This report is the result of ICD Research / Strategic Defence Intelligence’s extensive market and company research covering the Spanish defense industry. It provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news..

The Spanish Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 offers the reader insights into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Spanish defense industry.

The Spanish Ministry of Defense is expected to spend US$56.68 billion on its armed forces during the forecast period. Defense spending, which grew at a CAGR of -6.7% during the review period, is expected to record a CAGR of 3.2%, largely due to the financial constraints caused by the global financial crisis. Furthermore, defense expenditure as a percentage of the nation’s GDP will increase marginally from an average of 0.73% during the review period to 0.75% during the forecast period. 

Factors such as the strained relationship with Morocco, security threats by armed Basque separatist group ETA, and expenses incurred on international missions will maintain military spending during the forecast period and Spain is expected to spend US$56.68 billion on defense. In addition, maritime security threats and drug trafficking will drive homeland security spending. To safeguard its coastline, Spain is anticipated to procure access control systems, upgrade its CCTV systems, and integrate its access control systems across multiple locations and maritime security systems.

The Spanish Defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 provides detailed analysis of the current industry size and growth expectations from 2013 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

The report provides detailed analysis of the current industry size and growth expectations from 2013 to 2017, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.

The report includes trend analysis of imports and exports, together with their implications and impact on the Spanish defense industry.

The report covers five forces analysis to identify various power centers in the industry and how these are forecast to develop in the future.

The report allows readers to identify possible ways to enter the market, together with detailed descriptions of how existing companies have entered the market including key contracts, alliances, and strategic initiatives.

The report helps the reader to understand the competitive landscape of the defense industry in Spain. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives, and a brief financial analysis.

In 2012, the Spanish defense budget decreased by 4.9% from that of 2011 to US$9.48 billion. While Spanish defense expenditure recorded negative growth of -6.7% during the review period, it is expected to record a CAGR of 3.2% during the forecast period. Furthermore, the share of capital expenditure in the total defense budget is also expected to decrease from an average of 18.7% during the review period to 14.9% during the forecast period. As this is expected to reduce market opportunities, investments are expected to fall, which will hinder the growth of the Spanish defense industry.

The growth of the Spanish defense industry is additionally hindered by the project delays associated with the global financial crisis, which lead to project cancellations and rising costs. In particular, the implementation of a European defense industry has caused several project delays, as often member countries are unable to agree unanimously over issues such as specifications.

During 2007-2011, arms imports decreased at a CAGR of -7.6% which reflected the reduction in the Spanish defense budget. However, during the forecast period, the nation is expected to acquire armored vehicles and missile defense systems, as its domestic defense sector is underdeveloped in both of these categories.

Spanish defense expenditure expected to be US$12.1 billion by 2017
In 2012, the Spanish defense budget valued US$9.48 billion and grew at a CAGR of -6.7% during the review period due to the budget cuts associated with the effects of the global economic crisis. However, the Spanish defense budget is expected to register a CAGR of 3.2% during the forecast period, to value US$12.08 billion in 2017. The defense budget avoided further cuts because of costly factors such as international missions, security threats and Spain’s strained relationship with Morocco.

Revenue expenditure to continue to account for the majority of defense expenditure
During the review period, Spain spent an average of 18.7% of its total defense expenditure on the acquisition of military hardware, or capital expenditure, whilst 81.3% was allocated for revenue expenditure. Although the share of capital expenditure in the total defense budget is expected to decrease to an average of 14.9% during the forecast period, the capital expenditure budget is forecast to grow at a CAGR of 1.8% to 2017.

Security threats will drive the demand for armored fighting vehicles
Persistent security threats from the Basque separatist group, ETA, and the increased risk of terrorism from international terrorist organizations such as Al-Qaeda have forced the nation to enhance the safety and mobility of Spanish troops. The nation’s armed forces operate the light multi-role vehicle (LMV) manufactured by Iveco and the RG-31 developed by BAE Systems, but the country is expected to procure 4x4 armored vehicles to support troops, along with 8x8 armored vehicles to replace the 6x6 vehicles in service.

