Spain is located in southwestern Europe on the Iberian Peninsula. It has a population of over 45 million and has a Mediterranean climate. Spain has a long history and was once a global empire, though it faced economic and political problems in the late 1600s. Today, Spain has a high-income economy and is known for its culture, including flamenco, Spanish literature like Don Quixote, and sports like bullfighting. Spain is a parliamentary constitutional monarchy and member of the European Union.