Spain is a southern European country. Spanish is the official language and Catalan, Basque and Galician are co-official languages. Spain is a member of the European Union. It is estimated that foreign multinationals located in Spain account for more than 50% of the country’s exports. Spain has 46 million people and is economically significant in the Eurozone. It is also known for many tourist destinations, including the Canary Islands, Mallorca, and Ibiza. Madrid is home to the headquarters of numerous international and national companies.