Spain Economy

Compare Bank Deposit Rates in Spain

The Spanish economy with a population of 46 Million (Est 2010) ranks 13th in the world with a GDP PPP of 1.36 trillion and GDP PPP per capita of 29,625 vs 45,934 (United States) according to the IMF in 2009. It is a part of the European Union and its national currency is the Euro () (EUR) which is the 2nd most traded currency in the world. Bank deposits held for a fixed term in Spain are called term deposits. According to its inflation was 4.1% in 2008 and -0.3% in 2009.