Skip to content

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

StatSpainTaiwan
GDP$1.4T$585.8B
GDP growth, 1 year2.5%2.6%
GDP growth, 5-years average2.7%2.4%
Population46.5M23.6M
GDP per capita$30k$25k
GDP per capita growth2.07%N/A
Purchasing Power Parity conversion factor0.65N/A
Price level ratio of PPP conversion factor GDP to market exchange rate0.76N/A
GDP per capita, PPP adjusted$40k$53k
GNI, Atlas method$1.4TN/A
GNI per capita$29kN/A
GNI, PPP adjusted$1.9TN/A
GNI per capita, PPP adjusted$40kN/A

Financial system and Human development

StatSpainTaiwan
Income Tax Rate45%45%
Corporate Tax Rate25%20%
Inflation, consumer prices1.7%1.5%
Inflation, GDP deflator1.1%N/A
Unemployment15.5%3.7%
Economic Freedom Index66.977.1
Personal Freedom Index8.958.09
Human Freedom Index8.227.79
Property Rights Index74.986.9
Judical Effectiveness Index51.870.1
Business Freedom Index66.893.9
Fiscal Health Index62.691
Labor Freedom Index57.760.3
Investment Freedom Index8560
Financial Freedom Index7060
Trade Freedom Index86.486
Monetary Freedom Index8282.7
Government Spending Index48.390.5
Tax Burden Index62.175
Government Integrity Index55.168.9
Corruption Perceptions Index5863
Life expectancy at birth, years83.380.2
Suicide mortality rate, per 100,000 people8.712.5
Mortality caused by road traffic injury, per 100,000 people4.16.3
Intentional homicides, per 100,000 people0.70.8
International tourism, number of arrivals82.8MN/A

Government debt & reserves

StatSpainTaiwan
Central government debt, % of GDP97%35%
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 GNI9.1%N/A
Gross savings, % of GDP22.3%N/A
Gross capital formation, % of GDP20.4%N/A
Total reserves including gold$70.6BN/A
Foreign direct investment net inflows$49.1BN/A

Exports, imports and economic structure

StatSpainTaiwan
Exports of goods and services, % of GDP35.1%N/A
Imports of goods and services, % of GDP32.4%N/A
Current account balance (balance of payments)$27.3BN/A
Revenue excluding grants, % of GDP15.7%N/A
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$3.4BN/A
Industry including construction value added, % of GDP20%N/A
Agriculture, forestry and fishing value added, % of GDP2.8%N/A
Charges for the use of intellectual property, payments BoP$6.6BN/A
Charges for the use of intellectual property, receipts BoP$2.5BN/A
Expense, % of GDP18.8%N/A
Government Expenditure, % of GDP41.5%17.8%

Compare with countries close by GDP per capita

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
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
Barbados
$18k
285k

Taiwan vs

CountryGDP
per capita
Population
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
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
Barbados
$18k
285k
Latvia
$18k
1.95M
Uruguay
$17k
3.41M
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k