Homeland security market to grow at a CAGR of 3.4% to 2017
In 2012, the Spanish homeland security market valued US$11.2 billion and decreased at a CAGR of -4.8% during the review period. Following this, the Spanish homeland security market is expected to record a CAGR of 3.4% during the forecast period to reach US$13.2 billion by 2017. Despite the global economic crisis, spending on homeland security is expected to increase during the forecast period because of a rise in internal security threats, such as the risk of terrorist attacks by ETA and Al-Qaeda, and a rise in the trade of illicit drugs within the country.

1.1. What is this Report About? 

1.2. Definitions 

1.3. Summary Methodology 

1.4. SDI Terrorism Index 

1.5. About Strategic Defence Intelligence (www.strategicdefenceintelligence.com) 

3.1. Defense Market Size - Historical and Forecast 

3.1.1. Spanish defense expenditure expected to be US$XX billion by 2017 

3.1.2.Strained relationship with Morocco, security threats and international peacekeeping missions will drive defense expenditure during forecast period 

3.1.3.Defense expenditure as a percentage of GDP to be at XX% during the forecast period 

3.2. Analysis of Defense Budget Allocation 

3.2.1Revenue expenditure accounts for a majority of the Spanish defense budget 

3.2.2.Share of army expenditure expected to increase 

3.2.3.Revenue expenditure for army expected to increase during the forecast period 

3.2.4.Naval defense budget expected to be US$XX billion by 2017 

3.2.5.Country expected to spend US$XX billion on its air force during 2013-2017 

3.2.6.The majority of the defense budget is allocated for the Secretary for State of Defense, intelligence services and Secretary of Defense 

3.3.Homeland Security Market Size and Forecast 

3.3.1.Homeland security market expected to grow at a CAGR of XX% during forecast period 

3.3.2.Maritime security threats and drug trafficking will drive homeland security spending 

3.3.3.Spain is ""moderately affected"" by terrorism 

3.3.4.Spain has a terrorism index score of XX 

3.4.Benchmarking with Key Global Markets 

3.4.1.Spanish defense expenditure expected to decrease during the forecast period 

3.4.2.The country's defense budget is moderate compared to other leading spenders 

3.4.3.Spanish defense expenditure as a percentage of GDP lowest among the leading spenders 

3.4.4.Spain faces moderate terror threat 

3.5.Market Opportunities: Key Trends and Drivers 

3.5.1.Security threats will drive the demand for armored fighting vehicles 

3.5.2.International missions will drive the demand for helicopters 

3.5.3.Technology catering to border security and critical infrastructure protection will record a surge in demand 

3.5.4.Demand for missile defense systems expected to increase 

3.5.5.Demand for armored vehicles are expected to surge during the forecast period

 

4.1.Import Market Dynamics 

4.1.1.Acquisition of modern technology drives Spanish defense imports 

4.1.2.Defense imports decreased in 2011 

4.1.3.Germany emerged as significant arms supplier to Spain 

4.1.4.Armored vehicles account for majority of imports 

4.2.Export Market Dynamics 

4.2.1.Arms exports continued to increase during the review period 

4.2.2.Majority of Spanish arms are exported to Norway 

4.2.3.Ships are the most exported defense goods 

5.1.Five Forces Analysis 

5.1.1. Bargaining power of supplier: low 

5.1.2. Bargaining power of buyer: high 

5.1.3. Barrier to entry: medium 

5.1.4. Intensity of rivalry: high 

5.1.5. Threat of substitution: high 

6.1. Market Regulation 

6.1.1.Offset policy mandates suppliers to invest XX% of the contract value into the Spanish economy 

6.1.2. Spanish defense industry open to foreign direct investment 

6.2. Market Entry Route 

6.2.1.Foreign OEMs venture into the market by partnering with domestic defense firms 

