Why You Should Invest In Spain In 2024 | INS Global

Why You Should Invest In Spain In 2022

Why You Should Invest In Spain In 2022

septembre 30, 2021

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Les points essentiels à retenir

  1. Spain has well established itself as one of Europe’s economic powers.  Spain has generated increased investment since 2015 and has become one of the most attractive investment options in the region
  2. Spain has a population of just under 47 million people, with nearly 20 million people being part of the active workforce as well as is also considered to have a highly educated population
  3. While recovery has been slowed due to the ongoing effects of Covid-19, according to Statista, Spain’s GDP is forecast to grow by 3.8% from 2020 to 2025
  4. Spanish top industries are tourism, manufacturing, services and agriculture, and Spain could enter the top 20 most competitive nations in the years to come.
  5. Consumer spending in Spain is expected to reach the pre-covid levels in 2022, with increased spending projected all the way through to 2025
  6. INS Global has established systems that aim to help you get started in Spain or any new country you intend to carry out your operations in
Résumé

With vast growth experienced over the past few years, Spain has well established itself as one of Europe’s economic powers. Spain has generated increased investment since 2015 and has become one of the most attractive investment options in the region. With constant reforms that encourage business growth, we explore why Spain has become such an attractive investment destination for years to come.

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The People of Spain

Spain has a population of just under 47 million people, with nearly 20 million people being part of the active workforce. Although Spain is once again in a growth phase, they still face relatively high levels of unemployment, especially amongst young people.

Spain’s population ranked 25 out of 189 countries reviewed on the Human Development Index according to the United Nations (UN). The research measured a number of factors which included standards of living, levels of education, and life expectancy amongst other things.

Spain is also considered to have a highly educated population. Businesses and investors looking for specific skills and talent, would easily be able to find what they are looking for across an array of different industries.

Spain’s Economy

Spain experienced significant difficulty with economic crises, which led to the experience of an economic recession in 2009.

Since the recession started, it had taken more than 5 years for the GDP to recover. While recovery has been slowed due to the ongoing effects of Covid-19, according to Statista, Spain’s GDP is forecast to grow by 3.8% from 2020 to 2025.

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