Investing in Spain, with its rich history and strong economy, is on the rise.
Investors are now spending more in Spain than in any other European country, with Spanish stocks having risen 8.5% since early September and Spanish equities up 6.6%.
Spain has a population of about 3.5 million and a GDP of around $6 trillion.
That’s more than double the size of Greece, with a GDP per capita of just $3,400.
The country has also a strong economy and is the biggest of the European Union’s 28 countries.
Investment in Spain also is up, as Spanish equity funds have been buying up shares.
The Spanish economy is growing at a robust 3% annual pace and the government is working to make Spain a more attractive investment destination, with more money coming into the country through the European Investment Bank and a growing number of state-backed companies.
Investing in Spanish equals investments in other European countries like France, Germany and Italy.
Investments in Spanish bonds have also been rising in value.
For the year ended in June, the average yield on Spanish bonds rose to 3.55%, while yields on the 10-year government bond fell to 0.73%.
