Ministerio de Economia y Competitividad

What Ministerio de Economia y Competitividad does

The Ministerio de Economía, Comercio y Empresa — formerly Ministerio de Economía y Competitividad, and currently led by First Vice-President Carlos Cuerpo Caballero since December 2023 — is the government ministry of Spain responsible for formulating and implementing national economic policy, trade policy, treasury operations, financial sector regulation, insurance and pension fund supervision, and Spain's representation in international economic forums including the EU, IMF, World Bank, G20, OECD, EIB, and EBRD. The ministry serves all Spanish citizens, businesses, and public entities through administrative services, regulatory functions, trade facilitation programs, and public debt management, and does not generate commercial revenue. Its core operational pillars include the Secretaría General del Tesoro y Financiación Internacional (public debt management and international financial relations), the Dirección General de Seguros y Fondos de Pensiones (insurance and pension supervision under EIOPA authority), the State Secretariat for Commerce (trade policy and the international commercial offices network), and the Dirección General de Análisis Económico (macroeconomic forecasting and policy evaluation via the BDSICE database of over 10,000 time series).

The ministry's principal product surface spans government functions rather than commercial offerings: the Plan de Recuperación, Transformación y Resiliencia managing Spain's Next Generation EU funds including PERTEs for microelectronics (PERTE Chip) and language economy (PERTE Nueva Economía de la Lengua); the Technical Support Instrument coordination with DG REFORM for institutional reform; the Sede Electrónica providing digital administrative procedures; the ELISA dashboard for recovery plan execution tracking; and specialized programs such as Desafía San Francisco for women-led tech startups and the Central Library with over 100,000 documents. Underlying technology is limited to public-sector IT infrastructure including the SGTIC unit, which in 2026 adopted Vibe Coding as an internal AI-assisted programming methodology. The ministry holds GDPR compliance under EU Regulation 2016/679 and Ley Orgánica 3/2018, and accessibility self-assessed under Real Decreto 1112/2018.

Its business model is that of a sovereign administrative institution: funded through Spain's national budget appropriations, operating under the executive branch of the Government of Spain, and overseen through dependent bodies, state secretariats, and directorates general. Distribution occurs through the electronic headquarters (sede electrónica) for domestic digital services, the international economic and commercial offices network for trade facilitation abroad, and institutional representation in multilateral forums for policy coordination. There are no shareholders, private investors, or commercial pricing structures; the entity's value proposition derives from exclusive legal authority over its mandate rather than market-based competition.

Name

Ministerio de Economia y Competitividad

Legal name

Ministerio de Economía, Comercio y Empresa

Website

https://mineco.gob.es

Company type

Public

Founded year

1951

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Ministerio de Economía, Comercio y Empresa is Spain's government ministry for economic policy, trade, treasury, financial regulation, insurance supervision, and international economic representation, serving citizens, businesses, and public entities through administrative services and EU Recovery Plan fund management.

Ownership category

akta.pro rank

Product category

Government Economic Policy Administration

NAICS

Executive, Legislative, and Other General Government Support (921), Administration of Economic Programs (9261), Public Finance Activities (92113)

SIC

International Affairs (9721)

akta.pro industry

PRIMARYBPAIAAAA

Executive Office / Cabinet Secretariat

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

SECONDARYBPAIAAAB

Central Government Policy, Strategy & Performance (incl. OMB-style functions)

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

SECONDARYBPAIAAAL

Trade, Industry & Economic Development Administration

Business & Public Services/Public Sector & Government Administration/Central/Federal Government Administration

SECONDARYBPAIAEAH

Financial Risk, Controls & Audit (Public Sector)

Business & Public Services/Public Sector & Government Administration/Public Finance, Treasury & Procurement

Keywords

• Economic policy administration
• Public debt management
• Financial sector regulation
• Trade internationalization services
• EU recovery fund management

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels4 records

Marketing channels5 records

Core offering

The Ministerio de Economía y Competitividad (now Ministerio de Economía, Comercio y Empresa) is a Spanish government ministry responsible for formulating and implementing national economic policy, trade policy, public debt and Treasury management, financial and insurance sector regulation, and international economic representation. It administers Spain's Recovery, Transformation and Resilience Plan funded by Next Generation EU, coordinates the EU Technical Support Instrument for structural reforms, and provides electronic administrative services to citizens and businesses through the Sede Electrónica.

Product overview

Ministerio de Economía, Comercio y Empresa (formerly Ministerio de Economía y Competitividad) is a Spanish government ministry providing public administrative services rather than commercial products. Its portfolio comprises government functions organized around economic policy (macroeconomic analysis, treasury, public debt, financial regulation), trade and internationalization support (ICEX programs, trade assistance), and digital transformation initiatives. Key services include the Plan de Recuperación, Transformación y Resiliencia managing EU Next Generation EU funds, BDSICE statistical database, Technical Support Instrument coordination, electronic administration services (Sede Electrónica), and strategic projects (PERTES for microelectronics and language economy). The ministry operates the Central Library specialized in economics and commerce, provides insurance and pension fund supervision through the Dirección General de Seguros, and maintains open government initiatives including the V Plan de Gobierno Abierto. Programs like Desafía San Francisco support female entrepreneurship in tech internationalization.

