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Belarus vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Belarus ranked 78th with $59.7B. By GDP 5-years average growth and GDP per capita, Spain and Belarus ranked 104th vs 167th and 34th vs 97th, respectively.

Gross Domestic Product & Income

StatBelarusSpain
GDP$59.7B$1.4T
GDP growth, 1 year3%2.5%
GDP growth, 5-years average0.2%2.7%
Population9.5M46.5M
GDP per capita$6.3k$30k
GDP per capita growth3.19%2.07%
Purchasing Power Parity conversion factor0.640.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.310.76
GDP per capita, PPP adjusted$20k$40k
GNI, Atlas method$53.8B$1.4T
GNI per capita$5.7k$29k
GNI, PPP adjusted$182.5B$1.9T
GNI per capita, PPP adjusted$19k$40k

Financial system and Human development

StatBelarusSpain
Income Tax Rate13%45%
Corporate Tax Rate18%25%
Inflation, consumer prices4.9%1.7%
Inflation, GDP deflator11.6%1.1%
Unemployment5.7%15.5%
Economic Freedom Index61.766.9
Personal Freedom Index6.248.95
Human Freedom Index6.168.22
Property Rights Index63.274.9
Judical Effectiveness Index48.451.8
Business Freedom Index76.466.8
Fiscal Health Index95.462.6
Labor Freedom Index74.857.7
Investment Freedom Index3085
Financial Freedom Index2070
Trade Freedom Index8286.4
Monetary Freedom Index69.882
Government Spending Index54.148.3
Tax Burden Index88.862.1
Government Integrity Index37.455.1
Corruption Perceptions Index4458
Life expectancy at birth, years74.183.3
Suicide mortality rate, per 100,000 people26.28.7
Mortality caused by road traffic injury, per 100,000 people8.94.1
Intentional homicides, per 100,000 people3.60.7
International tourism, number of arrivals11.5M82.8M

Government debt & reserves

StatBelarusSpain
Central government debt, % of GDP47.8%97%
External debt stocks, % of GNI67.7%N/A
External debt stocks$38.8BN/A
Short-term debt, % of total reserves134.2%N/A
Total debt service, % of exports and primary income13.5%N/A
Adjusted net savings including particulate emission damage, % of GNI21.2%9.1%
Gross savings, % of GDP28.8%22.3%
Gross capital formation, % of GDP27.5%20.4%
Total reserves including gold$7.2B$70.6B
Foreign direct investment net inflows$1.4B$49.1B

Exports, imports and economic structure

StatBelarusSpain
Exports of goods and services, % of GDP70.2%35.1%
Imports of goods and services, % of GDP69.1%32.4%
Current account balance (balance of payments)-$34.4M$27.3B
Revenue excluding grants, % of GDP29.5%15.7%
Grants excluding technical cooperation, BoP$56.2MN/A
Personal remittances received$1.4B$3.4B
Industry including construction value added, % of GDP31.5%20%
Agriculture, forestry and fishing value added, % of GDP6.4%2.8%
Charges for the use of intellectual property, payments BoP$178.6M$6.6B
Charges for the use of intellectual property, receipts BoP$66.1M$2.5B
Expense, % of GDP29.3%18.8%
Government Expenditure, % of GDP39.1%41.5%

Compare with countries close by GDP per capita

Belarus vs

CountryGDP
per capita
Population
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M

Spain vs

CountryGDP
per capita
Population
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M