Country comparison Belgium vs Iceland

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Gouvernement
GDP Growth (%) [+]20241.1%chart-1.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,531Kchart22,143K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€620,272Mchart€30,697M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$33,222M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€79,4002024GDP per capita [+]
GDP per capita [+]2024$56,221chart$86,6642024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101Mchart€8,623M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024644,398chart18,0272023Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart19,4982023Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart61.55%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€54,151chart€46,9982023Debt Per Capita [+]
Debt Per Capita [+]2024$58,455chart$50,8332023Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart-1,1382024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart-1,2312024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-3.70%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart14,456.12024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart15,647.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart1,978.92023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart2,139.42023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart14.83%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart2,318,346,769.32024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart2,289.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart16.06%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart02019Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart02019Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart47.00%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,175chart€37,1202024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,420chart$40,1782024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€5,2112023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$5,6952023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€6,0442024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$5,9082023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€02019Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$02019Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3A109/20/2024Moody's Rating [+]
S&P Rating [+]11/25/2011AAA+11/10/2023S&P Rating [+]
Fitch Rating [+]04/03/2020AA-A05/22/2020Fitch Rating [+]
Corruption Index [+]202373chart722023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart26º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart15.22024Fragile States Index [+]
RTI Raking [+]2024122ºchart115º2024RTI Raking [+]
Innovation Ranking [+]202424ºchart22º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20256.4%chart4.6%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.4%chart3.6%2025Q2Unemployment rate [+]
Unemployed [+]2025Q3351Kchart9K2025Q2Unemployed [+]
NMW [+]2025$2,394.8chart$3,127.62024NMW [+]
NMW [+]2025€2,112.0chart€2,830.52024NMW [+]
Average Wage [+]2024$65,853chart$85,6212024Average Wage [+]
Average Wage [+]2024€60,841chart€79,1042024Average Wage [+]
Human Capital Ranking [+]201715ºchart21º2017Human Capital Ranking [+]
Markets
146.400001/16/2026Euro / Icelandic kronas [+]
US Dollar exchange rate [+]01/16/20260.8608chart126.020001/16/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]01/16/20263.29%
Risk Premium [+]01/16/202645
Stock ExchangeYTD % [+]01/17/20265.49%chart3.54%01/17/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.4%chart4.5%December 2025CPI (overall index) [+]
HICP [+]December 20252.2%chart3.4%November 2025HICP [+]
PPI Year on Year [+]November 20250.4%
Money Market
Key rates [+]06/11/20252.15%chart7.25%11/19/2025Key rates [+]
Business
Doing Business [+]202046ºchart26º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%
Passengers vehicles Year [+]December 2024849,888chart20,014December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart47.75December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023332,103
Vehicles / 1,000 people [+]2021591.19chart695.182021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202444.5%chart36.9%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart24.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart44.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20228,220,000chart698,0002021Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€6,404.4M2024Exports [+]
Exports [+]2024$554,583.1Mchart$6,932.0M2024Exports [+]
Exports % GDP [+]202482.60%chart20.86%2024Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€8,922.6M2024Imports [+]
Imports [+]2024$526,098.7Mchart$9,657.6M2024Imports [+]
Imports % GDP [+]202478.36%chart29.07%2024Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-2,518.2M2024Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-2,725.7M2024Trade balance [+]
Trade balance % GDP [+]20244.24%chart-8.20%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20250.6%
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart7º2015Global AgeWatch Ranking [+]
Density [+]2024388chart42024Density [+]
Global Peace Ranking [+]202416ºchart1º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰chart1.90‰2020Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart171.92017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart17.74%2020% Immigrant [+]
% Emigrant [+]20205.00%chart11.73%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart132.92017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart6.80‰2024Crude death rate [+]
Fertility Rate [+]20231.47chart1.552023Fertility Rate [+]
Crude marriage rate [+]20234.00‰chart5.00‰2020Crude marriage rate [+]
% risk of poverty [+]202411.4%chart8.8%2020% risk of poverty [+]
Population [+]202411,900,123chart389,4442024Population [+]
Immigrant stock [+]20202,005,479chart65,4242020Immigrant stock [+]
Emigrant stock [+]2020577,463chart43,2512020Emigrant stock [+]
HDI [+]20220.942chart0.9592022HDI [+]
Gender Gap Ranking [+]202412ºchart1º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart82.802024Life expectancy [+]
Suicides [+]20231,585chart482024Suicides [+]
Suicide rate [+]202313.41chart12.332024Suicide rate [+]
Number of homicides [+]2021125chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart1.292023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18chart8.792023CO2 Tons per capita [+]
Consumption GWh [+]202374,557chart19,2732023Consumption GWh [+]
Generation GWh [+]202377,357chart19,8162023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/202534,339chart18612/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/20254,904,276chart211,14812/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart297,93412/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20252,885.60chart477.6012/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart903,42412/23/2023Doses administered [+]
Belgium
Iceland