How does spain make money




















In Spain, the average home contains 1. In terms of basic facilities, While money may not buy happiness, it is an important means to achieving higher living standards and thus greater well-being. Higher economic wealth may also improve access to quality education, health care and housing.

Household net adjusted disposable income is the amount of money that a household earns each year after taxes and transfers. It represents the money available to a household for spending on goods or services. Having a job brings many important benefits, including: providing a source of income, improving social inclusion, fulfilling one's own aspirations, building self-esteem and developing skills and competencies.

Unemployed persons are defined as those who are not currently working but are willing to do so and actively searching for work. Long-term unemployment can have a large negative effect on feelings of well-being and self-worth and result in a loss of skills, further reducing employability. In Spain, the percentage of the labour force that has been unemployed for a year or longer is currently at 7. The wages and other monetary benefits that come with employment are an important aspect of job quality.

Another essential factor of employment quality is job security, in terms of expected loss of earnings when someone becomes unemployed. This includes how likely you are to lose your job, how long you are likely to remain unemployed and how much financial assistance you can expect from government. Workers facing a high risk of job loss are more vulnerable, especially in countries with smaller social safety nets.

Linking entrepreneurs, investors and civil society, the Network supports the business community in seizing opportunities to create and support green initiatives. Practically, it serves as a one-stop shop offering monitoring, technical assistance, training courses and more to entrepreneurs. The Network also shares best practices, contributes to enterprise creation, identifies promising projects, and clearly defines the meaning of green enterprise, green entrepreneur, eco-investor and other such terms.

For more information see: www. Humans are social creatures. The frequency of our contact with others and the quality of our personal relationships are thus crucial determinants of our well-being. A strong social network, or community, can provide emotional support during both good and bad times as well as provide access to jobs, services and other material opportunities.

A weak social network can result in limited economic opportunities, a lack of contact with others, and eventually, feelings of isolation. Socially isolated individuals face difficulties integrating into society as a contributing member and fulfilling personal aspirations.

A well-educated and well-trained population is essential for a country's social and economic well-being. Education plays a key role in providing individuals with the knowledge, skills and competences needed to participate effectively in society and in the economy.

Having a good education greatly improves the likelihood of finding a job and earning enough money. The Spanish can expect to go through nearly 18 years of education between the ages of 5 and 39 , more than the OECD average of Graduating from upper secondary education has become increasingly important in all countries, as the skills needed in the labour market are becoming more knowledge-based. High-school graduation rates therefore provide a good indication of whether a country is preparing its students to meet the minimum requirements of the job market.

But graduation rates, while important, speak little to the quality of education received. In , PISA focused on examining students' reading ability, skills in maths and level in sciences, as research shows that these skills are more reliable predictors of economic and social well-being than the number of years spent in school.

The average student in Spain scored in reading literacy, maths and sciences , above the OECD average of The best-performing school systems manage to provide high-quality education to all students. In , Castile and Leon implemented the School Learning Environment plan, which focusing on well-being, including anti-bullying procedures, recognition for schools with best practices, and a school environment co-ordinator.

Nearly all publicly funded schools are monitored and report on their learning environment plan twice a year. Student survey results from show that bullying is much lower in the region, only affecting 1 in 40 students compared to 1 in 26 students in Spain as a whole. Castile and Leon is continuing these efforts by adopting a more systematic, participative and integrated approach to update their plan, for example, by introducing a targeted anti-bullying plan.

The quality of our local living environment has a direct impact on our health and well-being. Outdoor air pollution is one important environmental issue that directly affects the quality of people's lives. Despite national and international interventions and decreases in major pollutant emissions, the health impacts of urban air pollution continue to worsen , with air pollution set to become the top environmental cause of premature mortality globally by Air pollution in urban centres, often caused by transport and the use of small-scale burning of wood or coal, is linked to a range of health problems, from minor eye irritation to upper respiratory symptoms in the short-term and chronic respiratory diseases such as asthma, cardiovascular diseases and lung cancer in the long-term.

Children and the elderly may be particularly vulnerable. In Spain, PM2. Access to clean water is fundamental to human well-being. Despite significant progress in OECD countries in reducing water pollution, improvements in freshwater quality are not always easy to discern. Spain is the third largest European manufacturer of cars and the largest manufacturer of light commercial vehicles. Spain introduced the Efficient Vehicle Incentive Programme PIVE in to reduce the negative environmental impacts of vehicle use in Spain by modernising the nation's vehicle stock.

Essential livestock products in Spain include pork, beef, milk, and poultry. The country is heavily reliant on fossil fuels in its energy consumption.

The country has to source most of the fossil fuels from external markets, as the country has few proven oil reserves while its coal is of poor quality. The major oil field in the country is the Ayoluengo oil field, which has an estimated million barrels of proven oil reserves.

The total electricity produced annually in Spain is more than Spain also made history for being the pioneering country to have wind power as its primary energy source for a whole year in A Spanish company, Iberdrola, is recognized as the largest renewable energy producing company in the world.

The primary export commodities from Spain are pharmaceuticals, agricultural goods such as wine and citrus fruits, and automobiles. Installed wind capacity was 23, MW at the end of Spain is the fifth country in the world in terms of installed wind power after China, the U. Over 22, people work in the sector. The Spanish industry exports technology worth over EUR 2. It invests around EUR The wind energy contributes about EUR 2. Major Spanish firms in the banking, telecommunications, infrastructure, and energy sectors have become global leaders.

Procurement decisions for these companies continue to be predominately made in Spain. The auto equipment and parts sector is another leading sector, ranked the sixth largest in the world by turnover and the third largest in Europe.

In terms of total vehicle production, it is the second largest in Europe and the eighth largest in the world. Spain offers excellent potential as a source of visitors to the United States.

Figures for show Spanish arrivals at ,, an increase of 6 percent over , making it the 15 th largest international market for the United States and the fifth largest in Europe. With more than 1, miles of high-speed rail, Spain is second only to China in terms of high-speed train infrastructure. Madrid has high-speed train connections with 27 cities. Create a Board. Create Cancel. Skip to content Spain Country Commercial Guide. Open Articles.



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