Kingdom of Spain, is a country in southwestern Europe with parts of territory in the Atlantic Ocean and across the Mediterranean Sea. The largest part of Spain is situated on the Iberian Peninsula; its territory also includes the Canary Islands in the Atlantic Ocean, the Balearic Islands in the Mediterranean Sea, the autonomous cities of Ceuta and Melilla, and several minor overseas territories
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Economy: It is a highly developed social market economy. Spain has a capitalist mixed economy. The Spanish economy is the fifth-largest in Europe behind Germany, the United Kingdom, France and Italy as well as the fourth-largest in the eurozone based on nominal GDP statistics. In 2019, Spain was the fifteenth-largest exporter in the world and the fourteenth-largest importer. Spain is listed 25th in the United Nations Human Development Index and 32nd in GDP per capita by the World Bank.
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