Spain Profile


The Spanish economy is the ninth largest economy in the world and the fifth among the EU countries. Spain has active trading with Asia and Latin America. It is the second largest investor in Latin America following the USA.

 

Spain is the second largest touristic country in Europe. Tourism Revenues in Spain increased to 8015 EUR Million in August from 7682 EUR Million in July of 2018. Tourism Revenues in Spain averaged 3195.26 EUR Million from 1993 until 2018, reaching an all time high of 8015 EUR Million in August of 2018 and a record low of 890 EUR Million in February of 1993. It is also expected that the Tourism Sector will support the Spanish growing investment up to rates that may overwhelm the economics of other EU countries.

 

Hispasur Global Trading Group business is headquartered in Málaga City – the capital of the southern tourist coast of Spain. This city witnesses many economic variables that result in growth, prosperity and new expansions and project which have positive impact on the Spanish economy in full. On the other hand, the City has active tourist destination for millions of tourists annually, and it is one of the most active touristic destinations in Europe. Furthermore, Málaga (A-47) Project, that will combine the superior technology companies in the world, will be within this city. This Project is anticipated to positively influence the Spanish economy, in general, and the city, in particular. From the airport being expanded and the increasing malls, there are investment opportunities.