Japan 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: Japan ranks higher
Japan scores 82/100 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
80
Economic strength
Japan leads
74
88
Political stability
Japan leads
78
85
Business climate
Japan leads
74
72
Financial maturity
72
55
Growth outlook
Spain leads
72
Macro snapshot
4,230
GDP (USD bn)
+2648.4 bn
1,582
1.0%
GDP growth (%)
-1.5 pp
2.5%
$34,000
GDP per capita (USD)
+720.0
$33,280
2.7%
Inflation (%)
-0.1 pp
2.8%
0.8%
FDI (% of GDP)
-2.0 pp
2.8%
255%
Public debt (% of GDP)
+147.5 pp
108%
124
Population (M)
+75.9M
48.1
Japan — strong sectors
- Technology8.0% of GDP88
- Automotive5.0% of GDP85
- Manufacturing20.0% of GDP82
- Financial Services6.0% 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: Japan or Spain?
Our composite investment index gives Japan a score of 82/100 and Spain a score of 76/100. Japan ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Japan a safer market than Spain?
Risk classification puts Japan 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: Japan or Spain?
Japan is currently growing at 1.0% per year, vs 2.5% for Spain. Spain has the faster headline growth rate today.