Belgium Belgium

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Belgium, is a country located at Western Europe, it has an area of 30,530 Km2 and it may be considered quite a small country.

Belgium, with a population of 11,631,136 people, it is ranked at 81º position by population of 196 countries and it has a high population density, with 381 people per km2.

It's capital is Brussels and its currency is Euros

Belgium is holding the 25 position by nominal GDP. Its national debt in 2021 was 548,488 millions of euros (649,405 millions of dollars), ( 109.2% debt-to-GDP ratio) and its public debt per capita is €47,157 euros per inhabitant$55,833 dollars per inhabitant.

The last annual rate of CPI published in Belgium was on November of 2022 and it was 10.6%.

In terms of the human development index (HDI) of Belgium, which is the index used by the United Nations to measure the progress of a country, was 0.931 points in 2019, leaving it in 14th place in the table of 189 countries published.

If the reason to visit Belgium are business, you must know it's in the 46th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Belgium, if you want to see information about other countries click here

Brussels: Monthly Temp.
Brussels: Monthly Rainfall
Belgium Economy
Gouvernement
Qu. GDP Per Capita [+]2022Q211,783K
Annual GDP [+]2021€502,312M
Annual GDP [+]2021$599,107M
GDP per capita [+]2021€43,340
GDP per capita [+]2021$51,849
Quarterly GDP [+]2022Q3€139,160M
Debt (M.€.) [+]2021548,488
Debt ($M) [+]2021649,405
Debt (%GDP) [+]2021109.20%
Debt Per Capita [+]2021€47,157
Debt Per Capita [+]2021$55,833
Deficit (M.€) [+]2021-27,932
Deficit ($M) [+]2021-33,097
Deficit (%GDP) [+]2021-5.60%
Expenditure (M.€) [+]2021278,744.4
Expenditure ($M) [+]2021328,984.8
Education Expenditure (M.€) [+]201829,335.8
Education Expenditure ($M) [+]201834,663.0
Education Expenditure (%Bud.) [+]201812.22%
Gov. Health Exp. (M.€) [+]202038,782.1
Gov. Health Exp.($M) [+]202044,296.9
Gov. Health Exp. (%Bud.) [+]201715.31%
Defence Expenditure (M.€) [+]20204,808.0
Defence Expenditure ($M) [+]20205,554.8
Defence Expenditure (%Bud.) [+]20201.78%
Expenditure (%GDP) [+]202155.50%
Expenditure Per Capita [+]2021€23,965
Expenditure Per Capita [+]2021$28,285
Education Expenditure P.C [+]2018€2,567
Education Expenditure P.C [+]2018$3,041
Gov. Health Exp. P.C. [+]2020€3,361
Gov. Health Exp. P.C. [+]2020$3,839
Defence Expenditure P.C. [+]2020€417
Defence Expenditure P.C. [+]2020$483
Moody's Rating [+]11/26/2021Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202173
Competitiveness Ranking [+]201922º
Fragile States Index [+]201829.7
RTI Raking [+]09/28/2018111º
Innovation Ranking [+]201825º
Labour
Unemployment Rate [+]September 20225.7%
Unemployment rate [+]2022Q25.6%
Unemployed [+]2022Q2294K
NMW [+]2022$1,973.6
NMW [+]2022€1,842.3
Average Wage [+]2021$61,794
Average Wage [+]2021€52,248
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]11/30/20220.9638
10-Year Bond Yield [+]12/01/20222.40%
Risk Premium [+]12/01/202254
Stock ExchangeYTD % [+]11/30/2022-14.50%
Prices
CPI (overall index) [+]November 202210.6%
HICP [+]November 202210.5%
PPI Year on Year [+]October 202238.1%
Money Market
Key rates [+]11/02/20222.00%
Business
Doing Business [+]202046º
IPI Year on Year [+]September 20220.8%
Passengers vehicles Year [+]October 2022356,482
Annual Vehicles/ 1,000 p. [+]October 202236.30
Motor vehicle production [+]2020267,460
Vehicles / 1,000 people [+]2020590.24
Taxes
Tax Revenue (%GDP) [+]202145.3%
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202160.2%
Trade
Annual arrivals [+]20199,343,324
Exports [+]2021€461,622.3M
Exports [+]2021$543,313.2M
Exports % GDP [+]202191.90%
Imports [+]2021€432,069.2M
Imports [+]2021$509,197.1M
Imports % GDP [+]202186.02%
Trade balance [+]2021€29,553.2M
Trade balance [+]2021$34,116.1M
Trade balance % GDP [+]20215.88%
Retail Sales YoY [+]September 2022-0.8%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2021381
Global Peace Ranking [+]202222º
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]201710,273.0
% Immigrant [+]201917.20%
% Emigrant [+]20195.05%
Birth Rate [+]202110.20‰
Remittance sent ($M) [+]20176,021.6
Crude death rate [+]20219.70‰
Fertility Rate [+]20201.55
Crude marriage rate [+]20202.80‰
% risk of poverty [+]202112.7%
Population [+]202111,631,136
Immigrant stock [+]20191,981,919
Emigrant stock [+]2019581,740
HDI [+]20190.931
Gender Gap Ranking [+]202214º
Life expectancy [+]202181.90
Suicides [+]20191,761
Suicide rate [+]201915.11
Number of homicides [+]2017193
Rate Homicides per 100.000 [+]20171.69
Energy and Environment
CO2 Tons per capita [+]20218.22
Consumption GWh [+]202183,413
Generation GWh [+]202194,864
Others
COVID-19 - Deaths [+]11/29/202233,057
COVID-19 - Confirmed [+]11/29/20224,636,264
Fully vaccinated [+]11/26/20229,165,219
COVID-19 - Deaths per million population [+]11/29/20222,842.11
Doses administered [+]11/26/202229,498,078