Spain vs the United States: Economic Indicators Comparison

The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Spain ranked 14th with $1.4T. By GDP 5-years average growth and GDP per capita, the United States and Spain ranked 113th vs 104th and 11th vs 34th, respectively.

Gross Domestic Product & Income

StatSpainUnited States
GDP$1.4T$20.5T
GDP growth, 1 year2.5%2.9%
GDP growth, 5-years average2.7%2.4%
Population46.7M325.1M
GDP per capita$30k$63k
GDP per capita growth2.07%2.29%
Purchasing Power Parity conversion factor0.651
Price level ratio of PPP conversion factor GDP to market exchange rate0.761
GDP per capita, PPP adjusted$40k$63k
GNI, Atlas method$1.4T$20.6T
GNI per capita$29k$63k
GNI, PPP adjusted$1.9T$20.8T
GNI per capita, PPP adjusted$40k$64k

Financial system and Human development

StatSpainUnited States
Income Tax Rate45%37%
Corporate Tax Rate25%21%
Inflation, consumer prices1.7%2.4%
Inflation, GDP deflator1.1%2.4%
Unemployment15.5%3.9%
Economic Freedom Index66.976.6
Personal Freedom Index8.958.55
Human Freedom Index8.228.39
Property Rights Index74.981.8
Judical Effectiveness Index51.883.7
Business Freedom Index66.883.3
Fiscal Health Index62.654.3
Labor Freedom Index57.787.9
Investment Freedom Index8585
Financial Freedom Index7080
Trade Freedom Index86.479.8
Monetary Freedom Index8275.5
Government Spending Index48.356.5
Tax Burden Index62.174.6
Government Integrity Index55.177.2
Corruption Perceptions Index5871
Life expectancy at birth, years83.378.5
Suicide mortality rate, per 100,000 people8.715.3
Mortality caused by road traffic injury, per 100,000 people4.112.4
Intentional homicides, per 100,000 people0.75.3
International tourism, number of arrivals82.8M79.7M

Government debt & reserves

StatSpainUnited States
Central government debt, % of GDP97%105.8%
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%6.1%
Gross savings, % of GDP22.3%18.6%
Gross capital formation, % of GDP20.4%21%
Total reserves including gold$70.6B$449.9B
Foreign direct investment net inflows$49.1B$258.4B

Exports, imports and economic structure

StatSpainUnited States
Exports of goods and services, % of GDP35.1%12.2%
Imports of goods and services, % of GDP32.4%15.3%
Current account balance (balance of payments)$27.3B-$491B
Revenue excluding grants, % of GDP15.7%17.2%
Grants excluding technical cooperation, BoPN/AN/A
Personal remittances received$3.4B$6.7B
Industry including construction value added, % of GDP20%18.2%
Agriculture, forestry and fishing value added, % of GDP2.8%0.9%
Charges for the use of intellectual property, payments BoP$6.6B$56.1B
Charges for the use of intellectual property, receipts BoP$2.5B$128.7B
Expense, % of GDP18.8%22.4%
Government Expenditure, % of GDP41.5%38.1%

Compare with countries close by GDP per capita

Spain vs

CountryGDP
per capita
Population
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M

United States vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k