IMD World Competitiveness Booklet 2021
COMPETITIVENESS TRENDS - OVERALL SPAIN
OVERALL PERFORMANCE (64 countries)
BASIC FACTS Capital Land area (square km '000)
Rank
Madrid
2017 2018 2019 2020 2021
506 2020
34
0.876 2020 47.35 2020 1,281.2 2020 38,197 2020 -10.8 2020 -0.32 2020 15.50 2020 22.73 2020 0.66 2020 751.5 2019 1.06 2019
Exchange Rate (per $)
36
36
36
39
19
Population - market size (millions)
CHALLENGES IN 2021 Preserve and strengthen the business sector. Improve the business climate to reactivate investment. • Preserve and strengthen the business sector. • Improve the business climate to reactivate investment. • Boost digitalization and scientific research, development and technological innovation. • The rebirth of the industry, betting on high-value growth. • The improvement of the employability of working people, rethinking policies of employment in the framework of social dialogue.
14
Gross Domestic Product (GDP) (US$ billions)
33
GDP (PPP) per capita (US$)
62
Real GDP growth (%)
11
Consumer price inflation (%)
58
Unemployment rate (%)
18
Labor force (millions)
36
Current account balance (% of GDP)
12
Direct investment stocks inward ($bn)
Spanish Confederation of Employers, Madrid Provided by: Spanish Confederation of Employers, Madrid
51
Direct investment flows inward (% of GDP)
COMPETITIVENESS LANDSCAPE
Economic Performance
Government Efficiency
Business Efficiency
Infrastructure
Domestic Economy
International Trade
International Investment Employment Prices
Public Finance
Tax Policy
Institutional Framework Business Legislation
Societal Framework
Productivity & Efficiency Labor Market Finance
Management Practices
Attitudes and Values
Basic Infrastructure
Technological Infrastructure Scientific Infrastructure
Health and Environment Education
16
20
23 22
26
28
29
30
31
32
34
37
44
46
47
47
48
52
54
58
PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)
POPULATIONS > 20 MILLION (29 countries)
2017 2018 2019 2020 2021
2017 2018 2019 2020 2021
22
13
23
23
24
14
14
26
15
15
105
IMD WORLD COMPETITIVENESS BOOKLET 2021
Made with FlippingBook Digital Publishing Software