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Spain (continued)

Wheat Council, NATO, OAS (observer), OECD, UN, UNESCO, UPU, WEU, WHO, WIPO, WMO, WSG, WTO

Diplomatic representation: Ambassador Julian SANTAMARIA; Chancery at 2700 15th Street NW, Washington DC 20009; telephone (202) 265-0190 or 0191; there are Spanish Consulates General in Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico); US—Ambassador Joseph ZAPPALA; Embassy at Serrano 75, Madrid 6 (mailing address is APO New York 09285); telephone [34](1) 276-3400 or 3600; there is a US Consulate General in Barcelona and a Consulate in Bilbao

Flag: three horizontal bands of red (top), yellow (double width), and red with the national coat of arms on the hoist side of the yellow band; the coat of arms includes the royal seal framed by the Pillars of Hercules which are the two promontories (Gibraltar and Ceuta) on either side of the eastern end of the Strait of Gibraltar


Economy


Overview: This Western capitalistic economy has done well since Spain joined the European Economic Community in 1986. With increases in real GNP of 5.5% in 1987 and about 5% in 1988 and 1989, Spain has been the fastest growing member of the EC. Increased investment—both domestic and foreign—has been the most important factor pushing the economic expansion. Inflation moderated to 4.8% in 1988, but an overheated economy caused inflation to reach an estimated 7% in 1989. Another economic problem facing Spain is an unemployment rate of 16.5%, the highest in Europe.

GNP: $398.7 billion, per capita $10,100; real growth rate 4.8% (1989 est.)

Inflation rate (consumer prices): 7.0% (1989 est.)

Unemployment rate: 16.5% (1989 est.)

Budget: revenues $57.8 billion; expenditures $66.7 billion, including capital expenditures of $10.4 billion (1987)

Exports: $40.2 billion (f.o.b., 1988); commodities—foodstuffs, live animals, wood, footwear, machinery, chemicals; partners—EC 66%, US 8%, other developed countries 9%

Imports: $60.4 billion (c.i.f., 1988); commodities—petroleum, footwear, machinery, chemicals, grain, soybeans, coffee, tobacco, iron and steel, timber, cotton, transport equipment; partners—EC 57%, US 9%, other developed countries 13%, Middle East 3%

External debt: $32.7 billion (1988)

Industrial production: growth rate 3.0% (1988)

Electricity: 46,589,000 kW capacity; 157,040 million kWh produced, 3,980 kWh per capita (1989)

Industries: textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools

Agriculture: accounts for 5% of GNP and 14% of labor force; major products—grain, vegetables, olives, wine grapes, sugar beets, citrus fruit, beef, pork, poultry, dairy; largely self-sufficient in food; fish catch of 1 .4 million metric tons among top 20 nations

Aid: US commitments, including Ex-Im (FY70-87), $1.9 billion; Western (non-US) countries, ODA and OOF bilateral commitments (1970-79), $545.0 million

Currency: peseta (plural—pesetas); 1 peseta (Pta) = 100 céntimos

Exchange rates: pesetas (Ptas) per US$1—109.69 (January 1990), 118.38 (1989), 116.49 (1988), 123.48 (1987), 140.05 (1986), 170.04 (1985)

Fiscal year: calendar year


Communications


Railroads: 15,430 km total; Spanish National Railways (RENFE) operates 12,691 km 1.668-meter gauge, 6,184 km electrified, and 2,295 km double track; FEVE (government-owned narrow-gauge railways) operates 1,821 km of predominantly 1.000-meter gauge and 441 km electrified; privately owned railways operate 918 km of predominantly 1.000-meter gauge, 512 km electrified, and 56 km double track

Highways: 150,839 km total; 82,513 km national (includes 2,433 km limited-access divided highway, 63,042 km bituminous treated, 17,038 km intermediate bituminous, concrete, or stone block) and 68,326 km provincial or local roads (bituminous treated, intermediate bituminous, or stone block)

Inland waterways: 1,045 km, but of minor economic importance

Pipelines: 265 km crude oil; 1,794 km refined products; 1,666 km natural gas

Ports: Algeciras, Alicante, Almería, Barcelona, Bilbao, Cádiz, Cartagena, Castellón de la Plana, Ceuta, El Ferrol del Caudillo, Puerto de Gijón, Huelva, La Coruña, Las Palmas (Canary Islands), Mahón, Málaga, Melilla, Rota, Santa Cruz de Tenerife, Sagunto, Tarragona, Valencia, Vigo, and 175 minor ports

Merchant marine: 324 ships (1,000 GRT or over) totaling 3,492,563 GRT/6,128,190 DWT; includes 2 passenger, 9 short-sea passenger, 121 cargo, 19 refrigerated cargo, 17 container, 23 roll-on/roll-off cargo, 51 petroleum, oils, and lubricants (POL) tanker, 16 chemical tanker, 10 liquefied gas, 1 specialized tanker, 1 combination ore/oil, 49 bulk, 5 vehicle carrier

Civil air: 142 major transport aircraft

Airports: 110 total, 103 usable; 62 with permanent-surface runways; 4 with runways over 3,659 m; 20 with runways 2,440-3,659 m; 29 with runways 1,220-2,439 m

Telecommunications: generally adequate, modern facilities; 15,310,000 telephones; stations—196 AM, 404 (134 relays) FM, 143 (1,297 relays) TV; 17 coaxial submarine cables; communications satellite earth stations operating in INTELSAT (5 Atlantic Ocean, 1 Indian Ocean), MARISAT, and ENTELSAT systems


Defense Forces


Branches: Army, Navy, Air Force

Military manpower: males 15-49, 10,032,649; 8,141,384 fit for military service; 338,582 reach military age (20) annually

Defense expenditures: 2.1% of GDP, or $8.4 billion (1989 est.)

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