Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's population falls as immigrants flee crisis

Source: Reuters - Mon 22th Apr 2013
Spain's population falls as immigrants flee crisis

Spain's official population fell last year for the first time since records began as immigrants fled a 5-year on-and-off recession that has sent unemployment soaring.

The number of residents fell by 206,000 to 47.1 million, the National Statistics Institute (INE) said on Monday, a figure entirely accounted for by the fall in the number of registered foreign residents.

It was the first time a population drop had been recorded in official statistics since records began in 1857 - although until 1998 figures were published roughly every decade, rather than annually.

Spain and the rest of Southern Europe are suffering twin economic and fiscal crises.

During a long economic boom that ended abruptly in 2008, Spanish-speaking immigrants from Ecuador, Colombia and Bolivia flocked to Spain to work in construction. Between 2000 and 2010, the immigrant population swelled from 924,000 to 5.7 million.

But building has come to a standstill since a housing bubble burst, and a government spending squeeze to try to meet strict deficit cutting targets imposed by Brussels has further strained the economy. As the unemployment rate has soared to 26%, many immigrants have returned home.

The biggest fall in registered foreign residents was among South Americans, especially Ecuadoreans and Colombians, the statistics agency said.

"There was extraordinary growth (in immigrants) from 2000 to 2009, which is reversing quickly due to the economic crisis," demographer Albert Esteve of the Barcelona Centre for Demographic Studies told Spain National Radio.

"Spain is less attractive because there are no jobs."

Spain's 2 largest groups of immigrants, Romanians and Moroccans, both shrank last year.

Not only are immigrants returning home; many Spaniards are also leaving to look for work abroad. The youth unemployment rate is higher than 50%.

The population of native Spaniards grew last year by 10,000, a smaller increase than in recent years, only minimally offsetting a fall of 216,000 in the number of registered foreigners.

Just last month the BBC reported how some 30'000 UK National Insurance numbers were issued last year alone for Spanish Nationals who had moved to the UK to look for employment.

Recommended Reading

BBC : Rise in Number of Spaniards Moving to Wales for Work

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs