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Spain
Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 12.07.2018

Vos conseillers à la Chambre de Commerce

  • Violaine Mathurin
    +352423939481
  • Thomas Bertrand
    +352423939337
Contactez-nous: europe@cc.lu

Indicateurs clés

Région
505,370 km2
Population
48,958,159 (July 2017 est.)
Type de gouvernement
parliamentary monarchy
Langues
Castilian Spanish (official nationwide) 74%, Catalan (official in Catalonia, the Balearic Islands, and the Valencian Community 17%, Galician 7%, Basque 2%
PIB
$1.769 trillion (2017 est.)
Taux de croissance
3.1% (2017 est.)
IHD
26
Capitale
Madrid

 

Introduction

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 War 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) gave Spain a dynamic and rapidly growing economy and made it a global champion of freedom and human rights. More recently Spain has emerged from a severe economic recession that began in mid-2008, posting three straight years of GDP growth above the EU average. Unemployment has fallen, but remains high especially among youth. Spain is the Eurozone’s fourth largest economy.

Source: The CIA World Factbook - Spain

 

Indicateurs macroéconomiques

After expanding at over 3% in the past three years, the economy is projected to grow at a robust, but more moderate, pace in 2018 and 2019. Favourable financial conditions and strong job creation will continue to support private domestic demand. Net exports will also contribute positively to GDP growth. Inflation will remain moderate as unemployment remains high.

Public debt is gradually declining, but remains high. As the recovery continues, public debt is projected to fall in relation to GDP, but the government will have to ensure further significant declines in the years ahead, by further improving its fiscal position and introducing additional reforms to strengthen long-term growth. The implementation of the pension reform will be key to ensure long-term fiscal sustainability. More effective labour market policies and re-skilling are needed to further reduce unemployment and inequalities, and make growth more inclusive.

Source: OECD - Economic Forecast

IMF Statistics:

Subject descriptor20142015201620172018
Gross domestic product, constant prices
Percent change
1.3583.2133.0562.1701.943
Gross domestic product, current prices
U.S. dollars (Billions)
1,383.5371,199.7151,252.1631,302.9501,348.509
Gross domestic product per capita, current prices
U.S. dollars (Units)
29,782.22225,843.09127,012.16128,147.77029,173.225
Inflation, average consumer prices
Percent change
-0.146-0.499-0.3241.0211.057
Volume of imports of goods and services
Percent change
6.3767.4776.1354.4464.250
Volume of exports of goods and services
Percent change
5.0555.4115.9164.4474.392
Unemployment rate
Percent of total labor force
24.44322.07519.39817.98516.954
Current account balance
U.S. dollars (Billions)
13.60116.70024.29022.52122.874
Current account balance
Percent of GDP
0.9831.3921.9401.7281.696
Colored cells are estimates

Source: IMF Statistics

 

Le Luxembourg et le pays

Existing conventions and agreements

Non double taxation agreement 

In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.

  • Convention from 03.06.1986 (Memorial 1987, A no.18, p.245)
  • Effective as of 01.01.1988 (Memorial 1987, A no.18, p.245)
  • Protocol of Amendment from 10.11.2009 (Memorial 2010, A no.51, p.924)
  • Effective as of 01.01.2011 (Memorial 2010, A, no. 51, p.924)

Air Services agreement

  • Convention from 26.03.1962 (Memorial 1965, A, p. 294 )
  • Effective as of 06.02.1965 (Memorial 1965, A, p. 715)

Source: Administration des contributions directes

 

Plus d'informations

Foreign Trade

The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.

You can see the statistics on the website of the Statec.

Contact points in Spain

Embassy of the Grand Duchy of Luxembourg in Spain

Ambassador: Mrs Michèle PRANCHÈRE

Calle Claudio Coello, 78
E-28001 Madrid
Tel.: +34 91 4 35 91 64
Fax:  +34 91  5 77 48 26
Email: madrid.amb(at)mae.etat.lu 

 

Director of the Hispano-Luxembourg Economic Forum (F.E.H.L.)

