Mexico 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 Mexico at 57/100. 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
58
Economic strength
Spain leads
74
42
Political stability
Spain leads
78
58
Business climate
Spain leads
74
60
Financial maturity
Spain leads
72
62
Growth outlook
Spain leads
72
Macro snapshot
1,320
GDP (USD bn)
-261.6 bn
1,582
3.2%
GDP growth (%)
+0.7 pp
2.5%
$10,000
GDP per capita (USD)
-23280.0
$33,280
4.6%
Inflation (%)
+1.8 pp
2.8%
2.5%
FDI (% of GDP)
-0.3 pp
2.8%
54%
Public debt (% of GDP)
-53.5 pp
108%
132
Population (M)
+83.9M
48.1
Mexico — strong sectors
- Manufacturing (Nearshoring)22.0% of GDP85
- Automotive5.0% of GDP80
- Tourism8.0% of GDP75
- Energy6.0% of GDP65
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: Mexico or Spain?
Our composite investment index gives Mexico a score of 57/100 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 Mexico a safer market than Spain?
Risk classification puts Mexico 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: Mexico or Spain?
Mexico is currently growing at 3.2% per year, vs 2.5% for Spain. Mexico has the faster headline growth rate today.