6.2.2.  Joint RandD provides an attractive entry route to foreign OEMs 

6.3. Key Challenges 

6.3.1. Defense budget cuts discourage investors from entering the industry 

6.3.2. Project delays deter defense industry growth 

7.1. Competitive landscape Overview 

7.2. Key Foreign Companies 

7.2.1. Thales: overview 

7.2.2. Thales: Defense Products 

7.2.3. Thales: recent announcements and strategic initiatives 

7.2.4. Thales: alliances 

7.2.5. Thales: recent contract wins 

7.2.7. Iveco: overview 

7.2.8. Iveco: defense products 

7.2.9. Iveco: recent announcements and strategic initiatives 

7.2.10. Iveco: recent contract wins 

7.3. Key Public Sector Companies 

7.3.1. Navantia: overview 

7.3.2. Navantia: defense products 

7.3.3. Navantia: recent announcements and strategic initiatives 

7.3.4. Navantia: alliances 

7.3.5. Navantia: recent contract wins 

7.4. Key Private Sector Companies 

7.4.1. Santa Barbara Sistemas: overview 

7.4.2. Santa Barbara Sistemas: defense products 

7.4.3. Santa Barbara Sistemas: recent announcements and strategic initiatives 

7.4.4. Santa Barbara Sistemas: alliances 

7.4.5. Santa Barbara Sistemas: recent contract wins 

7.4.6. Aernnova Aerospace S.A.: overview 

7.4.7. Aernnova Aerospace S.A.: defense products 

7.4.8. Aernnova Aerospace S.A.: recent announcements and strategic initiatives 

7.4.9. Aernnova Aerospace S.A.: recent contract wins 

7.4.10. Aernnova Aerospace S.A.:  financial analysis 

7.4.11. Aries Ingenieria Y Sistemas, S.A.: overview 

7.4.12. Aries Ingenieria Y Sistemas, S.A.: defense products 

7.4.13.Aries Ingenieria Y Sistemas, S.A.: recent announcements and strategic initiatives 

7.4.14. Indra Sistemas S.A.: overview 

7.4.15. Indra Sistemas SA: defense products 

7.4.16. Indra Sistemas S.A.: recent announcements and strategic initiatives 

7.4.17. Indra Sistemas S.A.: alliances 

7.4.18. Indra Sistemas S.A.: recent contract wins 

7.4.19. Sociedad Anonima De Electrónica Submarina, S.A.: overview 

7.4.20. Sociedad Anonima De Electrónica Submarina, S.A.: defense products 

7.4.21.Sociedad Anonima De Electrónica Submarina, S.A.: recent announcements and strategic initiatives 

7.4.22. Sociedad Anonima De Electrónica Submarina, S.A.: alliances 

7.4.23. Sociedad Anonima De Electrónica Submarina, S.A.: recent contract wins 

7.4.24. Parafly, S.A.: overview 

7.4.25. Parafly, S.A.: defense products 

7.4.26. Tecnobit: overview 

7.4.27. Tecnobit: defense products 

7.4.28. Tecnobit: recent announcements and strategic initiatives 

7.4.29. Tecnobit: alliances 

7.4.30. Tecnobit: recent contract wins 

7.4.31. Tecnobit:  financial analysis 

7.4.32. Uro Vehiculos Especiales S.A.: overview 

7.4.33. Uro Vehiculos Especiales S.A.: defense products 

7.4.34. Uro Vehiculos Especiales S.A.: recent announcements and strategic initiatives 

7.4.35. Uro Vehiculos Especiales S.A.: recent contract wins 

7.4.36. Amper: overview 

7.4.37. Amper: defense products 

7.4.38. Amper: recent announcements and strategic initiatives 

7.4.39. Amper: alliances 

7.4.40. Amper: recent contract wins 

7.4.41. Amper:  financial analysis 

8.1. Demographics and Social Statistics 

8.1.1. Population - Female 

8.1.2. Population - Male 

8.2. Economic Performance 

8.2.1. Business Confidence index 

8.2.2. Construction Output, Current Prices, Local Currency 

8.2.3. Construction Output, Current Prices, US Dollars 

8.2.4. Current Account Balance as Percentage of GDP 

8.2.5. Exports of goods and services, current prices 

8.2.6. Exports of services, local currency bn 

8.2.7.Fiscal Balance as a percentage of GDP 

8.2.8.Foreign Direct Investment 

8.2.9.GDP at Purchasing Power Parity 

8.2.10.GDP, Constant Prices (Local Currency) 

8.2.11.GDP, Constant Prices (US$) 

8.2.12.GDP, Current Prices (Local Currency) 

8.2.13.GDP, Current Prices (US$) 

8.2.14.General Government Final Consumption Expenditure 

8.2.15.Gross Fixed Capital Formation, Current Prices 

8.2.16.Imports of goods and services 

8.2.17.Imports of services 

8.2.18.Inflation, average consumer prices 

8.2.19.Manufacturing Output, Current Prices (Local Currency Bn) 

