Asked by: Asis Gapkoasked in category: General Last Updated: 6th May, 2020
What is the level of development in Spain?
Correspondingly, is Spain a developed or developing country?
Spain is a developed country. Nearly all organizations that analyze development status classify it as such. Spain has a strong per capita gross domestic product (GDP), a long life expectancy and a low infant mortality rate. Spain's per capita GDP, as of 2016, is $34,526.
Additionally, what is Spain's growth rate? 3.1% annual change (2017)
Just so, what makes up Spain's GDP?
The GDP figure in 2019 was $1,393,505 million, Spain is number 13 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Spain rose $34,028 million with respect to 2018. The GDP per capita of Spain in 2019 was $29,690, $1,043 higher than in 2018, it was $30,733.
Is Spain a poor or rich country?
Spain is not rich (by your standards) but it is not poor. The word“Poor” is very relative.