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 11,566,041 people, it is ranked at 81º position by population of 196 countries and it has a high population density, with 379 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 2020 was 515,238 millions of euros (588,505 millions of dollars), ( 112.8% debt-to-GDP ratio) and its public debt per capita is €44,547 euros per inhabitant$50,882 dollars per inhabitant.

The last annual rate of CPI published in Belgium was on December of 2021 and it was 5.7%.

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 45th 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 [+]2021Q311,164K
Annual GDP [+]2020€456,893M
Annual GDP [+]2020$514,920M
GDP per capita [+]2020€39,580
GDP per capita [+]2020$44,688
Quarterly GDP [+]2021Q3€129,118M
Debt (M.€.) [+]2020515,238
Debt ($M) [+]2020588,505
Debt (%GDP) [+]2020112.80%
Debt Per Capita [+]2020€44,547
Debt Per Capita [+]2020$50,882
Deficit (M.€) [+]2020-42,318
Deficit ($M) [+]2020-48,336
Deficit (%GDP) [+]2020-9.40%
Expenditure (M.€) [+]2020270,569.3
Expenditure ($M) [+]2020309,044.3
Education Expenditure (M.€) [+]201829,334.4
Education Expenditure ($M) [+]201834,684.0
Education Expenditure (%Bud.) [+]201812.22%
Gov. Health Exp. (M.€) [+]201938,986.8
Gov. Health Exp.($M) [+]201943,645.7
Gov. Health Exp. (%Bud.) [+]201715.31%
Defence Expenditure (M.€) [+]20204,938.3
Defence Expenditure ($M) [+]20205,565.5
Defence Expenditure (%Bud.) [+]20201.78%
Expenditure (%GDP) [+]202060.00%
Expenditure Per Capita [+]2020€23,393
Expenditure Per Capita [+]2020$26,720
Education Expenditure P.C [+]2018€2,567
Education Expenditure P.C [+]2018$3,043
Gov. Health Exp. P.C. [+]2019€3,393
Gov. Health Exp. P.C. [+]2019$3,799
Defence Expenditure P.C. [+]2020€428
Defence Expenditure P.C. [+]2020$483
Moody's Rating [+]10/11/2019Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202076
Competitiveness Ranking [+]201922º
Fragile States Index [+]201829.7
RTI Raking [+]09/28/2018111º
Innovation Ranking [+]201825º
Labour
Unemployment Rate [+]November 20215.9%
Unemployment rate [+]2021Q36.5%
Unemployed [+]2021Q3343K
NMW [+]2021$1,994.9
NMW [+]2021€1,625.7
Average Wage [+]2020$54,506
Average Wage [+]2020€47,720
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]01/21/20220.8812
10-Year Bond Yield [+]01/21/20220.25%
Risk Premium [+]01/21/202232
Stock ExchangeYTD % [+]01/21/2022-3.81%
Prices
CPI (overall index) [+]December 20215.7%
HICP [+]December 20216.6%
PPI Year on Year [+]November 202139.0%
Money Market
Key rates [+]10/17/20170%
Business
Doing Business [+]201945º
IPI Year on Year [+]November 20219.0%
Passengers vehicles Year [+]December 2021383,123
Annual Vehicles/ 1,000 p. [+]November 202141.06
Motor vehicle production [+]2020267,460
Vehicles / 1,000 people [+]2020589.66
Taxes
Tax Revenue (%GDP) [+]202045.4%
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202060.2%
Trade
Annual arrivals [+]20199,343,324
Exports [+]2020€369,673.0M
Exports [+]2020$419,340.1M
Exports % GDP [+]202080.91%
Imports [+]2020€347,959.6M
Imports [+]2020$394,637.2M
Imports % GDP [+]202076.16%
Trade balance [+]2020€21,713.3M
Trade balance [+]2020$24,702.9M
Trade balance % GDP [+]20204.75%
Retail Sales YoY [+]November 202112.2%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2020379
Global Peace Ranking [+]202120º
Crude divorce rate [+]20192.00‰
Remittance received ($M) [+]201710,273.0
% Immigrant [+]201917.20%
% Emigrant [+]20195.05%
Birth Rate [+]20209.90‰
Remittance sent ($M) [+]20176,021.6
Crude death rate [+]202011.00‰
Fertility Rate [+]20191.60
Crude marriage rate [+]20193.90‰
% risk of poverty [+]202014.1%
Population [+]202011,566,041
Immigrant stock [+]20191,981,919
Emigrant stock [+]2019581,740
HDI [+]20190.931
Gender Gap Ranking [+]202027º
Life expectancy [+]202080.90
Suicides [+]20181,820
Suicide rate [+]201815.77
Number of homicides [+]2017193
Rate Homicides per 100.000 [+]20171.69
Energy and Environment
CO2 Tons per capita [+]20207.24
Consumption GWh [+]202082,190
Generation GWh [+]202086,293
Others
COVID-19 - Deaths [+]01/20/202228,759
COVID-19 - Confirmed [+]01/20/20222,642,761
Fully vaccinated [+]01/20/20228,842,522
COVID-19 - Deaths per million population [+]01/20/20222,486.50
Doses administered [+]01/20/202223,637,466