Compare the economies of the countries

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Economy power of India & Spain

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India vs Spain

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India Spain
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One of the fastest developing countries at this moment and the third biggest economy in the world if we include PPP factor into equations. The Republic of India is located in South Asia and it is the second most populous country in the entire world. In terms of land, they are the seventh-largest. Interestingly, this is the most populous democracy in the world. They also have an enormous amount of native languages (around 447). More about India Spain is a country located on the Iberian Peninsula. It is in Southwestern Europe with several minor areas scattered around the coast of North Africa and some islands in the Mediterranean Sea. As a result of several African exclaves, this is the only European nation that has a physical border with an African country, namely Morocco. However, the main border lines are with Portugal and France. More about Spain

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

India Spain
Position in the ranking of countries 5 (2023) 15 (2023)
GDP [US$] 3,567,551,674,623 1,620,090,734,956
Percentage of the other 220.2 % 45.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

India Spain
Position in the ranking of countries 5 (2023) 15 (2023)
GNI [US$] 3,515,454,309,538 1,606,770,094,001
Percentage of the other 218.8 % 45.7 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

India Spain
Position in the ranking of countries 147 (2023) 12 (2023)
External balance [US$] -79,393,265,768 63,617,520,964
Percentage of the other -124.8 % -80.1 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

India Spain
Position in the ranking of countries 147 (2023) 12 (2023)
Unemployment [%] 4.20 11.39
Percentage of the other 36.9 % 271.2 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

India Spain
Position in the ranking of countries 1 (2023) 30 (2023)
Population 1,438,069,596 48,347,910
Percentage of the other 2974.4 % 3.4 %

Population growth (annual %)

Density

Gender

Demography