Country comparison Belgium vs Madagascar

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Gouvernement
GDP Growth (%) [+]20241.1%chart4.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,531K
Annual GDP [+]2024€620,272Mchart€16,095M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$17,421M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€5042024GDP per capita [+]
GDP per capita [+]2024$56,221chart$5452024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101M
Debt (M.€.) [+]2024644,398chart8,1032024Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart8,7682024Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart50.33%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€54,151chart€2532024Debt Per Capita [+]
Debt Per Capita [+]2024$58,455chart$2742024Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart-3992024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart-4322024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-2.48%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart2,610.12024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart2,824.32024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart450.62023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart487.22023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart14.07%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart145.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart156.82023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart5.51%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart114.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart123.52024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart4.24%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart16.21%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,175chart€822024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,420chart$882024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€142023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$162023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€52023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$52023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€42024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$42024Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202373chart252023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart132º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart79.82024Fragile States Index [+]
RTI Raking [+]2024122º
Innovation Ranking [+]202424ºchart110º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20256.4%
Unemployment rate [+]2025Q36.4%
Unemployed [+]2025Q3351K
NMW [+]2025$2,394.8chart$41.72023NMW [+]
NMW [+]2025€2,112.0
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715ºchart110º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/15/20260.8603
10-Year Bond Yield [+]01/16/20263.30%
Risk Premium [+]01/16/202645
Stock ExchangeYTD % [+]01/15/20265.35%
Prices
CPI (overall index) [+]November 20252.4%
HICP [+]December 20252.2%
PPI Year on Year [+]November 20250.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202046ºchart161º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%
Passengers vehicles Year [+]December 2024849,888chart1,043December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart0.07December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023332,103
Vehicles / 1,000 people [+]2021591.19chart28.082015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202444.5%chart11.5%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202260.2%
Trade
Annual arrivals [+]20228,220,000chart7,8002021Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€2,971.4M2023Exports [+]
Exports [+]2024$554,583.1Mchart$3,213.0M2023Exports [+]
Exports % GDP [+]202482.60%chart20.10%2023Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€4,392.8M2023Imports [+]
Imports [+]2024$526,098.7Mchart$4,749.9M2023Imports [+]
Imports % GDP [+]202478.36%chart29.71%2023Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-1,421.4M2023Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-1,536.9M2023Trade balance [+]
Trade balance % GDP [+]20244.24%chart-9.61%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20250.6%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2024388chart542024Density [+]
Global Peace Ranking [+]202416ºchart44º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰
Remittance received ($M) [+]201710,273.0chart261.82017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart0.12%2020% Immigrant [+]
% Emigrant [+]20205.00%chart0.67%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart32.10‰2023Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart182.92017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart7.53‰2023Crude death rate [+]
Fertility Rate [+]20231.47chart3.972023Fertility Rate [+]
Crude marriage rate [+]20234.00‰
% risk of poverty [+]202411.4%chart75.2%2021% risk of poverty [+]
Population [+]202411,900,123chart31,964,9562024Population [+]
Immigrant stock [+]20202,005,479chart35,5632020Immigrant stock [+]
Emigrant stock [+]2020577,463chart193,5262020Emigrant stock [+]
HDI [+]20220.942chart0.4872022HDI [+]
Gender Gap Ranking [+]202412ºchart66º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart63.632023Life expectancy [+]
Suicides [+]20231,585chart1,1262015Suicides [+]
Suicide rate [+]202313.41chart4.792015Suicide rate [+]
Number of homicides [+]2021125
Rate Homicides per 100.000 [+]20211.08
Energy and Environment
CO2 Tons per capita [+]20237.18chart0.142023CO2 Tons per capita [+]
Consumption GWh [+]202374,557chart2,5062023Consumption GWh [+]
Generation GWh [+]202377,357chart2,6452023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/21/202534,339chart1,42812/21/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/21/20254,904,276chart68,73312/21/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart2,628,84907/30/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/21/20252,885.60chart44.6712/21/2025COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart3,092,06307/30/2023Doses administered [+]
Belgium
Madagascar