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The new government quickly needs to act in order to retain market confidence
- The forecast of economic activity in 2012 points towards a weak growth of 0.2%
- Sectors related to state investments and private consumption face more problems
- Business insolvencies expected to have increased 14% in 2011
- Given the high insolvency level at present, we foresee a mere stabilisation, despite the weaker economic outlook
 Download full country risk update on Spain
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General Information
Capital - Madrid
Currency - Euro (EUR)
Population - 46.7 million
Main import sources (2010)
- Germany - 12.6%
- France - 11.5%
- Italy - 7.3%
- China - 6.8%
- The Netherlands - 5.6%
Main export markets (2010)
- France - 18.7%
- Germany - 10.7%
- Portugal - 9.1%
- Italy - 9.0%
- UK - 6.3%
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Date January 2012
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Spain