8.2.20.Manufacturing Output, Current Prices (US$ Billions) 

8.2.21.Market cap of Stock Exchange (US$ bn) 

8.2.22.US$- Exchange Rate (EoP) 

8.2.23.Wholesale Price Index 

8.3.Energy and Utilities 

8.3.1.Crude Oil Distillation Capacity 

8.3.2.Electricity Exports 

8.3.3.Electricity Imports 

8.3.4.Electricity Installed Capacity 

8.3.5.Fossil Fuels Proved natural gas reserves 

8.3.6.Fossil Fuels- Proved oil reserves 

8.3.7.Hydroelectricity Installed Capacity 

8.3.8.Natural Gas Consumption 

8.3.9.Natural Gas Imports 

8.3.10.Natural Gas Production 

8.3.11.Net Conventional Thermal Electricity Generation 

8.3.12.Net Geothermal, Solar, Wind, and Wood Electric Power Generation 

8.3.13.Net Hydroelectric Power Generation 

8.3.14.Nuclear Electricity Net Generation 

8.3.15.Petroleum, Consumption 

8.3.16.Petroleum, Production 

8.4.Labor 

8.4.1.People Employed in R and D 

8.5.Minerals 

8.5.1.Coal Consumption 

8.5.2.Coal Production 

8.6.Social and Political Risk 

8.6.1.Political Stability Index 

8.6.2.Transparency Index 

8.7.Technology 

8.7.1.Fixed Broadband Internet Subscribers 

8.7.2.Gross Domestic Expenditure on Research and Development as % of GDP 

8.7.3.Investment in Telecommunication 

8.7.4. Patents Granted 

8.7.5. Software Patents 

8.7.6. Fixed line calling cost local 

8.7.7. Fixed Line Calling Cost National 

9.1. Contact Us 

9.2. About SDI 

9.3. Disclaimer 

Table 1: Spanish Defense Expenditure, 2008-2012 

Table 2: Spanish Defense Expenditure, 2013-2017 

Table 3: Spanish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP, 2008-2012 

Table 4: Spanish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP, 2013-2017 

Table 5: Spanish Defense Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Table 6: Spanish Defense Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Table 7: Spanish Defense Budget Breakdown (%), 2008-2012 

Table 8: Spanish Defense Budget Breakdown (%), 2013-2017 

Table 9: Spanish Army Budget Split Between Capital and Revenue Expenditure (%),  2008-2012 

Table 10: Spanish Army Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Table 11: Spanish Navy Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Table 12: Spanish Navy Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Table 13: Spanish Air Force Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Table 14: Spanish Air Force Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Table 15: Spanish Other Category Defense Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Table 16: Spanish Other Category Defense Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Table 17: Spanish Homeland Security Budget (US$ billion), 2008-2012 

Table 18: Spanish Homeland Security Budget (US$ billion), 2013-2017 

Table 19: Benchmarking with Key Markets - 2007-2011 vs. 2012-2016 

Table 20: SDI Terrorism Index 

Table 21: Spanish Defense Offset Regulations 

Table 22: Market Entry Strategies by Key Foreign Companies 

Table 23: Thales- Product Focus 

Table 24: Thales: Alliances 

Table 25: Thales - Recent Contracts 

Table 26: Iveco- Key Products and Services 

Table 27: Iveco - Recent Contract Wins 

Table 28: Navantia - Key Products and Services 

Table 29: Navantia - Alliances 

Table 30: Navantia - Recent Contract Wins 

Table 31: Santa Barbara Sistemas - Key Products and Services 

Table 32: Santa Barbara Sistemas - Alliances 

Table 33: Santa Barbara Sistemas- Recent Contract Wins 

Table 34: Aernnova Aerospace S.A. - Key Products and Services 

Table 35: Aernnova Aerospace S.A. - Recent Contract Wins 

Table 36: Aries Ingenieria Y Sistemas, S.A - Key Products and Services 

Table 37: Indra Sistemas SA - Key Products and Services 

Table 38: Indra Sistemas S.A. - Alliances 

Table 39: Indra Sistemas S.A. - Recent Contract Wins 

Table 40: Sociedad Anonima De Electrónica Submarina, S.A. - Key Products and Services 

