"More and more companies value employees with a knowledge of Spanish, a language giving access to one of the fastest-growing markets in the world."
If you speak Spanish, you can communicate with almost 500 million people worldwide! Think how many more employment options that gives you! And if you want to take a trip to Spain or Latin America, a little knowledge of Spanish will go a long way.
Spanish Statistics
Spanish is the world's third most spoken language, after Mandarin Chinese and English, and ranks second in terms of native speakers.
At the end of the 19th century, 60 million people spoke Spanish. Today, almost 500 million people worldwide speak Spanish!
Spanish is the mother tongue of approximately 350 million people in 21 countries (Mexico: 98 million, Spain: 39 million, USA: 39 million, Argentina: 35 million, Colombia: 36 million, Venezuela: 22 million, Peru: 20 million…) It is also widely spoken in many more where it is not an official language.
Hispanic consumers are the fastest-growing market segment in North America. Their population in the USA has grown by 60% in just one decade and their buying power is expected to exceed $926 million by 2007.
Spanish is the second most used language in international communication, and an official language of the UN and its organisations.
Economic Indicators...
29 million US residents above the age of 5 speak Spanish at home. That's approximately 1 of every 10 US residents, an enormous consumer and business-to-business market.
"The world is rapidly becoming multilingual and Arabic and Spanish are both key languages of the future" said language researcher David Graddol, commenting on a recent report presented to the British Council.
No one aware of the changing tides of business could fail to notice that we increasingly operate in global markets. Foreign language fluency is a significant asset for job seekers, as more and more companies trade internationally.
The US Census Bureau reports that the nation's Hispanic population is expected to jump to 49.3 million from 38.2 million by 2015. The 39 million Hispanics currently living in the USA make up 12.5% of the total population. This population growth has increased demand for Spanish language media: radio, television, newspapers, magazines...
Latin American countries are experiencing strong economic growth and becoming important global commercial partners. Newly created MERCOSUR and the existing free trade agreements between Hispanic countries and North America (ALADI, the Andean Community, CACM, NAFTA, G3), are expected to bring further growth to Latin American economies.
Cultural Indicators...
Latin culture continues to have a global influence on architecture, art and literature. Who isn't familiar with Cervantes 'Don Quijote de la Mancha, the second most translated book after the Bible, which marked its 400th anniversary in 2005 with worldwide celebrations? Who hasn't heard that the most expensive painting ever sold is a Picasso?
Spanish architect Santiago Calatrava continues to make his mark worldwide, with recent and current projects in Sweden, Ireland, Germany, the Olympic campus in Athens and the site of the world trade centre in New York, among others.
Spanish language authors like Gabriel Garcia Marquez and Isabel Allende continue to lead global best seller lists and win international critical acclaim.
Not only is learning Spanish becoming increasingly important in terms of the global economy, it can also play a major role in your own personal development. The Spanish passion for living is contagious and once you start to learn about their language and culture, you won't ever want to stop.
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