France vs Spain
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: France ranks higher
France scores 80/100 on our composite investment index, ahead of Spain at 76/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
78
Economic strength
France leads
74
82
Political stability
France leads
78
78
Business climate
France leads
74
80
Financial maturity
France leads
72
76
Growth outlook
France leads
72
Macro snapshot
3,052
GDP (USD bn)
+1470.4 bn
1,582
1.1%
GDP growth (%)
-1.4 pp
2.5%
$44,940
GDP per capita (USD)
+11660.0
$33,280
2.5%
Inflation (%)
-0.3 pp
2.8%
2.2%
FDI (% of GDP)
-0.6 pp
2.8%
113%
Public debt (% of GDP)
+5.0 pp
108%
68.2
Population (M)
+20.1M
48.1
France — strong sectors
- Luxury & Fashion4.2% of GDP88
- Aerospace & Defense3.5% of GDP85
- Tourism7.8% of GDP82
- Agriculture & Food3.2% of GDP78
Spain — strong sectors
- Tourism12.0% of GDP82
- Renewable Energy5.0% of GDP80
- Automotive4.0% of GDP72
- Agriculture3.0% of GDP68
Frequently asked
Which is better for investment: France or Spain?
Our composite investment index gives France a score of 80/100 and Spain a score of 76/100. France ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is France a safer market than Spain?
Risk classification puts France as safe (Strong fundamentals, stable governance, favorable investment climate) and Spain as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: France or Spain?
France is currently growing at 1.1% per year, vs 2.5% for Spain. Spain has the faster headline growth rate today.