Unemployment

2.9%

-0.1

Unemployment

3.8%

0.3

Unemployment

6.2%

-0.6

Unemployment

9.3%

0.5

Unemployment

8.9%

-0.7

Unemployment

2.8%

0.2

CPI

1.8%

-3.6

CPI

4.6%

-2.1

  1. Countries data: Demographic and economy

Country comparison Belgium vs Armenia

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Gouvernement
Qu. GDP Per Capita [+]2023Q212,304K
Annual GDP [+]2022€554,044Mchart€18,451M2022Annual GDP [+]
Annual GDP [+]2022$582,210Mchart$19,503M2022Annual GDP [+]
GDP per capita [+]2022€47,430chart€6,1982022GDP per capita [+]
GDP per capita [+]2022$50,114chart$6,5512022GDP per capita [+]
Quarterly GDP [+]2023Q2€144,627M
Debt (M.€.) [+]2022578,063chart7,0562021Debt (M.€.) [+]
Debt ($M) [+]2022608,701chart8,3512021Debt ($M) [+]
Debt (%GDP) [+]2022104.30%chart60.25%2021Debt (%GDP) [+]
Debt Per Capita [+]2022€49,180chart€2,5282021Debt Per Capita [+]
Debt Per Capita [+]2022$51,787chart$2,9922021Debt Per Capita [+]
Deficit (M.€) [+]2022-21,345chart-5372021Deficit (M.€) [+]
Deficit ($M) [+]2022-22,476chart-6362021Deficit ($M) [+]
Deficit (%GDP) [+]2022-3.90%chart-4.59%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]2022294,217.9chart3,361.62021Expenditure (M.€) [+]
Expenditure ($M) [+]2022309,811.4chart3,978.52021Expenditure ($M) [+]
Education Expenditure (M.€) [+]201829,357.5chart299.72020Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201834,685.7chart342.12020Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201812.22%chart8.28%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202246,064,855,000.0chart140.12017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202248,506,292,315.0chart158.22017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201715.31%chart5.27%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20226,536.3chart796.52022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20226,868.5chart842.02022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20222.23%chart16.00%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202253.50%chart28.70%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€25,031chart€1,2042021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$26,358chart$1,4252021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,569chart€1012020Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$3,043chart$1152020Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,965chart€482017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,175chart$542017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€560chart€2682022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$591chart$2832022Defence Expenditure P.C. [+]
Moody's Rating [+]04/28/2023Aa3Ba306/22/2023Moody's Rating [+]
S&P Rating [+]11/25/2011AABB-08/25/2023S&P Rating [+]
Fitch Rating [+]04/03/2020AA-B+10/15/2020Fitch Rating [+]
Corruption Index [+]202273chart462022Corruption Index [+]
Competitiveness Ranking [+]201922ºchart69º2019Competitiveness Ranking [+]
Fragile States Index [+]201829.7chart69.52018Fragile States Index [+]
RTI Raking [+]2022120ºchart35º2022RTI Raking [+]
Innovation Ranking [+]201825ºchart68º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]September 20235.6%
Unemployment rate [+]2023Q25.4%chart10.0%2021Q4Unemployment rate [+]
Unemployed [+]2023Q2285Kchart155K2021Q4Unemployed [+]
NMW [+]2023$2,085.3chart$156.12022NMW [+]
NMW [+]2023€1,955.0chart€125.32022NMW [+]
Average Wage [+]2022$58,264
Average Wage [+]2022€55,332
Human Capital Ranking [+]201715ºchart49º2017Human Capital Ranking [+]
Markets
440.590011/28/2023Euro / Dram [+]
US Dollar exchange rate [+]11/28/20230.9133chart402.290011/28/2023US Dollar exchange rate [+]
10-Year Bond Yield [+]11/28/20233.11%
Risk Premium [+]11/28/202361
Stock ExchangeYTD % [+]11/28/2023-5.34%
Prices
CPI (overall index) [+]October 20230.4%chart2.5%October 2023CPI (overall index) [+]
HICP [+]October 2023-1.7%
PPI Year on Year [+]September 2023-18.0%
Money Market
Key rates [+]09/20/20234.50%chart9.50%10/31/2023Key rates [+]
Business
Doing Business [+]202046ºchart47º2020Doing Business [+]
IPI Year on Year [+]September 2023-14.0%
Passengers vehicles Year [+]December 2022366,333chart970December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.72chart0.41December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19
Taxes
Tax Revenue (%GDP) [+]202244.8%chart22.7%2021Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart23.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20199,343,324chart1,894,3772019Annual arrivals [+]
Exports [+]2022€606,450.7Mchart€2,555.6M2021Exports [+]
Exports [+]2022$638,592.6Mchart$3,022.5M2021Exports [+]
Exports % GDP [+]2022109.46%chart21.82%2021Exports % GDP [+]
Imports [+]2022€588,732.3Mchart€4,529.3M2021Imports [+]
Imports [+]2022$619,935.1Mchart$5,356.8M2021Imports [+]
Imports % GDP [+]2022106.26%chart38.67%2021Imports % GDP [+]
Trade balance [+]2022€17,718.4Mchart€-1,973.7M2021Trade balance [+]
Trade balance [+]2022$18,657.5Mchart$-2,334.3M2021Trade balance [+]
Trade balance % GDP [+]20223.20%chart-16.85%2021Trade balance % GDP [+]
Retail Sales YoY [+]September 2023-7.4%
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart43º2015Global AgeWatch Ranking [+]
Density [+]2022385chart1002022Density [+]
Global Peace Ranking [+]202320ºchart66º2023Global Peace Ranking [+]
Crude divorce rate [+]20211.90‰chart1.10‰2020Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart1,539.02017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart6.42%2020% Immigrant [+]
% Emigrant [+]20205.00%chart32.34%2020% Emigrant [+]
Birth Rate [+]20229.80‰chart12.05‰2021Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart292.22017Remittance sent ($M) [+]
Crude death rate [+]202210.00‰chart13.01‰2021Crude death rate [+]
Fertility Rate [+]20211.60chart1.582021Fertility Rate [+]
Crude marriage rate [+]20213.50‰chart4.11‰2020Crude marriage rate [+]
% risk of poverty [+]202213.2%chart26.5%2021% risk of poverty [+]
Population [+]202211,754,004chart2,977,1302022Population [+]
Immigrant stock [+]20202,005,479chart190,3492020Immigrant stock [+]
Emigrant stock [+]2020577,463chart958,1902020Emigrant stock [+]
HDI [+]20210.937chart0.7592021HDI [+]
Gender Gap Ranking [+]202310ºchart61º2023Gender Gap Ranking [+]
Life expectancy [+]202281.80chart72.042021Life expectancy [+]
Suicides [+]20201,764chart1622015Suicides [+]
Suicide rate [+]202015.13chart5.392015Suicide rate [+]
Number of homicides [+]2021125chart612021Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart2.192021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20218.22chart2.302021CO2 Tons per capita [+]
Consumption GWh [+]202183,413chart6,1322021Consumption GWh [+]
Generation GWh [+]202194,864chart7,3242021Generation GWh [+]
Others
COVID-19 - Deaths [+]11/22/202334,339chart8,77411/22/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]11/22/20234,829,921chart451,10711/22/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]09/24/20239,169,717chart1,030,75810/01/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]11/22/20232,921.47chart2,947.1311/22/2023COVID-19 - Deaths per million population [+]
Doses administered [+]09/24/202329,706,059chart2,256,91910/01/2023Doses administered [+]
Belgium
Armenia