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Maldives vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Maldives ranked 155th with $5.3B. By GDP 5-years average growth and GDP per capita, Spain and Maldives ranked 104th vs 22nd and 34th vs 72nd, respectively.

Gross Domestic Product & Income

StatMaldivesSpain
GDP$5.3B$1.4T
GDP growth, 1 year7%2.5%
GDP growth, 5-years average6.3%2.7%
Population345k46.5M
GDP per capita$10k$30k
GDP per capita growth2.89%2.07%
Purchasing Power Parity conversion factor10.390.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.670.76
GDP per capita, PPP adjusted$22k$40k
GNI, Atlas method$4.8B$1.4T
GNI per capita$9.3k$29k
GNI, PPP adjusted$7.3B$1.9T
GNI per capita, PPP adjusted$14k$40k

Financial system and Human development

StatMaldivesSpain
Income Tax Rate0%45%
Corporate Tax Rate0%25%
Inflation, consumer prices1.5%1.7%
Inflation, GDP deflator5.3%1.1%
Unemployment6.1%15.5%
Economic Freedom Index56.566.9
Personal Freedom Index7.28.95
Human Freedom Index7.18.22
Property Rights Index48.574.9
Judical Effectiveness Index31.751.8
Business Freedom Index78.766.8
Fiscal Health Index42.962.6
Labor Freedom Index70.657.7
Investment Freedom Index3585
Financial Freedom Index3070
Trade Freedom Index6186.4
Monetary Freedom Index7782
Government Spending Index67.948.3
Tax Burden Index95.862.1
Government Integrity Index39.255.1
Corruption Perceptions Index3158
Life expectancy at birth, years78.383.3
Suicide mortality rate, per 100,000 people2.38.7
Mortality caused by road traffic injury, per 100,000 people0.94.1
Intentional homicides, per 100,000 people0.80.7
International tourism, number of arrivals1.5M82.8M

Government debt & reserves

StatMaldivesSpain
Central government debt, % of GDP61.5%97%
External debt stocks, % of GNI48%N/A
External debt stocks$2.3BN/A
Short-term debt, % of total reserves36.4%N/A
Total debt service, % of exports and primary income9.2%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$722.1M$70.6B
Foreign direct investment net inflows$538.5M$49.1B

Exports, imports and economic structure

StatMaldivesSpain
Exports of goods and services, % of GDP69.1%35.1%
Imports of goods and services, % of GDP77.2%32.4%
Current account balance (balance of payments)-$1.4B$27.3B
Revenue excluding grants, % of GDP25.7%15.7%
Grants excluding technical cooperation, BoP$72.6MN/A
Personal remittances received$4.2M$3.4B
Industry including construction value added, % of GDP12.9%20%
Agriculture, forestry and fishing value added, % of GDP5.6%2.8%
Charges for the use of intellectual property, payments BoP$3.5M$6.6B
Charges for the use of intellectual property, receipts BoP$5.6M$2.5B
Expense, % of GDP25.1%18.8%
Government Expenditure, % of GDP32.7%41.5%

Compare with countries close by GDP per capita

Maldives vs

CountryGDP
per capita
Population
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
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

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