Spain vs Taiwan: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Taiwan ranked 21st with $585.8B. By GDP 5-years average growth and GDP per capita, Spain and Taiwan ranked 104th vs 115th and 34th vs 38th, respectively.

Gross Domestic Product & Income

Stat	Spain	Taiwan
GDP	$1.4T	$585.8B
GDP growth, 1 year	2.5%	2.6%
GDP growth, 5-years average	2.7%	2.4%
Population	46.7M	23.6M
GDP per capita	$30k	$25k
GDP per capita growth	2.07%	N/A
Purchasing Power Parity conversion factor	0.65	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.76	N/A
GDP per capita, PPP adjusted	$40k	$53k
GNI, Atlas method	$1.4T	N/A
GNI per capita	$29k	N/A
GNI, PPP adjusted	$1.9T	N/A
GNI per capita, PPP adjusted	$40k	N/A

Financial system and Human development

Stat	Spain	Taiwan
Income Tax Rate	45%	45%
Corporate Tax Rate	25%	20%
Inflation, consumer prices	1.7%	1.5%
Inflation, GDP deflator	1.1%	N/A
Unemployment	15.5%	3.7%
Economic Freedom Index	66.9	77.1
Personal Freedom Index	8.95	8.09
Human Freedom Index	8.22	7.79
Property Rights Index	74.9	86.9
Judical Effectiveness Index	51.8	70.1
Business Freedom Index	66.8	93.9
Fiscal Health Index	62.6	91
Labor Freedom Index	57.7	60.3
Investment Freedom Index	85	60
Financial Freedom Index	70	60
Trade Freedom Index	86.4	86
Monetary Freedom Index	82	82.7
Government Spending Index	48.3	90.5
Tax Burden Index	62.1	75
Government Integrity Index	55.1	68.9
Corruption Perceptions Index	58	63
Life expectancy at birth, years	83.3	80.2
Suicide mortality rate, per 100,000 people	8.7	12.5
Mortality caused by road traffic injury, per 100,000 people	4.1	6.3
Intentional homicides, per 100,000 people	0.7	0.8
International tourism, number of arrivals	82.8M	N/A

Government debt & reserves

Stat	Spain	Taiwan
Central government debt, % of GDP	97%	35%
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	9.1%	N/A
Gross savings, % of GDP	22.3%	N/A
Gross capital formation, % of GDP	20.4%	N/A
Total reserves including gold	$70.6B	N/A
Foreign direct investment net inflows	$49.1B	N/A

Exports, imports and economic structure

Stat	Spain	Taiwan
Exports of goods and services, % of GDP	35.1%	N/A
Imports of goods and services, % of GDP	32.4%	N/A
Current account balance (balance of payments)	$27.3B	N/A
Revenue excluding grants, % of GDP	15.7%	N/A
Grants excluding technical cooperation, BoP	N/A	N/A
Personal remittances received	$3.4B	N/A
Industry including construction value added, % of GDP	20%	N/A
Agriculture, forestry and fishing value added, % of GDP	2.8%	N/A
Charges for the use of intellectual property, payments BoP	$6.6B	N/A
Charges for the use of intellectual property, receipts BoP	$2.5B	N/A
Expense, % of GDP	18.8%	N/A
Government Expenditure, % of GDP	41.5%	17.8%