Country comparison Azerbaijan vs Belgium

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Gouvernement
GDP Growth (%) [+]20244.1%chart1.0%2025GDP Growth (%) [+]
13,638K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2024€68,680Mchart€641,893M2025Annual GDP [+]
Annual GDP [+]2024$74,316Mchart$725,328M2025Annual GDP [+]
GDP per capita [+]2024€6,701chart€53,9202025GDP per capita [+]
GDP per capita [+]2024$7,251chart$61,0362025GDP per capita [+]
€162,072M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202414,885chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]202416,106chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202421.67%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€1,456chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2024$1,575chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]20242,786chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]20243,015chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]20244.06%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202423,289.1chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202425,200.0chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,451.2chart35,228.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,651.1chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202511.92%chart12.01%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023932.8chart49,726.62024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20231,009.3chart53,823.12024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.26%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20243,429.2chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20243,710.5chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202415.23%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202433.91%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€2,278chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$2,465chart$30,4622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€242chart€3,0162022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$262chart$3,2092022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€90chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$98chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€335chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$362chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]07/04/2025Baa3Aa310/11/2024Moody's Rating [+]
S&P Rating [+]12/05/2025NRAA11/25/2011S&P Rating [+]
Fitch Rating [+]04/10/2020BB+AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202323chart732023Corruption Index [+]
Competitiveness Ranking [+]201958ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202472.8chart30.32024Fragile States Index [+]
RTI Raking [+]202450ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202495ºchart24º2024Innovation Ranking [+]
Labour
6.4%January 2026Unemployment Rate [+]
Unemployment rate [+]2016Q45.0%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2016Q4253Kchart351K2025Q3Unemployed [+]
NMW [+]2024$202.9chart$2,481.62026NMW [+]
NMW [+]2024€183.8chart€2,112.02026NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
Human Capital Ranking [+]201654ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Manat [+]11/16/20241.7918
US Dollar exchange rate [+]11/16/20241.7000chart0.866003/12/2026US Dollar exchange rate [+]
3.43%03/13/202610-Year Bond Yield [+]
4803/13/2026Risk Premium [+]
2.16%03/12/2026Stock ExchangeYTD % [+]
Prices
2.4%November 2025CPI (overall index) [+]
2.2%December 2025HICP [+]
0.9%January 2026PPI Year on Year [+]
Money Market
Key rates [+]02/05/20266.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202028ºchart46º2020Doing Business [+]
11.2%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20196,046chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.67chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]2015134.14chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202323.0%chart44.5%2024Tax Revenue (%GDP) [+]
21.00%01/01/2006Standard VAT [+]
60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,508,000chart8,220,0002022Annual arrivals [+]
Exports [+]2023€31,349.9Mchart€503,249.9M2025Exports [+]
Exports [+]2023$33,898.6Mchart$568,662.3M2025Exports [+]
Exports % GDP [+]202346.82%chart78.40%2025Exports % GDP [+]
Imports [+]2023€15,985.7Mchart€476,599.4M2025Imports [+]
Imports [+]2023$17,285.3Mchart$538,547.8M2025Imports [+]
Imports % GDP [+]202323.87%chart74.25%2025Imports % GDP [+]
Trade balance [+]2023€15,364.2Mchart€26,650.5M2025Trade balance [+]
Trade balance [+]2023$16,613.3Mchart$30,114.5M2025Trade balance [+]
Trade balance % GDP [+]202322.94%chart4.15%2025Trade balance % GDP [+]
0.5%January 2026Retail Sales YoY [+]
Socio-Demography
24º2015Global AgeWatch Ranking [+]
Density [+]2024118chart3872024Density [+]
Global Peace Ranking [+]2024106ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20221.60‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]20171,050.3chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]20202.49%chart17.36%2020% Immigrant [+]
% Emigrant [+]202011.50%chart5.00%2020% Emigrant [+]
Birth Rate [+]202410.00‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017285.0chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20245.80‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20231.55chart1.442024Fertility Rate [+]
Crude marriage rate [+]20226.10‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]20126.0%chart10.9%2025% risk of poverty [+]
Population [+]202410,224,889chart11,883,4952024Population [+]
Immigrant stock [+]2020252,228chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]20201,163,922chart577,4632020Emigrant stock [+]
HDI [+]20220.760chart0.9422022HDI [+]
Gender Gap Ranking [+]2024103ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202374.43chart82.402024Life expectancy [+]
Suicides [+]2015319chart1,5852023Suicides [+]
Suicide rate [+]20153.28chart13.412023Suicide rate [+]
Number of homicides [+]2024206chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.16chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20234.14chart7.182023CO2 Tons per capita [+]
Annual crude oil production [+]2024591
Crude Oil Reserves [+]20217,000.0
Consumption GWh [+]202424,465chart79,0162024Consumption GWh [+]
Generation GWh [+]202427,832chart72,3752024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/202610,353chart34,33902/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026836,510chart4,906,78902/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/28/20224,862,494chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/20261,012.53chart2,889.6402/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/28/202213,857,111chart31,469,38802/11/2024Doses administered [+]
Azerbaijan
Belgium