The economic influence of Amazon in Spain

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Amazon has made significant investments in Spain over the past 13 years, totaling more than €17.5 billion since 2010. These investments include infrastructure, operational expenses, and job creation, with more than 25,000 employees by the end of 2023. The company has also committed to creating more than 17,500 full-time jobs through the expansion of Amazon Web Services in Spain.

In addition to supporting job creation, Amazon has a strong commitment to Spanish SMEs, with over 15,000 small and medium-sized enterprises selling through the platform and generating over €950 million in exports in 2022. The company provides support for digitalization and training for SMEs, including a free training program that has already trained more than 45,000 Spanish businesses.

Amazon also supports the Spanish cultural industry through platforms like Prime Video, Amazon Music, Audible, Kindle, and Twitch. The company has launched original content like Triumph operation and works closely with storytellers, writers, musicians, and artists to bring their creations to global audiences.

In terms of tax contributions, Amazon’s total gross revenue from activities in Spain exceeded €7.1 billion in 2023. The company’s investments in Spain totaled more than €3.4 billion in 2023, with a total tax contribution of €1.1 billion. This includes corporate income taxes, payroll taxes, social security taxes, and other taxes paid and collected by Amazon in Spain.

Despite operating in a competitive retail market with intense capital investment and increasing costs, Amazon continues to invest in its operations and employees to support public services and infrastructure in Spain. The company collects over €790 million in additional taxes from customers, employees, and third parties through its business activities in the country.

Overall, Amazon’s continued commitment to Spain is reflected in its investments, job creation, support for SMEs, contributions to the cultural industry, and tax contributions to the Spanish economy. The company aims to continue investing, innovating, creating jobs, and supporting communities across the country.

Article Source
https://www.aboutamazon.eu/news/job-creation-and-investment/amazons-economic-impact-in-spain