Brazil vs Spain: Economic Indicators Comparison

Brazil with a GDP of $1.9T ranked the 9th largest economy in the world, while Spain ranked 14th with $1.4T. By GDP 5-years average growth and GDP per capita, Brazil and Spain ranked 171st vs 104th and 80th vs 34th, respectively.

Gross Domestic Product & Income

StatBrazilSpain
GDP$1.9T$1.4T
GDP growth, 1 year1.1%2.5%
GDP growth, 5-years average-0.8%2.7%
Population210.1M46.7M
GDP per capita$8.9k$30k
GDP per capita growth0.33%2.07%
Purchasing Power Parity conversion factor2.020.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.550.76
GDP per capita, PPP adjusted$16k$40k
GNI, Atlas method$1.9T$1.4T
GNI per capita$9.1k$29k
GNI, PPP adjusted$3.3T$1.9T
GNI per capita, PPP adjusted$16k$40k

Financial system and Human development

StatBrazilSpain
Income Tax Rate27.5%45%
Corporate Tax Rate34%25%
Inflation, consumer prices3.7%1.7%
Inflation, GDP deflator3%1.1%
Unemployment12.5%15.5%
Economic Freedom Index53.766.9
Personal Freedom Index7.728.95
Human Freedom Index7.058.22
Property Rights Index57.374.9
Judical Effectiveness Index46.751.8
Business Freedom Index60.566.8
Fiscal Health Index4.662.6
Labor Freedom Index49.557.7
Investment Freedom Index6085
Financial Freedom Index5070
Trade Freedom Index67.886.4
Monetary Freedom Index77.282
Government Spending Index54.648.3
Tax Burden Index70.462.1
Government Integrity Index45.655.1
Corruption Perceptions Index3558
Life expectancy at birth, years75.583.3
Suicide mortality rate, per 100,000 people6.58.7
Mortality caused by road traffic injury, per 100,000 people19.74.1
Intentional homicides, per 100,000 people30.50.7
International tourism, number of arrivals6.6M82.8M

Government debt & reserves

StatBrazilSpain
Central government debt, % of GDP87.9%97%
External debt stocks, % of GNI30.3%N/A
External debt stocks$557.8BN/A
Short-term debt, % of total reserves17.8%N/A
Total debt service, % of exports and primary income31.7%N/A
Adjusted net savings including particulate emission damage, % of GNI6.1%9.1%
Gross savings, % of GDP14.4%22.3%
Gross capital formation, % of GDP15.4%20.4%
Total reserves including gold$374.7B$70.6B
Foreign direct investment net inflows$78.2B$49.1B

Exports, imports and economic structure

StatBrazilSpain
Exports of goods and services, % of GDP14.8%35.1%
Imports of goods and services, % of GDP14.3%32.4%
Current account balance (balance of payments)-$41.5B$27.3B
Revenue excluding grants, % of GDP27.2%15.7%
Grants excluding technical cooperation, BoP$241.7MN/A
Personal remittances received$2.9B$3.4B
Industry including construction value added, % of GDP18.4%20%
Agriculture, forestry and fishing value added, % of GDP4.4%2.8%
Charges for the use of intellectual property, payments BoP$5.1B$6.6B
Charges for the use of intellectual property, receipts BoP$825.5M$2.5B
Expense, % of GDP34.9%18.8%
Government Expenditure, % of GDP38.9%41.5%

Compare with countries close by GDP per capita

Brazil vs

CountryGDP
per capita
Population
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M

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