Catalonia is a very prosperous region of Spain, and makes up nearly 22% of its GDP and 17% of its populace. In 2016 it generated nearly 226 billion, in comparison with Portugal which produced 180 billion (these numbers may not be exact - but are close to the figures and estimates.) While no exact economical analysis has been conducted on viability as an independent region, it would be foolish to dismiss the overall power of the Catalan population and region. Barcelona is and has always been one of the most important ports in the Mediterranean, and the overall 14th most important in Europe. It accounts for 25% of all exports from Spain, while Madrid accounts for 11%. Catalonia also represents around 2% of Europe's overall GDP, so it is an economic and regional powerhouse.