How are economies of Spain and Portugal different?

Answer 1

Spain’s economy is larger and more diverse than Portugal’s, with significant contributions from industries such as automotive, pharmaceuticals, and tourism. While both economies rely heavily on tourism, Spain attracts a greater number of international visitors, leading to a more robust service sector. Additionally, Spain has a more developed agricultural sector, producing a wider variety of products. Portugal, on the other hand, has been focusing on technology and renewable energy, showing growth in these sectors.