Poland vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Poland ranked 22nd with $585.7B. By GDP 5-years average growth and GDP per capita, Spain and Poland ranked 104th vs 53rd and 34th vs 62nd, respectively.

Gross Domestic Product & Income

Stat	Poland	Spain
GDP	$585.7B	$1.4T
GDP growth, 1 year	5.1%	2.5%
GDP growth, 5-years average	4%	2.7%
Population	38.4M	46.7M
GDP per capita	$15k	$30k
GDP per capita growth	5.14%	2.07%
Purchasing Power Parity conversion factor	1.78	0.65
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	0.76
GDP per capita, PPP adjusted	$32k	$40k
GNI, Atlas method	$535.5B	$1.4T
GNI per capita	$14k	$29k
GNI, PPP adjusted	$1.1T	$1.9T
GNI per capita, PPP adjusted	$30k	$40k

Financial system and Human development

Stat	Poland	Spain
Income Tax Rate	32%	45%
Corporate Tax Rate	19%	25%
Inflation, consumer prices	1.6%	1.7%
Inflation, GDP deflator	1.2%	1.1%
Unemployment	3.7%	15.5%
Economic Freedom Index	69.1	66.9
Personal Freedom Index	8.95	8.95
Human Freedom Index	8.02	8.22
Property Rights Index	63.1	74.9
Judical Effectiveness Index	42.8	51.8
Business Freedom Index	62.6	66.8
Fiscal Health Index	92.2	62.6
Labor Freedom Index	62	57.7
Investment Freedom Index	80	85
Financial Freedom Index	70	70
Trade Freedom Index	86.4	86.4
Monetary Freedom Index	82	82
Government Spending Index	48.8	48.3
Tax Burden Index	74.7	62.1
Government Integrity Index	64.6	55.1
Corruption Perceptions Index	60	58
Life expectancy at birth, years	77.9	83.3
Suicide mortality rate, per 100,000 people	16.2	8.7
Mortality caused by road traffic injury, per 100,000 people	9.7	4.1
Intentional homicides, per 100,000 people	0.8	0.7
International tourism, number of arrivals	19.6M	82.8M

Government debt & reserves

Stat	Poland	Spain
Central government debt, % of GDP	48.4%	97%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	10.6%	9.1%
Gross savings, % of GDP	19.6%	22.3%
Gross capital formation, % of GDP	20.7%	20.4%
Total reserves including gold	$117B	$70.6B
Foreign direct investment net inflows	$16.7B	$49.1B

Exports, imports and economic structure

Stat	Poland	Spain
Exports of goods and services, % of GDP	55.6%	35.1%
Imports of goods and services, % of GDP	52.2%	32.4%
Current account balance (balance of payments)	-$5.8B	$27.3B
Revenue excluding grants, % of GDP	33.6%	15.7%
Grants excluding technical cooperation, BoP	$1.4B	N/A
Personal remittances received	$7.1B	$3.4B
Industry including construction value added, % of GDP	28.6%	20%
Agriculture, forestry and fishing value added, % of GDP	2.1%	2.8%
Charges for the use of intellectual property, payments BoP	$3.6B	$6.6B
Charges for the use of intellectual property, receipts BoP	$614M	$2.5B
Expense, % of GDP	34.2%	18.8%
Government Expenditure, % of GDP	41.3%	41.5%