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Doing Business in Spain

Spain, with a GDP of USD 1.7 trillion and a population of 49.3 million people, is the fourth-largest economy in the Eurozone. Its economy grew 3 percent in 2017, the fourth annual positive growth rate since 2007. Forecasts for the next several years suggest growth of approximately 3 percent. Record tourism and export levels, coupled with a revived domestic consumption, helped drive the recovery.  After 15 years of solid GDP growth that made it the world’s ninth largest economy, Spain entered into a recession in the second quarter of 2008, from which it emerged in the third quarter of 2013. Responding to the crisis, the Popular Party (PP) government undertook major initiatives in 2012 to reduce the deficit and reform labor laws, public services, and the financial sector. These reforms have made Spain much more competitive in comparison to costs in other European countries.

To find out more about how you can do business in Spain, please check out our Country Commercial Guide.

A complete Country Commercial Guide for Spain is available here featuring:

  • Doing Business in Spain
  • Political Environment
  • Selling US Products & Services
  • Trade Regulations, Customs, & Standards
  • Investment Climate Statement
  • Trade & Project Financing
  • Business Travel
  • Leading Sectors for US Exports & Investments

We can help you achieve success in Spain and the rest of Europe.  Just locate the U.S. Commercial Service trade specialist in the U.S. nearest you. You can also contact us directly at the US Embassy in Madrid.


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  Notice to Visitors!


  The link you have chosen will take you to a non-U.S. Government website.

  If the page does not appear in 5 seconds, please click this: outside web site

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