Algeria vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Algeria ranked 56th with $173.8B. By GDP 5-years average growth and GDP per capita, Spain and Algeria ranked 104th vs 100th and 34th vs 119th, respectively.

Gross Domestic Product & Income

StatAlgeriaSpain
GDP$173.8B$1.4T
GDP growth, 1 year2.1%2.5%
GDP growth, 5-years average2.8%2.7%
Population41.3M46.7M
GDP per capita$4.1k$30k
GDP per capita growth-0.62%2.07%
Purchasing Power Parity conversion factor30.990.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.76
GDP per capita, PPP adjusted$15k$40k
GNI, Atlas method$162.3B$1.4T
GNI per capita$3.9k$29k
GNI, PPP adjusted$619.7B$1.9T
GNI per capita, PPP adjusted$15k$40k

Financial system and Human development

StatAlgeriaSpain
Income Tax Rate35%45%
Corporate Tax Rate23%25%
Inflation, consumer prices4.3%1.7%
Inflation, GDP deflator7.6%1.1%
Unemployment12.2%15.5%
Economic Freedom Index46.966.9
Personal Freedom Index5.358.95
Human Freedom Index5.298.22
Property Rights Index37.974.9
Judical Effectiveness Index3551.8
Business Freedom Index6366.8
Fiscal Health Index17.362.6
Labor Freedom Index50.557.7
Investment Freedom Index3085
Financial Freedom Index3070
Trade Freedom Index66.286.4
Monetary Freedom Index76.282
Government Spending Index52.648.3
Tax Burden Index75.462.1
Government Integrity Index28.355.1
Corruption Perceptions Index3558
Life expectancy at birth, years76.583.3
Suicide mortality rate, per 100,000 people3.28.7
Mortality caused by road traffic injury, per 100,000 people23.84.1
Intentional homicides, per 100,000 people1.40.7
International tourism, number of arrivals2.7M82.8M

Government debt & reserves

StatAlgeriaSpain
Central government debt, % of GDP36.9%97%
External debt stocks, % of GNI3.2%N/A
External debt stocks$5.7BN/A
Short-term debt, % of total reserves2.7%N/A
Total debt service, % of exports and primary income0.5%N/A
Adjusted net savings including particulate emission damage, % of GNI21.2%9.1%
Gross savings, % of GDP37.8%22.3%
Gross capital formation, % of GDP47.1%20.4%
Total reserves including gold$87.4B$70.6B
Foreign direct investment net inflows$1.5B$49.1B

Exports, imports and economic structure

StatAlgeriaSpain
Exports of goods and services, % of GDP25.6%35.1%
Imports of goods and services, % of GDP32.3%32.4%
Current account balance (balance of payments)-$22.1B$27.3B
Revenue excluding grants, % of GDPN/A15.7%
Grants excluding technical cooperation, BoP$79.5MN/A
Personal remittances received$1.8B$3.4B
Industry including construction value added, % of GDP39.6%20%
Agriculture, forestry and fishing value added, % of GDP12%2.8%
Charges for the use of intellectual property, payments BoP$147.1M$6.6B
Charges for the use of intellectual property, receipts BoP$138k$2.5B
Expense, % of GDPN/A18.8%
Government Expenditure, % of GDP39.8%41.5%

Compare with countries close by GDP per capita

Algeria vs

CountryGDP
per capita
Population
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M

Spain vs

CountryGDP
per capita
Population
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M