Country comparison Belgium vs North Macedonia

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Gouvernement
GDP Growth (%) [+]20241.1%chart3.0%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,538Kchart2,369K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€620,272Mchart€15,672M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$16,679M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€8,5902024GDP per capita [+]
GDP per capita [+]2024$56,221chart$9,1692024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101Mchart€4,318M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024644,398chart8,4522024Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart9,1462024Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart54.83%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€54,151chart€4,6372024Debt Per Capita [+]
Debt Per Capita [+]2024$58,455chart$5,0182024Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart-6852024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart-7422024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-4.45%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart5,661.12024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart6,125.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart139.92002Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart132.62002Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart8.64%2002Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart623.62023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart674.32023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart12.05%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart329.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart350.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart5.55%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart36.73%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,175chart€3,1062024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,420chart$3,3612024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€692002Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$652002Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€3402023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$3682023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€1812024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$1932024Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3
S&P Rating [+]11/25/2011AABB-05/24/2013S&P Rating [+]
Fitch Rating [+]04/03/2020AA-BB+05/15/2020Fitch Rating [+]
Corruption Index [+]202373chart422023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart82º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart58.12024Fragile States Index [+]
RTI Raking [+]2024122ºchart26º2024RTI Raking [+]
Innovation Ranking [+]202424ºchart58º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20256.4%chart11.2%November 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.4%chart11.5%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3351Kchart92K2025Q3Unemployed [+]
NMW [+]2025$2,394.8chart$388.92023NMW [+]
NMW [+]2025€2,112.0chart€541.02025NMW [+]
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715ºchart67º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/22/20260.8543
10-Year Bond Yield [+]01/23/20263.31%
Risk Premium [+]01/23/202641
Stock ExchangeYTD % [+]01/23/20264.69%chart-0.73%01/23/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.4%
HICP [+]December 20252.2%chart3.6%December 2025HICP [+]
PPI Year on Year [+]November 20250.4%chart4.6%November 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202046ºchart17º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%chart-2.8%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024849,888chart4,060December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart2.24December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023332,103
Vehicles / 1,000 people [+]2021591.19chart205.562015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202444.5%
Standard VAT [+]01/01/200621.00%chart18.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20228,220,000chart537,0002022Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€7,783.5M2024Exports [+]
Exports [+]2024$554,583.1Mchart$8,424.7M2024Exports [+]
Exports % GDP [+]202482.60%chart49.67%2024Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€11,065.7M2024Imports [+]
Imports [+]2024$526,098.7Mchart$11,977.3M2024Imports [+]
Imports % GDP [+]202478.36%chart70.61%2024Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-3,282.2M2024Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-3,552.6M2024Trade balance [+]
Trade balance % GDP [+]20244.24%chart-20.94%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20250.6%chart2.2%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2024388chart712024Density [+]
Global Peace Ranking [+]202416ºchart38º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰chart1.00‰2021Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart314.02017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart6.35%2020% Immigrant [+]
% Emigrant [+]20205.00%chart33.54%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart8.80‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart128.22017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart11.10‰2024Crude death rate [+]
Fertility Rate [+]20231.47chart1.492023Fertility Rate [+]
Crude marriage rate [+]20234.00‰chart6.80‰2021Crude marriage rate [+]
% risk of poverty [+]202411.4%chart22.2%2023% risk of poverty [+]
Population [+]202411,900,123chart1,822,6122024Population [+]
Immigrant stock [+]20202,005,479chart131,3112020Immigrant stock [+]
Emigrant stock [+]2020577,463chart693,8962020Emigrant stock [+]
HDI [+]20220.942chart0.7652022HDI [+]
Gender Gap Ranking [+]202412ºchart58º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart75.322023Life expectancy [+]
Suicides [+]20231,585chart1222010Suicides [+]
Suicide rate [+]202313.41chart5.902010Suicide rate [+]
Number of homicides [+]2021125chart282023Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart1.532023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18chart4.192023CO2 Tons per capita [+]
Consumption GWh [+]202374,557chart5,3642023Consumption GWh [+]
Generation GWh [+]202377,357chart6,2062023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202534,339chart9,99112/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20254,904,520chart352,09312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart838,18105/07/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,885.60chart5,481.6912/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart1,862,98705/07/2023Doses administered [+]
Belgium
North Macedonia