Diplomatic representation in US: chief of mission: Ambassador Jaime De OJEDA Eiseley chancery: 2375 Pennsylvania Avenue NW, Washington, DC 20037 telephone: [1] (202) 452-0100, 728-2340 FAX: [1] (202) 833-5670 consulate(s) general: Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
US diplomatic representation: chief of mission: Ambassador Richard N. GARDNER embassy: Serrano 75, 28006 Madrid mailing address: APO AE 09642 telephone: [34] (1) 577-4000 FAX: [34] (1) 577-5735 consulate(s) general: Barcelona consulate(s): Bilbao
Flag: three horizontal bands of red (top), yellow (double width), and red with the national coat of arms on the hoist side of the yellow band; the coat of arms includes the royal seal framed by the Pillars of Hercules, which are the two promontories (Gibraltar and Ceuta) on either side of the eastern end of the Strait of Gibraltar
@Spain:Economy
Overview: Spain, with a per capita output approximately two-thirds that of the four leading economies of Western Europe, has shared with these countries the recession of the early 1990s and the upturn of their economic fortunes in 1994. But whereas unemployment in these countries has hovered just above 10%, Spain has been forced to cope with a 25% unemployment rate. Continued political turmoil has complicated the establishment of stable government policies toward budgetary restraint, interest rates, labor law reform, and Spain's role in the evolving economic integration of Western Europe. Because the recession has been so deep, the growth in industrial output, tourism, and other sectors in 1994, while welcome, falls far short of the growth required to bring unemployment down to, say, 10%. The recovery in the economies of major trade partners, the comparatively low inflation rate, lower interest rates, and prospects in the tourist sector suggest that Spain can make substantial progress in 1995.
National product: GDP - purchasing power parity - $515.8 billion (1994 est.)
National product real growth rate: 1.8% (1994 est.)
National product per capita: $13,120 (1994 est.)
Inflation rate (consumer prices): 4.9% (1994)
Unemployment rate: 24.5% (yearend 1994)