Hong Kong 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 Hong Kong at 72/100. 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
75
Economic strength
Hong Kong leads
74
55
Political stability
Spain leads
78
78
Business climate
Hong Kong leads
74
82
Financial maturity
Hong Kong leads
72
52
Growth outlook
Spain leads
72
Macro snapshot
388
GDP (USD bn)
-1193.6 bn
1,582
2.8%
GDP growth (%)
+0.3 pp
2.5%
$51,400
GDP per capita (USD)
+18120.0
$33,280
2.2%
Inflation (%)
-0.6 pp
2.8%
28.0%
FDI (% of GDP)
+25.2 pp
2.8%
44%
Public debt (% of GDP)
-63.5 pp
108%
7.5
Population (M)
-40.6M
48.1
Hong Kong — strong sectors
- Financial Services22.0% of GDP85
- Trade & Logistics18.0% of GDP78
- Technology8.0% of GDP72
- Real Estate12.0% of GDP62
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: Hong Kong or Spain?
Our composite investment index gives Hong Kong a score of 72/100 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 Hong Kong a safer market than Spain?
Risk classification puts Hong Kong 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: Hong Kong or Spain?
Hong Kong is currently growing at 2.8% per year, vs 2.5% for Spain. Hong Kong has the faster headline growth rate today.