Dominica vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Spain and Dominica ranked 104th vs 177th and 34th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaSpain
GDP$550.9M$1.4T
GDP growth, 1 year-12%2.5%
GDP growth, 5-years average-2.8%2.7%
Population74k46.7M
GDP per capita$7.7k$30k
GDP per capita growth2.03%2.07%
Purchasing Power Parity conversion factor1.870.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.76
GDP per capita, PPP adjusted$9.9k$40k
GNI, Atlas method$508.1M$1.4T
GNI per capita$7.1k$29k
GNI, PPP adjusted$735.4M$1.9T
GNI per capita, PPP adjusted$10k$40k

Financial system and Human development

StatDominicaSpain
Income Tax Rate35%45%
Corporate Tax Rate30%25%
Inflation, consumer prices1.4%1.7%
Inflation, GDP deflator3.6%1.1%
Unemployment0%15.5%
Economic Freedom Index60.866.9
Personal Freedom Index6.18.95
Human Freedom Index6.18.22
Property Rights Index59.874.9
Judical Effectiveness Index62.651.8
Business Freedom Index70.466.8
Fiscal Health Index86.262.6
Labor Freedom Index60.757.7
Investment Freedom Index7085
Financial Freedom Index3070
Trade Freedom Index68.486.4
Monetary Freedom Index83.582
Government Spending Index1648.3
Tax Burden Index70.562.1
Government Integrity Index51.255.1
Corruption Perceptions Index5758
Life expectancy at birth, years76.683.3
Suicide mortality rate, per 100,000 people28.7
Mortality caused by road traffic injury, per 100,000 people10.94.1
Intentional homicides, per 100,000 people25.70.7
International tourism, number of arrivals63k82.8M

Government debt & reserves

StatDominicaSpain
Central government debt, % of GDP83.1%97%
External debt stocks, % of GNI55.3%N/A
External debt stocks$279.2MN/A
Short-term debt, % of total reserves6.9%N/A
Total debt service, % of exports and primary income16.5%N/A
Adjusted net savings including particulate emission damage, % of GNIN/A9.1%
Gross savings, % of GDPN/A22.3%
Gross capital formation, % of GDPN/A20.4%
Total reserves including gold$191.3M$70.6B
Foreign direct investment net inflows$13.3M$49.1B

Exports, imports and economic structure

StatDominicaSpain
Exports of goods and services, % of GDP42.9%35.1%
Imports of goods and services, % of GDP65.1%32.4%
Current account balance (balance of payments)-$225.1M$27.3B
Revenue excluding grants, % of GDPN/A15.7%
Grants excluding technical cooperation, BoP$28.3MN/A
Personal remittances received$49.2M$3.4B
Industry including construction value added, % of GDP15.8%20%
Agriculture, forestry and fishing value added, % of GDP11.1%2.8%
Charges for the use of intellectual property, payments BoP$662k$6.6B
Charges for the use of intellectual property, receipts BoP$119$2.5B
Expense, % of GDPN/A18.8%
Government Expenditure, % of GDP52.9%41.5%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
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
Brazil
$8.9k
210M
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
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
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M

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