Bhutan vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Spain and Bhutan ranked 104th vs 23rd and 34th vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanSpain
GDP$2.4B$1.4T
GDP growth, 1 year5.8%2.5%
GDP growth, 5-years average6.1%2.7%
Population808k46.7M
GDP per capita$3.2k$30k
GDP per capita growth1.82%2.07%
Purchasing Power Parity conversion factor21.810.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.76
GDP per capita, PPP adjusted$9.5k$40k
GNI, Atlas method$2.2B$1.4T
GNI per capita$3k$29k
GNI, PPP adjusted$7B$1.9T
GNI per capita, PPP adjusted$9.3k$40k

Financial system and Human development

StatBhutanSpain
Income Tax Rate25%45%
Corporate Tax Rate30%25%
Inflation, consumer prices3.6%1.7%
Inflation, GDP deflator1.8%1.1%
Unemployment2.2%15.5%
Economic Freedom Index62.166.9
Personal Freedom Index6.98.95
Human Freedom Index6.858.22
Property Rights Index69.974.9
Judical Effectiveness Index46.451.8
Business Freedom Index68.266.8
Fiscal Health Index74.862.6
Labor Freedom Index79.457.7
Investment Freedom Index2085
Financial Freedom Index3070
Trade Freedom Index79.486.4
Monetary Freedom Index71.682
Government Spending Index71.148.3
Tax Burden Index82.962.1
Government Integrity Index51.255.1
Corruption Perceptions Index6858
Life expectancy at birth, years71.183.3
Suicide mortality rate, per 100,000 people11.48.7
Mortality caused by road traffic injury, per 100,000 people17.44.1
Intentional homicides, per 100,000 people1.60.7
International tourism, number of arrivals274k82.8M

Government debt & reserves

StatBhutanSpain
Central government debt, % of GDP102.6%97%
External debt stocks, % of GNI109.2%N/A
External debt stocks$2.5BN/A
Short-term debt, % of total reserves0.4%N/A
Total debt service, % of exports and primary income10.7%N/A
Adjusted net savings including particulate emission damage, % of GNI23.3%9.1%
Gross savings, % of GDP21.6%22.3%
Gross capital formation, % of GDP47.5%20.4%
Total reserves including gold$987.2M$70.6B
Foreign direct investment net inflows$2.6M$49.1B

Exports, imports and economic structure

StatBhutanSpain
Exports of goods and services, % of GDP30.8%35.1%
Imports of goods and services, % of GDP55.9%32.4%
Current account balance (balance of payments)-$497.6M$27.3B
Revenue excluding grants, % of GDP18.5%15.7%
Grants excluding technical cooperation, BoP$49.2MN/A
Personal remittances received$58.1M$3.4B
Industry including construction value added, % of GDP38.3%20%
Agriculture, forestry and fishing value added, % of GDP15.9%2.8%
Charges for the use of intellectual property, payments BoP$304k$6.6B
Charges for the use of intellectual property, receipts BoP$11k$2.5B
Expense, % of GDP18.5%18.8%
Government Expenditure, % of GDP31.1%41.5%

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
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
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M

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