Differentiator

Problem solved

Functional benefit

Brands

• Secretaría General del Tesoro: General Treasury - responsible for public debt management, financial sector regulation, and international financial relations
• Dirección General de Análisis Económico
• Dirección General de Seguros y Fondos de Pensiones
• Plan de Recuperación, Transformación y Resiliencia

Products and services

• Plan de Recuperación, Transformación y Resiliencia Spain's Recovery, Transformation and Resilience Plan funded by Next Generation EU, providing subsidies, grants, public tenders, and strategic projects (PERTES) for economic recovery, distributed to businesses, public entities, and beneficiaries across Spain.
• ELISA - Plan en Cifras Interactive Power BI dashboard providing data visualization for tracking Plan de Recuperación execution indicators, including beneficiary data and project progress, available to the public and oversight bodies.
• BDSICE - Base de Datos de Series de Información Coyuntural y Económica Economic database containing over 10,000 time series of primarily Spanish economic data, available for web browsing or CSV download, serving analysts, researchers, journalists, and the public.
• Nota Semanal de Coyuntura Weekly economic update published each Friday analyzing the evolution of main statistics published during the week, serving economists, journalists, and policy analysts.
• Technical Support Instrument (TSI) - Spain EU technical assistance program coordinated by the ministry as National Coordinating Authority, supporting institutional, structural and administrative reforms in areas including digital transition, green transition, and public administration modernization.
• Sede Electrónica Electronic headquarters platform providing digital administrative procedures, electronic notifications, digital certificates, and electronic registration services for citizens and businesses interacting with the ministry.
• Biblioteca Central del Ministerio Public library specializing in economics, business, technology, and commerce, holding over 100,000 monographs, periodicals, and electronic documents, available to researchers, students, and the general public.
• Sistema Interno de Información Internal reporting system complying with Ley 2/2023 for protection of persons reporting regulatory violations and anti-corruption measures, accessible via dedicated application and telephone hotline.
• PERTE Chip Strategic Project for Recovery and Economic Transformation focused on microelectronics and semiconductors, part of the Plan de Recuperación, providing subsidies and grants to industry players.
• PERTE Nueva Economía de la Lengua Strategic Project for Recovery and Economic Transformation focused on language economy and digital language technologies, part of the Plan de Recuperación.
• Programa Desafía San Francisco ICEX program supporting Spanish tech startups led by women through internationalization and San Francisco market immersion.
• Certificado Digital Digital certificate services enabling secure electronic identification for citizens and businesses conducting administrative procedures through the Sede Electrónica.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Partnerships

22 partnerships are on record, tiered core.

