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Slovakia vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Slovakia ranked 62nd with $105.9B. By GDP 5-years average growth and GDP per capita, Spain and Slovakia ranked 104th vs 65th and 34th vs 47th, respectively.

Gross Domestic Product & Income

StatSlovakiaSpain
GDP$105.9B$1.4T
GDP growth, 1 year4.1%2.5%
GDP growth, 5-years average3.5%2.7%
Population5.4M46.5M
GDP per capita$19k$30k
GDP per capita growth3.89%2.07%
Purchasing Power Parity conversion factor0.490.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.580.76
GDP per capita, PPP adjusted$35k$40k
GNI, Atlas method$99.5B$1.4T
GNI per capita$18k$29k
GNI, PPP adjusted$180.1B$1.9T
GNI per capita, PPP adjusted$33k$40k

Financial system and Human development

StatSlovakiaSpain
Income Tax Rate25%45%
Corporate Tax Rate21%25%
Inflation, consumer prices2.5%1.7%
Inflation, GDP deflator2%1.1%
Unemployment6.8%15.5%
Economic Freedom Index66.866.9
Personal Freedom Index8.878.95
Human Freedom Index8.298.22
Property Rights Index73.174.9
Judical Effectiveness Index41.751.8
Business Freedom Index55.366.8
Fiscal Health Index92.662.6
Labor Freedom Index52.657.7
Investment Freedom Index7585
Financial Freedom Index7070
Trade Freedom Index86.486.4
Monetary Freedom Index75.982
Government Spending Index50.248.3
Tax Burden Index78.562.1
Government Integrity Index49.755.1
Corruption Perceptions Index5058
Life expectancy at birth, years77.283.3
Suicide mortality rate, per 100,000 people12.88.7
Mortality caused by road traffic injury, per 100,000 people6.14.1
Intentional homicides, per 100,000 people1.50.7
International tourism, number of arrivals2.3M82.8M

Government debt & reserves

StatSlovakiaSpain
Central government debt, % of GDP48.8%97%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI5.6%9.1%
Gross savings, % of GDP22.1%22.3%
Gross capital formation, % of GDP23.4%20.4%
Total reserves including gold$5.2B$70.6B
Foreign direct investment net inflows$2.6B$49.1B

Exports, imports and economic structure

StatSlovakiaSpain
Exports of goods and services, % of GDP96.1%35.1%
Imports of goods and services, % of GDP94.1%32.4%
Current account balance (balance of payments)-$2.8B$27.3B
Revenue excluding grants, % of GDP37.7%15.7%
Grants excluding technical cooperation, BoP$183.9MN/A
Personal remittances received$2.1B$3.4B
Industry including construction value added, % of GDP30.1%20%
Agriculture, forestry and fishing value added, % of GDP2.4%2.8%
Charges for the use of intellectual property, payments BoP$749.1M$6.6B
Charges for the use of intellectual property, receipts BoP$55.5M$2.5B
Expense, % of GDP39%18.8%
Government Expenditure, % of GDP40.8%41.5%

Compare with countries close by GDP per capita

Slovakia vs

CountryGDP
per capita
Population
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
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
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

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
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M
Barbados
$18k
285k