FIRST DELIVERY OF THE PROJECT

CULTURE AND BUSINESS IN EUROPE

TUTOR
MARIA ALEJANDRA PINEDA

INSTITUCIÓN UNIVERSITARIA POLITÉCNICO GRANCOLOMBIANO

FACULTY OF ADMINISTRATIVE, ECONOMIC AND ACCOUNTING SCIENCES
INTERNATIONAL BUSINESS
CULTURE AND REGIONAL ECONOMY OF EUROPE
2019
 CHARACTERIZATION OF THE COUNTRIES

SPAIN

Capital: Madrid

Population: 46.659.302

Currency: Euro

Religion: Mainly Catholicism

Member of: European Union, Euro Zone, EEE, IMF, OTAN, OCDE, ONU,

OSCE

Culture: Personal meetings are essential for Spanish companies, it is a tradition to give

promotional material, notebook, pen or calendar to promote companies. "If the reason to

visit Spain is a business, it is useful to know that Spain is in place 28 of the 190 that make

up the Doing Business ranking, which classifies countries according to the ease they offer

to do business." (expansion 2018)

MACROECONOMIC VARIABLES OF CHINA

VARIABLE 2017 2018 Comments

The gross domestic product of
Spain in 2017 has grown by 3%
total gdp 1.166.319M.€ 1.208.248M.€ compared to 2016. It is a rate 2
tenths lower than that year, when
it was 3.2%.

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Inflation rate 1.96% 1.67% The 2018 closing at 1.2%
(average) represents one more tenth
compared to the closing of 2017
(1.1%)
In 2017, a good year in labor
matters, thus maintaining the
favorable pace of unemployment
Unemploymant 16.5% 14.4% reduction and job creation that
rate has experienced in recent years
after 2018 with a decrease of
2.1%.
Human Index value: Index value: The life expectancy in Spain is
development 0.889 0.891 83.4 years, its mortality rate is
(HDI) Rank:26 Rank:26 9.07 ‰ and its per capita income
is € 25,100.
Doing business Index value: Index value: Spain has fallen 2 places in this
75.73 77.08 ranking, which indicates that it
Rank: 37 Rank: 34 has become more difficult to do
business in the country

BIBLIOGRAPHY

 https://datosmacro.expansion.com/pib/espana?anio=2017
 https://datosmacro.expansion.com/pib/espana?anio=2018

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 https://es.inflation.eu/tasas-de-inflacion/espana/inflacion-historica/ipc-inflacion-
espana-2018.aspx
 https://es.inflation.eu/tasas-de-inflacion/espana/inflacion-historica/ipc-inflacion-
espana-2017.aspx
 https://datosmacro.expansion.com/paro/espana