Although Spain was traditionally one of the poorest countries in Western Europe, conditions improved substantially after it joined the European Union in 1986. These figures indicate that economic opportunities are now available to the bulk of the population.
Most people earn a decent income.
Still, inflation is low and growth is stable. Spain's modern economic institutions are well suited to European integration. Agricultural products include grains, citrus and other fruits, vegetables, and wine grapes. The country exports some food as well as live animals. Spain is a world leader in the production of wine.