Spain’s population shrinks amid economic crisis

Nearly 216,000 left Spain in 2012, causing the troubled country’s population to shrink for the first time since the 1990’s. The drop to 47.1 million was largely attributed to foreign immigrants, led by Ecuadorians, Columbians, Romanians and Moroccans, who flee Spain as unemployment soared to about 25%, making Spain a less attractive destination for economic immigrants. The economy of Spain, eurozone’s 4th largest economy, shrank by 1.37% in 2012 as it continued to feel the effects of the collapse of a decade-long property boom in 2008.


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