Mrs Ana DIEGO
Embajada del Gran Ducado de Luxemburgo
Calle Claudio Coello, 78
E-28001 Madrid
Tel.: (+34) 91 435 92 26
Fax: (+34) 91 577 48 26
E-mail: Ana.Diego(at)mae.etat.lu

Honorary consuls

Honorary Consul with jurisdiction in the provinces of Alicante, Valencia, Castellon de la Plana and Murcia:

Mr Nicolás AYELA ORTIZ

Juan Bautista Lafora 3 – entresuelo
E-03002 Alicante
Tel: + 34 96 520 53 33 / +34 96 520 87 51
Fax: +34 96 521 75 63
E-mail: consuladoluxemburgoalicante@gmail.com

Honorary Consul General with jurisdiction in the provinces of Barcelona, Gerona, Huesca, Lerida, Zaragoza, Tarragona and Teruel :

Mrs Blanca GALLUD FUSTER
Tuset 8 - 10, 8e étage 
E-08006 Barcelona
Tel: +34 93 292 22 68
E-mail: bg@consulatbcn.lu
E-mail: info(at)consulatbcn.lu 

Honorary Consul with jurisdiction in all the archipelago of the Canary Islands:

Mr. Juan Andrés MELIAN

C / Pintor Juan Guillermo, 10 - Local 1
35011 Las Palmas de Gran Canaria
Tel + 34 928495230
Fax + 34 928246429
E-mail: juan.melian(at)viajesinsular.es

Honorary Consul in Bilbao: 

Mrs Beatriz Añon BEAMONTE

Particular de Ormeche, 6 – 4º
E-48992 Guecho (Vizcaya)

Tél.: (+34) 944 60 20 72
E-mail: beatriz.a(at)telefonica.net

Honorary Consul with jurisdiction in provinces of Málaga, Jaen, Granada and Almeria:

Mr René WAXWEILER

Calle Marin Garcia, 10-3 ° C
E-29005 Malaga
Tel: + 34 606 12 84 72
Fax: +34 952 92 90 39
E-mail: consuladoluxemburgomalaga(at)gmail.com

Honorary Consul with jurisdiction in the Balearic Islands:

Mr Joan BUADES FELIU 

Bufete Buades C / Jaume III, 4
E-07012 Palma de Mallorca
Tel: + 34 971 22 85 00
Fax: + +34 971 22 85 07
E-mail: consulat(at)bufetebuades.com

Honorary Consul with jurisdiction over Provinces of Seville, Cordoba, Cadiz and Huelva:

Mrs Jacqueline BRASSEUR

Calle Paraiso, 1 – 7°- 64
E-41010 Séville
Tel: + 34 95 42 84 821
Fax: +34 95 42 84 821
E-mail: ajbrasseur(at)hotmail.com

Source: Ministry of Foreign Affairs Luxembourg

 

Economic and Commercial Attachés (AWEX)

Economic and Commercial Attaché with jurisdiction in Autonomous communities of Aragon, Catalonia, Valencia and the Balearic Islands:

Mr Eric SANTKIN 

Economic and Commercial Office Walloon
c / Pau Claris, 110.1 st
08009 Barcelona
Tel: 34-93-487.77.26
E-mail: barcelone@awex-wallonia.com

Economic and Commercial Attaché with jurisdiction in Andalousie, Asturias, Cantabria, Galicia, La Rioja, Navarre (Community), Basque Country:

Mr Didier DENAYER

Embajada de Bélgica
Paseo de la Castellana, 18 - 6°
28046 Madrid
Tel: +34-91-435.13.70
E-mail: madrid(at)awex-wallonia.com

Source: AWEX

 

Country risk as defined by Office du Ducroire for Spain

Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.

Link:  Ducroire Office - Country Risk for Spain

Other useful links

 

La Chambre de Commerce et le pays

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