section_path: Views on the G20's exclusivity of membership/Spanish position on membership
section_name: Spanish position on membership
paragraph_text: Spanish position on membership
  
  Spain is the world's twelfth largest economy by nominal GDP (the fifteenth largest by purchasing power parity), the fourth in the European Union, and the second among Spanish-speaking countries. In addition, since the 1990s several Spanish companies have gained multinational status, and Spain is an important foreign investor worldwide. Its numbers exceed the numbers of several current members of the G20 such as Argentina or South Africa. This has led to what Henley et al consider to be a de facto position as a member of the G20. However, Spain, a permanent guest, does not plan to request official membership.