India 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 India at 61/100. 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
65
Economic strength
Spain leads
74
48
Political stability
Spain leads
78
58
Business climate
Spain leads
74
55
Financial maturity
Spain leads
72
90
Growth outlook
India leads
72
Macro snapshot
3,730
GDP (USD bn)
+2148.4 bn
1,582
6.8%
GDP growth (%)
+4.3 pp
2.5%
$2,600
GDP per capita (USD)
-30680.0
$33,280
4.8%
Inflation (%)
+2.0 pp
2.8%
1.6%
FDI (% of GDP)
-1.2 pp
2.8%
82%
Public debt (% of GDP)
-25.5 pp
108%
1,440
Population (M)
+1391.9M
48.1
India — strong sectors
- Technology (IT Services)8.0% of GDP95
- Financial Services6.0% of GDP82
- Pharmaceuticals2.0% of GDP80
- Manufacturing13.0% of GDP70
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: India or Spain?
Our composite investment index gives India a score of 61/100 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 India a safer market than Spain?
Risk classification puts India 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: India or Spain?
India is currently growing at 6.8% per year, vs 2.5% for Spain. India has the faster headline growth rate today.