• European Union (EU)coreStrategic or Co-development PartnerThe ministry coordinates Spain's participation in EU economic and financial governance including ECOFIN, Eurogrupo, European Stability Mechanism (MEDE), and European Investment Bank (BEI). Implements EU economic policy directives and coordinates Technical Support Instrument (TSI) reform assistance programs.
• International Monetary Fund (IMF)coreStrategic or Co-development PartnerSpain maintains permanent representation at the IMF. The ministry defines Spain's position and represents the country in IMF affairs, the G20 finance circuit, Financial Stability Board (FSB), and various OECD groups.
• World BankcoreStrategic or Co-development PartnerSpain participates in World Bank activities through policy definition at international financial institutions. Ministry facilitates Spanish companies' access to World Bank projects and competitions, and promotes Spanish professionals in these institutions.
• G20coreStrategic or Co-development PartnerMinistry defines and represents Spain's position in the G20 finance circuit and Financial Stability Board (FSB) activities.
• European Investment Bank (EIB)coreStrategic or Co-development PartnerSpain participates in EIB governance. The bank provides financing for projects including Ukraine reconstruction support.
• European Development Finance Institutions (EDFI) / European Bank for Reconstruction and Development (EBRD)coreStrategic or Co-development PartnerMinistry participates in multilateral development bank activities. EBRD provides guarantees for Ukraine reconstruction projects.
• OECDcoreStrategic or Co-development PartnerMinistry represents Spain in OECD groups and commissions technical assistance projects including Family Models in Spain analysis and Rural Depopulation Strategic Governance Plan for RESOE regions.
• European Stability Mechanism (MEDE)coreStrategic or Co-development PartnerSpain participates in the European Stability Mechanism as part of EU economic governance.
• Paris ClubcoreStrategic or Co-development PartnerMinistry manages Spain's external debt as creditor through multilateral (HIPC and MDRI initiatives) and bilateral channels via Debt Conversion Programs.
• European Commission DG REFORMcoreStrategic or Co-development PartnerMinistry serves as National Coordinating Authority for EU Technical Support Instrument (TSI) in Spain. Coordinates submission of reform assistance projects to DG REFORM. The TSI supports institutional, administrative and structural reforms for economic growth, employment creation, and sustainable investment.
• Ukraine Reconstruction Spanish Office (Oficina Española para la Reconstrucción de Ucrania)coreStrategic or Co-development PartnerCoordinates with European and multilateral organizations; serves as single window for Spanish companies interested in developing projects in Ukraine; facilitates access to official financing sources including FIEM, CESCE, EU Ukraine Facility, EIB, and EBRD guarantees.
• Secretaría de Estado de Comercio (State Secretariat for Trade)coreStrategic or Co-development PartnerThe State Secretariat for Trade is subordinate to the Ministry, managing trade policy, international trade services, digital commerce, commercial barriers, and the network of economic and commercial offices abroad.
• Banco de EspañacoreStrategic or Co-development PartnerMinistry maintains institutional relationship with Banco de España for financial regulation and economic policy coordination.
• CNMV (Comisión Nacional del Mercado de Valores)coreStrategic or Co-development PartnerMinistry maintains institutional relationship with CNMV for securities market regulation.
• FROB (Fondo de Reestructuración Ordenada Bancaria)coreStrategic or Co-development PartnerMinistry coordinates with FROB for banking sector restructuring.
• FGD (Fondo de Garantía de Depósitos)coreStrategic or Co-development PartnerMinistry coordinates with FGD for deposit guarantee scheme.
• Sareb (Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria)coreStrategic or Co-development PartnerMinistry maintains institutional relationship with Sareb for asset management from banking restructuring.
• CESCE (Seguro de Crédito a la Exportación)coreStrategic or Co-development PartnerCESCE provides export credit insurance mentioned as bilateral financing channel for Ukraine reconstruction alongside FIEM.
• ICO (Instituto de Crédito Oficial)coreStrategic or Co-development PartnerICO received EU technical support for developing a Sustainable Finance Action Plan. The ministry coordinates with ICO on financing programs including housing loan guarantee lines for young people.
• AIReF (Autoridad Independiente de Responsabilidad Fiscal)coreStrategic or Co-development PartnerAIReF is the national fiscal watchdog. Ministry coordinates on fiscal policy and received TSI support for improving transport infrastructure governance analysis.
• CNMC (Comisión Nacional de los Mercados y la Competencia)coreStrategic or Co-development PartnerCNMC is the competition authority. Ministry coordinates on competition policy and received TSI support for developing competition infringement detection techniques.
• ICEX España Exportación e InversionescoreStrategic or Co-development PartnerICEX manages internationalization programs including Desafía San Francisco for women-led startups, 'Internacionalizarse en femenino' gender perspective program, and awards for internationalization including recognition for female leadership.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ministero dell'Economia e delle Finanze (Italy): Italy's Ministry of Economy and Finance, with parallel responsibility for economic policy, public debt, treasury operations, financial regulation, and EU economic governance representation — a direct euro-area peer of comparable scope.
• Bundesministerium der Finanzen (Germany): Germany's Federal Ministry of Finance, responsible for fiscal policy, public debt, financial market regulation, and EU/international economic representation — the largest euro-area economy's central finance ministry and the closest institutional counterpart.
• Ministère de l'Économie et des Finances (France): France's ministry of economy and finance, with overlapping responsibility for macroeconomic policy, treasury operations, financial regulation, and EU/international economic representation — a direct national-government peer within the EU.

Broad incumbents

• U.S. Department of the Treasury: The U.S. federal department responsible for economic policy, public debt management, financial regulation, and international financial representation — the most direct international counterpart to the Spanish Ministry of Economy, Trade and Business across mandate and function.
• HM Treasury (UK): The United Kingdom's economic and finance ministry, responsible for economic policy, public spending, financial services regulation, and international economic representation — comparable in mandate and G20/IMF participation to the Spanish ministry.
• European Commission DG ECFIN: The European Commission's Directorate-General for Economic and Financial Affairs, which the ministry directly engages with on EU economic governance, ECOFIN coordination, and the European Semester — the key supranational counterpart.

Others

• OECD Economics Department: The OECD directorate that conducts economic surveys, policy reviews, and forecasting for member states including Spain, where the ministry defines Spain's position and commissions technical assistance — a comparable institutional actor in economic analysis and policy advisory.
• CNMV (Comisión Nacional del Mercado de Valores): Spain's National Securities Market Commission, with which the ministry coordinates on securities regulation and capital markets policy; functionally adjacent as the regulator of markets the ministry's policies shape.
• Banco de España: Spain's central bank, with which the ministry maintains an institutional relationship for financial regulation and economic policy coordination; independent but functionally adjacent to the ministry's Treasury and financial stability mandate.

Regional players

• Ministério das Finanças (Portugal): Portugal's Ministry of Finance — a same-iberian, EU-euro-area finance ministry with similar treasury, fiscal policy, and EU representation functions, allowing direct benchmarking of southern-European economic governance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/_minecogob
• YouTubeyoutube.com/user/minecogob?feature=mhee
• Facebookfacebook.com/minecogob
• LinkedInlinkedin.com/company/minecogob
• Instagraminstagram.com/minecogob_
• TikToktiktok.com/@minecogob?lang=es

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ministerio de Economia y Competitividad