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The economy of Spain is a highly developed social market economy. [28] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe . Spain is a member of the European Union and the eurozone , as well as the Organization for Economic Co-operation and Development and the World Trade Organization .
According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
Spain, which suffered greatly from COVID-19 and the accompanying economic downturn, is likewise grappling with a huge rural population decline problem. Homelessness is a serious socioeconomic issue that affects 40,000 people in Spain (0.09% of the population). Immigrants make up a disproportionate number of the homeless population.
The list below shows all of the autonomous communities and two autonomous cities of Spain. The list shown is from 2023 and is in euros. The list shown is from 2023 and is in euros. The nominal GDP in Spain in 2023 was 1.498.324 million euros.
The film focuses on the Las Hurdes region of Spain, the mountainous area around the town of La Alberca, and the intense poverty of its occupants, who were so backwards and isolated that bread was unknown. A main source of income for them was taking in orphan children, for whom they received a government subsidy.
The definition of relative poverty varies from one country to another, or from one society to another. [2] Statistically, as of 2019, most of the world's population live in poverty: in PPP dollars, 85% of people live on less than $30 per day, two-thirds live on less than $10 per day, and 10% live on less than $1.90 per day. [3]
Falangist propaganda from the Spanish Civil War, reading "By force of arms/Fatherland, Bread and Justice".. The economy of Spain between 1939 and 1959, usually called the Autarchy (Spanish: Autarquía), the First Francoism (Spanish: Primer Franquismo) or simply the post-war (Spanish: Posguerra) was a period of the economic history of Spain marked by international isolation and the attempted ...
Diaz traces the growth of global poverty back to colonization in the 15th century, and features interviews with a number of economists, sociologists, and historians who explain how poverty is the clear consequence of free-market economic policies that allow powerful nations to exploit poorer countries for their assets and keep money in the ...