Country comparison Armenia vs Belgium

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Gouvernement
GDP Growth (%) [+]20245.9%chart1.1%2024GDP Growth (%) [+]
13,531K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€23,987Mchart€620,272M2024Annual GDP [+]
Annual GDP [+]2024$25,955Mchart$671,370M2024Annual GDP [+]
GDP per capita [+]2024€7,699chart€52,3402024GDP per capita [+]
GDP per capita [+]2024$8,330chart$56,2212024GDP per capita [+]
€161,101M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202411,984chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]202412,967chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202449.96%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€3,896chart€54,1512024Debt Per Capita [+]
Debt Per Capita [+]2024$4,215chart$58,4552024Debt Per Capita [+]
Deficit (M.€) [+]2024-885chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-958chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.69%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20246,954.4chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]20247,525.0chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]2023545.3chart35,238.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]2023587.4chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20258.71%chart12.02%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023327.8chart49,726,639,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023354.7chart53,823,119,520.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20235.46%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,422.8chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202418.33%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202428.99%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,261chart€28,1752024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,446chart$30,4202024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€180chart€3,0172022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$194chart$3,2102022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€111chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$120chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€422chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$457chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]06/26/2025Ba3Aa310/11/2024Moody's Rating [+]
S&P Rating [+]08/25/2023BB-AA11/25/2011S&P Rating [+]
Fitch Rating [+]10/15/2020B+AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202347chart732023Corruption Index [+]
Competitiveness Ranking [+]201969ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202468.1chart30.32024Fragile States Index [+]
RTI Raking [+]202438ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202463ºchart24º2024Innovation Ranking [+]
Labour
6.4%November 2025Unemployment Rate [+]
Unemployment rate [+]2022Q46.7%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2022Q4115Kchart351K2025Q3Unemployed [+]
NMW [+]2024$185.3chart$2,394.82025NMW [+]
NMW [+]2024€167.5chart€2,112.02025NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
Human Capital Ranking [+]201749ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Dram [+]01/13/2026444.2800
US Dollar exchange rate [+]01/13/2026380.8300chart0.858101/13/2026US Dollar exchange rate [+]
3.31%01/13/202610-Year Bond Yield [+]
4901/13/2026Risk Premium [+]
0%12/31/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]April 20252.7%chart2.4%November 2025CPI (overall index) [+]
2.2%December 2025HICP [+]
0.4%November 2025PPI Year on Year [+]
Money Market
Key rates [+]12/16/20256.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202047ºchart46º2020Doing Business [+]
0.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2019970chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.41chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202222.7%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200620.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202023.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,666,000chart8,220,0002022Annual arrivals [+]
Exports [+]2023€7,782.5Mchart€512,373.7M2024Exports [+]
Exports [+]2023$8,415.2Mchart$554,583.1M2024Exports [+]
Exports % GDP [+]202334.80%chart82.60%2024Exports % GDP [+]
Imports [+]2023€11,382.6Mchart€486,057.3M2024Imports [+]
Imports [+]2023$12,308.0Mchart$526,098.7M2024Imports [+]
Imports % GDP [+]202350.90%chart78.36%2024Imports % GDP [+]
Trade balance [+]2023€-3,600.1Mchart€26,316.4M2024Trade balance [+]
Trade balance [+]2023$-3,892.8Mchart$28,484.4M2024Trade balance [+]
Trade balance % GDP [+]2023-16.10%chart4.24%2024Trade balance % GDP [+]
0.6%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201543ºchart24º2015Global AgeWatch Ranking [+]
Density [+]2024103chart3882024Density [+]
Global Peace Ranking [+]202477ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,539.0chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]20206.42%chart17.36%2020% Immigrant [+]
% Emigrant [+]202032.34%chart5.00%2020% Emigrant [+]
Birth Rate [+]202411.10‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017292.2chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20248.40‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20231.90chart1.472023Fertility Rate [+]
Crude marriage rate [+]20235.50‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202323.7%chart11.4%2024% risk of poverty [+]
Population [+]20243,076,252chart11,900,1232024Population [+]
Immigrant stock [+]2020190,349chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020958,190chart577,4632020Emigrant stock [+]
HDI [+]20220.786chart0.9422022HDI [+]
Gender Gap Ranking [+]202464ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202377.47chart82.602024Life expectancy [+]
Suicides [+]2015162chart1,5852023Suicides [+]
Suicide rate [+]20155.39chart13.412023Suicide rate [+]
Number of homicides [+]202365chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.21chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20232.63chart7.182023CO2 Tons per capita [+]
Consumption GWh [+]20237,012chart74,5572023Consumption GWh [+]
Generation GWh [+]20238,648chart77,3572023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/20258,785chart34,33912/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/2025454,865chart4,904,27612/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]10/01/20231,030,758chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20252,855.75chart2,885.6012/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]10/01/20232,256,919chart31,469,38802/11/2024Doses administered [+]
Armenia
Belgium