Rate

4.75%

-0.50

CPI

2.2%

0

Rate

3.65%

-0.60

CPI

1.1%

-0.3

Unemployment

3.4%

0

Unemployment

7.0%

-0.6

Unemployment

11.3%

-1.0

Unemployment

6.7%

-1.0

  1. Countries data: Demographic and economy

Country comparison Belgium vs Luxembourg

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Unemployment rate (LFS) Belgium vs Luxembourg comparison
 
Gouvernement
Qu. GDP Per Capita [+]2024Q212,760Kchart30,768K2024Q2Qu. GDP Per Capita [+]
Annual GDP [+]2023€584,699Mchart€79,310M2023Annual GDP [+]
Annual GDP [+]2023$632,217Mchart$85,755M2023Annual GDP [+]
GDP per capita [+]2023€49,720chart€118,7702023GDP per capita [+]
GDP per capita [+]2023$53,433chart$127,6022023GDP per capita [+]
Quarterly GDP [+]2024Q2€150,981Mchart€20,678M2024Q2Quarterly GDP [+]
Debt (M.€.) [+]2023614,933chart20,3592023Debt (M.€.) [+]
Debt ($M) [+]2023664,927chart22,0142023Debt ($M) [+]
Debt (%GDP) [+]2023105.20%chart25.70%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€51,972chart€30,2932023Debt Per Capita [+]
Debt Per Capita [+]2023$56,197chart$32,7562023Debt Per Capita [+]
Deficit (M.€) [+]2023-25,965chart-9932023Deficit (M.€) [+]
Deficit ($M) [+]2023-28,076chart-1,0742023Deficit ($M) [+]
Deficit (%GDP) [+]2023-4.40%chart-1.30%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2023319,140.5chart38,144.82023Expenditure (M.€) [+]
Expenditure ($M) [+]2023345,086.6chart41,246.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202131,550.6chart3,646.22022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202137,316.2chart3,839.62022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202111.32%chart10.74%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202244,790,723,000.0chart3,941,302,000.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202247,164,631,319.0chart4,261,729,852.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202115.46%chart10.95%2022Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20226,538.3chart543.02022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20226,885.1chart571.82022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20222.23%chart1.60%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202354.60%chart48.10%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€26,973chart€56,7592023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$29,165chart$61,3732023Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€2,723chart€5,5642022Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$3,220chart$5,9542022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,848chart€5,8912023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,052chart$6,3702023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€560chart€8292022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$588chart$8872022Defence Expenditure P.C. [+]
Moody's Rating [+]04/28/2023Aa3Aaa03/17/2023Moody's Rating [+]
S&P Rating [+]11/25/2011AAAAA04/28/1994S&P Rating [+]
Fitch Rating [+]04/03/2020AA-AAA03/06/2020Fitch Rating [+]
Corruption Index [+]202273chart772022Corruption Index [+]
Competitiveness Ranking [+]201922ºchart18º2019Competitiveness Ranking [+]
Fragile States Index [+]201829.7chart20.82018Fragile States Index [+]
RTI Raking [+]2022120ºchart115º2022RTI Raking [+]
Innovation Ranking [+]201825ºchart15º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20245.4%chart5.8%July 2024Unemployment Rate [+]
Unemployment rate [+]2024Q25.3%chart6.3%2024Q2Unemployment rate [+]
Unemployed [+]2024Q2284Kchart22K2024Q2Unemployed [+]
NMW [+]2024$2,246.9chart$2,790.02024NMW [+]
NMW [+]2024€2,070.5chart€2,570.92024NMW [+]
Average Wage [+]2023$64,105chart$79,3872023Average Wage [+]
Average Wage [+]2023€59,285chart€73,4182023Average Wage [+]
Human Capital Ranking [+]201715ºchart30º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]09/20/20240.8956chart0.895609/20/2024US Dollar exchange rate [+]
10-Year Bond Yield [+]09/20/20242.83%
Risk Premium [+]09/20/202464
Stock ExchangeYTD % [+]09/20/202413.70%chart-8.01%09/19/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 20242.9%chart1.7%August 2024CPI (overall index) [+]
HICP [+]August 20244.3%chart1.7%August 2024HICP [+]
PPI Year on Year [+]April 2024-2.6%chart18.0%April 2024PPI Year on Year [+]
Money Market
Key rates [+]09/18/20243.65%chart3.65%09/18/2024Key rates [+]
Business
Doing Business [+]202046ºchart72º2020Doing Business [+]
IPI Year on Year [+]April 20243.0%chart-5.9%April 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 2022366,333chart42,094December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart71.86December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19chart775.272021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202244.8%chart42.2%2023Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart17.00%01/01/2015Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart47.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20199,343,324chart1,041,1172019Annual arrivals [+]
Exports [+]2023€522,482.2Mchart€15,843.2M2023Exports [+]
Exports [+]2023$562,439.0Mchart$17,147.9M2023Exports [+]
Exports % GDP [+]202389.36%chart19.98%2023Exports % GDP [+]
Imports [+]2023€506,969.1Mchart€24,181.4M2023Imports [+]
Imports [+]2023$546,764.8Mchart$25,535.2M2023Imports [+]
Imports % GDP [+]202386.71%chart30.49%2023Imports % GDP [+]
Trade balance [+]2023€15,513.1Mchart€-8,338.2M2023Trade balance [+]
Trade balance [+]2023$15,674.2Mchart$-8,387.3M2023Trade balance [+]
Trade balance % GDP [+]20232.65%chart-10.51%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-6.2%chart6.5%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart19º2015Global AgeWatch Ranking [+]
Density [+]2023388chart2592023Density [+]
Global Peace Ranking [+]202320ºchart-1º2023Global Peace Ranking [+]
Crude divorce rate [+]20221.70‰chart1.90‰2022Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart1,746.12017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart46.96%2020% Immigrant [+]
% Emigrant [+]20205.00%chart12.88%2020% Emigrant [+]
Birth Rate [+]20239.40‰chart9.50‰2023Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart1,321.52017Remittance sent ($M) [+]
Crude death rate [+]20239.40‰chart6.60‰2023Crude death rate [+]
Fertility Rate [+]20221.53chart1.312022Fertility Rate [+]
Crude marriage rate [+]20224.20‰chart3.80‰2022Crude marriage rate [+]
% risk of poverty [+]202312.3%chart18.8%2023% risk of poverty [+]
Population [+]202311,832,049chart672,0502023Population [+]
Immigrant stock [+]20202,005,479chart298,0622020Immigrant stock [+]
Emigrant stock [+]2020577,463chart81,7572020Emigrant stock [+]
HDI [+]20210.937chart0.9302021HDI [+]
Gender Gap Ranking [+]202310ºchart44º2023Gender Gap Ranking [+]
Life expectancy [+]202382.50chart83.402023Life expectancy [+]
Suicides [+]20211,674chart532022Suicides [+]
Suicide rate [+]202114.28chart8.702022Suicide rate [+]
Number of homicides [+]2021125chart102022Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart1.542022Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20227.72chart12.262022CO2 Tons per capita [+]
Consumption GWh [+]202279,972chart6,1222022Consumption GWh [+]
Generation GWh [+]202290,893chart7632022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/202434,339chart1,00008/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/20244,872,829chart393,54208/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart462,70206/11/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20242,902.20chart1,487.9808/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,387chart1,374,54703/25/2023Doses administered [+]
Belgium
Luxembourg