Table 41: Sociedad Anonima De Electrónica Submarina, S.A. - Alliances 

Table 42: Sociedad Anonima De Electrónica Submarina, S.A. - Recent Contract Wins 

Table 43: Parafly, S.A - Key Products and Services 

Table 44: Tecnobit - Key Products and Services 

Table 45: Tecnobit - Alliances 

Table 46:  - Recent Contract Wins 

Table 47: Uro Vehiculos Especiales S.A. - Key Products and Services 

Table 48: Uro Vehiculos Especiales S.A. - Recent Contract Wins 

Table 49: Amper  - Key Products and Services 

Table 50: Amper  - Alliances 

Table 51: Amper - Recent Contract Wins 

Figure 1: Spanish Defense Expenditure, 2008-2012 

Figure 2: Spanish Defense Expenditure, 2013-2017 

Figure 3: Spanish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP, 2008-2012 

Figure 4: Spanish GDP Growth vs. Defense Expenditure Growth and Defense Expenditure as Percentage of GDP, 2013-2017 

Figure 5: Spanish Defense Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Figure 6: Spanish Defense Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Figure 7: Spanish Defense Budget Breakdown (%), 2008-2012 

Figure 8: Spanish Defense Budget Breakdown (%), 2013-2017 

Figure 9: Spanish Army Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Figure 10: Spanish Army Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Figure 11: Spanish Navy Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Figure 12: Spanish Navy Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Figure 13: Spanish Air Force Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Figure 14: Spanish Air Force Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Figure 15: Spanish Other Category Defense Budget Split Between Capital and Revenue Expenditure (%), 2008-2012 

Figure 16: Spanish Other Category Defense Budget Split Between Capital and Revenue Expenditure (%), 2013-2017 

Figure 17: Spanish Homeland Security Budget (US$ billion), 2008-2012 

Figure 18: Spanish Homeland Security Budget (US$ billion), 2013-2017 

Figure 19: SDI Terrorism Heat Map, 2011 

Figure 20: SDI Terrorism Index, 2011 

Figure 21: Benchmarking with Key Markets - 2007-2011 vs. 2012-2016 

Figure 22: Defense Expenditure of the World's Largest Military Spenders (US$ Billion),  2011 and 2016 

Figure 23: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2011 

Figure 24: Spanish Defense Import Trend, 2007-2011 (TIV values) 

Figure 25: Spanish Defense Imports by Country (%), 2007-2011 

Figure 26: Spanish Defense Imports by Category (%), 2007-2011 

Figure 27: Spanish Defense Exports by Value (US$ million), 2007-2011 

Figure 28: Spanish Defense Exports by Country (%), 2007-2011 

Figure 29: Spanish Defense Exports by Category (%), 2007-2011 

Figure 30: Industry Dynamics - Porter's Five Forces Analysis 

Figure 31: Aernnova Aerospace S.A. - Revenue Trend Analysis (EUR Million), 2007-2010 

Figure 32: Aernnova Aerospace S.A. - Profit Before Tax Trend Analysis (EUR Million), 2007-2010 

Figure 33: Aernnova Aerospace S.A. - Net Profit Trend Analysis (EUR Million), 2007-2010 

Figure 34: Tecnobit - Revenue Trend Analysis (EUR Million), 2007-2010 

Figure 35: Tecnobit - Operating Profit Trend Analysis (EUR Million), 2007-2010 

Figure 36: Tecnobit - Net Profit Trend Analysis (EUR Million),  2007-2010 

Figure 37: Amper - Revenue Trend Analysis (EUR Million), 2007-2011 

Figure 38: Amper - Profit Before Tax Trend Analysis (EUR Million), 2007-2011 

Figure 39: Amper - Net Profit Trend Analysis (EUR Million), 2007-2011 

Figure 40: Spanish Population - Female (In Millions), 2008-2017 

Figure 41: Spanish Population - Male (In Millions), 2008-2017 

Figure 42: Spanish Business Confidence index, 2003-2012 

Figure 43: Spanish Construction Output, Current Prices, Local Currency (In Billions),    2001-2010 

Figure 44: Spanish Construction Output, Current Prices, US Dollars (In Billions), 2001-2010 

Figure 45: Spanish Current Account Balance as Percentage of GDP, 2008-2017 

Figure 46: Spanish Exports of goods and services, current prices (US$ Billion), 2001- 2010 

