- Chief of State:
- King Felipe VI
- Head of Government:
- Prime Minister Mariano Rajoy
- Government Name:
- Kingdom of Spain
- Adopted in 1978; focused upon basic rights & public liberties, duties of the citizens, principles of social & economic policy, structure of the partial monarchy & parliament. This Constitution served as a means to begin the Spanish transition to a democracy.
- Government Type:
- Parliamentary Monarchy
Government Control of Economy
Scale ranks countries on a basis of 1-100, with 100 representing the greatest amount of economic autonomy from government intervention.
Source: Heritage Foundation, http://www.heritage.org/index/heatmap (2015)
Country Risk Rating
|A4||A somewhat shaky political and economic outlook and a relatively volatile business environment can affect corporate payment behavior. Corporate default probability is still acceptable on average.|
|Main Powers||Election Process||Election Cycle 1|
Monarch is commander-in-chief of the Spanish armed forces and nominates a candidate for president of government. Prime minister is president of government, conducts domestic and foreign policy, civil and military administration, and defense of the nation under the king.
Prime minister is elected by parliament.
Prime Minister: No fixed term length
Responsible for processing substantial complaints of wrongdoing against prominent persons such as government ministers, assembly of senators general assembly of representatives and members of the various regional parliaments, senior judges, including the President and judges of the Constitutional Court (the highest tribunal in the Kingdom).
Appointed by the monarch.
Mandatory retirement age of 70
Congress of Deputies & Senate: enactment of any law & amendment of the Constitution; Leader of Opposition: Heads an alternative "Shadow Government" which reflects the vies of the largest party not currently in the Congress of Deputy.
Senate has 208 members elected by plurality vote in multi-member constituencies and 49 members appointed by regional legislatures. Congress of Deputies members are elected through a closed-list proportional representation system.
Foreign Policy Trends: Emphasis of the concept of Hispanidad which links Spain with countries in Latin America. Spain maintains both economic and technical cooperation programs & cultural exchanges with Latin America and countries in the EU. Ties with Morocco due to legal/illegal immigrants. Advocates for increased trade between Europe, North Africa, and the Middle East.
Regional Trade Blocs: European Union
Treaties: NATO, Common Security and Defense Policy
International Organization Participation Source: CIA World Factbook
|ADB||AfDB||Arctic Council||Australia Group||BCIE||BIS|
|Paris Club||PCA||Schengen Convention||SELEC||SICA||UN|
Note: Click table to see details
Environmental Agreements Source: CIA World Factbook
|Air Pollution||Air Pollution-Nitrogen Oxides||Air Pollution-Persistent Organic Pollutants||Air Pollution-Sulfur 94||Air Pollution-Volatile Organic Compounds||Antarctic Treaty|
|Antarctic-Environmental Protocol||Antarctic-Marine Living Resources||Biodiversity||Climate Change||Climate Change-Kyoto Protocol||Desertification|
|Endangered Species||Environmental Modification||Hazardous Wastes||Law of the Sea||Marine Dumping||Marine Life Conservation|
|Ozone Layer Protection||Ship Pollution||Tropical Timber 06||Wetlands||Whaling|
Note: Click table to see details
Tax Information 2
- Tax Authority:
- Ministry of Finance
- Tax Name: