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Spanish economy

The Spanish economy is the fourth largest in the Eurozone, driven primarily by services, especially tourism, which attracts millions of visitors yearly. Key sectors include agriculture, automotive, and renewable energy. In recent years, Spain has faced challenges like high unemployment and economic fluctuations due to global events. However, it has shown resilience and recovery, supported by reforms and EU funding. Spain's economy is characterized by a blend of vibrant regional markets, strong cultural exports, and ongoing efforts to innovate and improve productivity, positioning itself as a significant player in the European and global economy.