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 11,754,004 people, it is ranked at 81º position by population of 196 countries and it has a high population density, with 385 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 2022 was 578,063 millions of euros (608,701 millions of dollars), ( 104.3% debt-to-GDP ratio) and its public debt per capita is €49,180 euros per inhabitant$51,787 dollars per inhabitant.

The last annual rate of CPI published in Belgium was on October of 2023 and it was 0.4%.

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 0.937 points in 2021, leaving it in 13th place in the table of 191 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
Qu. GDP Per Capita [+]2023Q212,304K
Annual GDP [+]2022€554,044M
Annual GDP [+]2022$582,210M
GDP per capita [+]2022€47,430
GDP per capita [+]2022$50,114
Quarterly GDP [+]2023Q2€144,627M
Debt (M.€.) [+]2022578,063
Debt ($M) [+]2022608,701
Debt (%GDP) [+]2022104.30%
Debt Per Capita [+]2022€49,180
Debt Per Capita [+]2022$51,787
Deficit (M.€) [+]2022-21,345
Deficit ($M) [+]2022-22,476
Deficit (%GDP) [+]2022-3.90%
Expenditure (M.€) [+]2022294,217.9
Expenditure ($M) [+]2022309,811.4
Education Expenditure (M.€) [+]201829,357.5
Education Expenditure ($M) [+]201834,685.7
Education Expenditure (%Bud.) [+]201812.22%
Gov. Health Exp. (M.€) [+]202246,064,855,000.0
Gov. Health Exp.($M) [+]202248,506,292,315.0
Gov. Health Exp. (%Bud.) [+]201715.31%
Defence Expenditure (M.€) [+]20226,536.3
Defence Expenditure ($M) [+]20226,868.5
Defence Expenditure (%Bud.) [+]20222.23%
Expenditure (%GDP) [+]202253.50%
Expenditure Per Capita [+]2022€25,031
Expenditure Per Capita [+]2022$26,358
Education Expenditure P.C [+]2018€2,569
Education Expenditure P.C [+]2018$3,043
Gov. Health Exp. P.C. [+]2022€3,965
Gov. Health Exp. P.C. [+]2022$4,175
Defence Expenditure P.C. [+]2022€560
Defence Expenditure P.C. [+]2022$591
Moody's Rating [+]04/28/2023Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202273
Competitiveness Ranking [+]201922º
Fragile States Index [+]201829.7
RTI Raking [+]2022120º
Innovation Ranking [+]201825º
Unemployment Rate [+]September 20235.6%
Unemployment rate [+]2023Q25.4%
Unemployed [+]2023Q2285K
NMW [+]2023$2,085.3
NMW [+]2023€1,955.0
Average Wage [+]2022$58,264
Average Wage [+]2022€55,332
Human Capital Ranking [+]201715º
US Dollar exchange rate [+]11/27/20230.9132
10-Year Bond Yield [+]11/28/20233.15%
Risk Premium [+]11/28/202361
Stock ExchangeYTD % [+]11/27/2023-3.81%
CPI (overall index) [+]October 20230.4%
HICP [+]October 2023-1.7%
PPI Year on Year [+]September 2023-18.0%
Money Market
Key rates [+]09/20/20234.50%
Doing Business [+]202046º
IPI Year on Year [+]September 2023-14.0%
Passengers vehicles Year [+]December 2022366,333
Annual Vehicles/ 1,000 p. [+]December 202236.72
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19
Tax Revenue (%GDP) [+]202244.8%
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202260.2%
Annual arrivals [+]20199,343,324
Exports [+]2022€606,450.7M
Exports [+]2022$638,592.6M
Exports % GDP [+]2022109.46%
Imports [+]2022€588,732.3M
Imports [+]2022$619,935.1M
Imports % GDP [+]2022106.26%
Trade balance [+]2022€17,718.4M
Trade balance [+]2022$18,657.5M
Trade balance % GDP [+]20223.20%
Retail Sales YoY [+]September 2023-7.4%
Global AgeWatch Ranking [+]201524º
Density [+]2022385
Global Peace Ranking [+]202320º
Crude divorce rate [+]20211.90‰
Remittance received ($M) [+]201710,273.0
% Immigrant [+]202017.36%
% Emigrant [+]20205.00%
Birth Rate [+]20229.80‰
Remittance sent ($M) [+]20176,021.6
Crude death rate [+]202210.00‰
Fertility Rate [+]20211.60
Crude marriage rate [+]20213.50‰
% risk of poverty [+]202213.2%
Population [+]202211,754,004
Immigrant stock [+]20202,005,479
Emigrant stock [+]2020577,463
HDI [+]20210.937
Gender Gap Ranking [+]202310º
Life expectancy [+]202281.80
Suicides [+]20201,764
Suicide rate [+]202015.13
Number of homicides [+]2021125
Rate Homicides per 100.000 [+]20211.08
Energy and Environment
CO2 Tons per capita [+]20218.22
Consumption GWh [+]202183,413
Generation GWh [+]202194,864
COVID-19 - Deaths [+]11/22/202334,339
COVID-19 - Confirmed [+]11/22/20234,829,921
Fully vaccinated [+]09/24/20239,169,717
COVID-19 - Deaths per million population [+]11/22/20232,921.47
Doses administered [+]09/24/202329,706,059