Spain vs Thailand
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 Thailand at 64/100. 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
74
Economic strength
Spain leads
65
78
Political stability
Spain leads
52
74
Business climate
Spain leads
68
72
Financial maturity
72
72
Growth outlook
Spain leads
62
Macro snapshot
1,582
GDP (USD bn)
+1066.6 bn
515
2.5%
GDP growth (%)
0.0 pp
2.5%
$33,280
GDP per capita (USD)
+25980.0
$7,300
2.8%
Inflation (%)
+1.6 pp
1.2%
2.8%
FDI (% of GDP)
0.0 pp
2.8%
108%
Public debt (% of GDP)
+45.5 pp
62%
48.1
Population (M)
-23.9M
72
Spain — strong sectors
- Tourism12.0% of GDP82
- Renewable Energy5.0% of GDP80
- Automotive4.0% of GDP72
- Agriculture3.0% of GDP68
Thailand — strong sectors
- Tourism12.0% of GDP85
- Automotive7.0% of GDP78
- Electronics15.0% of GDP75
- Agriculture8.0% of GDP68
Frequently asked
Which is better for investment: Spain or Thailand?
Our composite investment index gives Spain a score of 76/100 and Thailand a score of 64/100. Spain ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is Spain a safer market than Thailand?
Risk classification puts Spain as safe (Strong fundamentals, stable governance, favorable investment climate) and Thailand as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: Spain or Thailand?
Spain is currently growing at 2.5% per year, vs 2.5% for Thailand. Thailand has the faster headline growth rate today.