Greece 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: Spain ranks higher
Spain scores 76/100 on our composite investment index, ahead of Greece at 65/100. 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
62
Economic strength
Spain leads
74
65
Political stability
Spain leads
78
62
Business climate
Spain leads
74
64
Financial maturity
Spain leads
72
72
Growth outlook
72
Macro snapshot
238
GDP (USD bn)
-1343.4 bn
1,582
2.2%
GDP growth (%)
-0.3 pp
2.5%
$22,840
GDP per capita (USD)
-10440.0
$33,280
2.8%
Inflation (%)
0.0 pp
2.8%
3.5%
FDI (% of GDP)
+0.7 pp
2.8%
163%
Public debt (% of GDP)
+55.0 pp
108%
10.4
Population (M)
-37.7M
48.1
Greece: strong sectors
- Tourism20.8% of GDP78
- Shipping7.5% of GDP72
- Energy4.2% of GDP62
- Agriculture3.8% of GDP58
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: Greece or Spain?
Our composite investment index gives Greece a score of 65/100 and Spain a score of 76/100. Spain ranks higher overall, but the right answer depends on your sector and risk tolerance. See the category breakdown above.
Is Greece a safer market than Spain?
Risk classification puts Greece as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Spain as safe (Strong fundamentals, stable governance, favorable investment climate).
Which has higher GDP growth: Greece or Spain?
Greece is currently growing at 2.2% per year, vs 2.5% for Spain. Spain has the faster headline growth rate today.