Spain Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $160.4 billion (1984); 68% private consumption, 12% government consumption, 18% gross fixed capital investment; 3% change in stocks; 3% net exports; real growth rate 2.2% (1984)

Natural resources: coal, lignite, iron ore, uranium, mercury, pyrites, fluorspar, gypsum, zinc, lead, tungsten, copper, kaolin, hydroelectric power

Agriculture: main crops—grains, vegetables, fruits; virtually self-sufficient in good crop years

Fishing: catch. 1,123,100 metric tons (1984)

Major industries: textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles

Crude steel: 13.5 million metric tons produced (1984), 348 kg per capita

Electric power: 38,490,(XX) kW capac ity (1985); 122.644 billion kWh produced (1985), 3,160 kWh per capita

Exports $23.6 billion (f.o.b., 1984); principal items—iron and steel products, machinery, automobiles, fruits and vegetables, textiles, footwear

Imports: $28.8 billion (c.i.f., 1984); principal items—fuels (40%), machinery, chemicals, iron and steel, vegetables, automobiles

Major trade partners: (1984) 49% EC, 24% less developed countries, 12% other developed countries, 10% US, 4% Communist countries

Aid: economic commitments—US authorizations, $1.9 billion, including Ex-Im (FY70-84); other Western bilateral (ODA and OOF), $545.0 million (1970-79); military authorizations—US(FY70-84), $2.0 billion

Budget: (1984 central government) revenues, $59 billion; expenditures, $70 billion; deficit $11 billion

Monetary conversion rate: 161.65 pesetas= US$1 (October 1985)

Fiscal year: calendar year

NOTE: The information regarding Spain on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Spain 1986 information contained here. All suggestions for corrections of any errors about Spain 1986 should be addressed to the CIA or the source cited on each page.