Spain vs Vanuatu: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Vanuatu ranked 186th with $914.3M. By GDP 5-years average growth and GDP per capita, Spain and Vanuatu ranked 104th vs 107th and 34th vs 133rd, respectively.

Gross Domestic Product & Income

StatSpainVanuatu
GDP$1.4T$914.3M
GDP growth, 1 year2.5%3.2%
GDP growth, 5-years average2.7%2.7%
Population46.7M276k
GDP per capita$30k$3.1k
GDP per capita growth2.07%0.67%
Purchasing Power Parity conversion factor0.65106.84
Price level ratio of PPP conversion factor GDP to market exchange rate0.760.97
GDP per capita, PPP adjusted$40k$2.9k
GNI, Atlas method$1.4T$915.5M
GNI per capita$29k$3.1k
GNI, PPP adjusted$1.9T$951.3M
GNI per capita, PPP adjusted$40k$3.3k

Financial system and Human development

StatSpainVanuatu
Income Tax Rate45%0%
Corporate Tax Rate25%0%
Inflation, consumer prices1.7%2.8%
Inflation, GDP deflator1.1%2.9%
Unemployment15.5%5.4%
Economic Freedom Index66.960.7
Personal Freedom Index8.956.7
Human Freedom Index8.226.7
Property Rights Index74.968.3
Judical Effectiveness Index51.836.1
Business Freedom Index66.851.8
Fiscal Health Index62.678.4
Labor Freedom Index57.754.6
Investment Freedom Index8565
Financial Freedom Index7040
Trade Freedom Index86.463.4
Monetary Freedom Index8274.6
Government Spending Index48.361.1
Tax Burden Index62.197.1
Government Integrity Index55.137.4
Corruption Perceptions Index5846
Life expectancy at birth, years83.370.2
Suicide mortality rate, per 100,000 people8.74.5
Mortality caused by road traffic injury, per 100,000 people4.115.9
Intentional homicides, per 100,000 people0.72.1
International tourism, number of arrivals82.8M116k

Government debt & reserves

StatSpainVanuatu
Central government debt, % of GDP97%50.5%
External debt stocks, % of GNIN/A45.9%
External debt stocksN/A$402.2M
Short-term debt, % of total reservesN/A10.7%
Total debt service, % of exports and primary incomeN/A2.1%
Adjusted net savings including particulate emission damage, % of GNI9.1%20.8%
Gross savings, % of GDP22.3%31.8%
Gross capital formation, % of GDP20.4%26.4%
Total reserves including gold$70.6B$420.6M
Foreign direct investment net inflows$49.1B$37.6M

Exports, imports and economic structure

StatSpainVanuatu
Exports of goods and services, % of GDP35.1%48.6%
Imports of goods and services, % of GDP32.4%49.4%
Current account balance (balance of payments)$27.3B$85.4M
Revenue excluding grants, % of GDP15.7%30.3%
Grants excluding technical cooperation, BoPN/A$57.9M
Personal remittances received$3.4B$35.2M
Industry including construction value added, % of GDP20%11.1%
Agriculture, forestry and fishing value added, % of GDP2.8%25.8%
Charges for the use of intellectual property, payments BoP$6.6B$543k
Charges for the use of intellectual property, receipts BoP$2.5B$718k
Expense, % of GDP18.8%25.6%
Government Expenditure, % of GDP41.5%36%

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

Vanuatu vs

CountryGDP
per capita
Population
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M