.
Major Religions: Roman Catholic 94%, other 6%
Surrounding Countries: Portugal, Moroco, France and Algeria.
Literacy Rate: 99.0
Intresting Fact: Highest recorded temperature in Europe = 50°C / 122°F (Sevilla, 1881-Aug.4).