Figure 47: Spanish Exports of Services, Local Currency (Billion), 2003-2012 

Figure 48: Spanish Fiscal Balance as a Percentage of GDP, 2001-2010 

Figure 49: Spanish Foreign Direct Investment (US$ Billion), 2001-2010 

Figure 50: Spanish GDP at Purchasing Power Parity (US$ Billion), 2006-2015 

Figure 51: Spanish GDP at Constant Prices (Local Currency Billion), 2006-2015 

Figure 52: Spanish GDP at Constant Prices (US$ Billion), 2006-2015 

Figure 53: Spanish GDP at Current Prices (Local Currency Billion), 2006-2015 

Figure 54: Spanish GDP at Current Prices (US$ Billion), 2006-2015 

Figure 55: Spanish General Government Final Consumption Expenditure (US$ Billion),  2001-2010 

Figure 56: Spanish Gross Fixed Capital Formation, Current Prices (US$ Billion), 2001-2010 

Figure 57: Spanish Imports of goods and services (current US$ Billion), 2001-2010 

Figure 58: Spanish Imports of services (Local Currency Billion), 2003-2012 

Figure 59: Spanish Inflation, average consumer prices, 2008-2017 

Figure 60: Spanish Manufacturing Output, Current Prices (Local Currency Billion), 2001-2010 

Figure 61: Spanish Manufacturing Output, Current Prices (US$ Billion), 2001-2010 

Figure 62: Spanish Market cap of Stock Exchange (US$ bn), 2001-2010 

Figure 63: Spanish US$- Exchange Rate (EoP), 2002-2011 

Figure 64: Spanish Wholesale Price Index, 2000-2009 

Figure 65: Spanish Crude Oil Distillation Capacity (Thousand Barrels Per Cal Day), 2000-2009 

Figure 66: Spanish Electricity Installed Capacity (Billion Kilowatt hours), 2001-2010 

Figure 67: Spanish Electricity Imports (Billion Kilowatt hours), 2001-2010 

Figure 68: Spanish Electricity Installed Capacity (Million Kilowatts), 2000-2009 

Figure 69: Spanish Fossil Fuels Proved Natural Gas Reserves (Trillion Cubic Feet), 2002-2011 

Figure 70: Spanish Fossil Fuels Proved Oil Reserves (Billion Barrels), 2002-2011 

Figure 71: Spanish Hydroelectricity Installed Capacity (Million Kilowatts), 2000-2009 

Figure 72: Spanish Natural Gas Consumption (Billion Cubic Feet), 2001-2010 

Figure 73: Spanish Natural Gas Imports (Billion Cubic Feet), 2001-2010 

Figure 74: Spanish Natural Gas Production (Billion Cubic Feet), 2001-2010 

Figure 75: Spanish Net Conventional Thermal Electricity Generation (Billion Kilowatt hours), 2001-2010 

Figure 76: Spanish Net Geothermal, Solar, Wind, and Wood Electric Power Generation (Billion Kilowatt hours), 2001-2010 

Figure 77: Spanish Net Hydroelectric Power Generation (Billion Kilowatt hours), 2001-2010 

Figure 78: Spanish Net Hydroelectric Power Generation (Billion Kilowatt hours), 2001-2010 

Figure 79: Spanish Petroleum Consumption (Thousand Barrels Per Day), 2002-2011 

Figure 80: Spanish Petroleum Production (Thousand Barrels Per Day), 2002-2011 

Figure 81: Spanish People Employed in R and D (Number of researchers per million people), 2000-2009 

Figure 82: Spanish Coal Consumption (Thousand Short Tons), 2001-2010 

Figure 83: Spanish Coal Production (Thousand Short Tons), 2001-2010 

Figure 84: Spanish Political Stability Index, 2002-2010 

Figure 85: Spanish Transparency Index, 2002-2011 

Figure 86: Spanish Fixed Broadband Internet Subscribers (Thousands), 2001-2010 

Figure 87: Gross Domestic Expenditure on Research and Development as % of GDP, 2000-2009 

Figure 88: Investment in Telecommunication, 2000-2009 

Figure 89: Patents Granted, 2002-2011 

Figure 90: Software Patents, 2003-2011 

Figure 91: Fixed line calling cost local, 2001-2010 

Figure 92: Fixed Line Calling Cost National, 2001-2010