Spain joined the European Community since 1986, the economic structure has changed significantly. The traditional farming fisheries in gross domestic product declining proportion of the services sector the proportion gradually increased. National economic sectors, services accounted for 63.7%, industry 24.1%, construction 8.0%, agriculture 4.3%. Close to the current economic structure, the characteristics of the developed countries, overall national strength ranks fifth in the European Union, and the first standard to join the euro in the world have entered the top ten ranks.
2002 West GDP 693.925 billion euros, 2.0% economic growth rate, GDP per capita € 16,100, 3.5% consumer price index, unemployment rate was 11.4%, zero budget deficit.
Foreign trade in a larger proportion of the national economy, imports and exports in 2002 amounted to 303.603 billion euros, of which imports and exports were 1727.89 130.814 billion euros. Largest trading partner is the European Union, 63.2% of its total imports and exports and 70.9%.
As of August, the Spanish inflation rate was 3.0%, 2.0% higher than the EU level. Spain first half of 2003 increased the number of unemployed