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Template:One source The Individual Freedom Party (Spanish: Partido de la Libertad Individual, P-LIB) is a Spanish political party. It was founded in 2009, and celebrated its first congress on September 25, 2010 in Madrid, Spain.

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The second congress took place on June 23, 2012. The party statutes declare classic liberalism, the Austrian School of Economics and Ayn Rand's objectivism as its main influences. In the quest to renew and modernize classic liberalism, the party welcomes many libertarian and anarchocapitalist ideas. Two specific internal caucuses are officially recognized, the Objectivist one and the Radical Caucus one, which is libertarian/anarchocapitalist. Most party members are not included in any of these caucuses and just adhere to the party's main principles and platform.

The P-LIB first ran at the national elections in November 2012 in the electoral districts of Madrid and Zaragoza, and obtained about seven thousand votes to the Senate and over two thounsand to the Congress.

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