Country comparison Belgium vs Monaco

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Gouvernement
GDP Growth (%) [+]20241.1%chart8.5%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,557K
Annual GDP [+]2024€620,272Mchart€10,279M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$11,126M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€267,5222024GDP per capita [+]
GDP per capita [+]2024$56,221chart$289,5612024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101M
Debt (M.€.) [+]2024644,398
Debt ($M) [+]2024695,626
Debt (%GDP) [+]2024103.90%
Debt Per Capita [+]2024€54,226
Debt Per Capita [+]2024$58,537
Deficit (M.€) [+]2024-27,058
Deficit ($M) [+]2024-30,027
Deficit (%GDP) [+]2024-4.40%
Expenditure (M.€) [+]2024335,287.5
Expenditure ($M) [+]2024361,996.9
Education Expenditure (M.€) [+]202235,238.8chart160.32023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart173.12023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart7.73%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart247.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart267.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart11.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2
Defence Expenditure ($M) [+]20248,573.8
Defence Expenditure (%Bud.) [+]20242.36%
Expenditure (%GDP) [+]202454.10%chart22.40%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,215
Expenditure Per Capita [+]2024$30,462
Education Expenditure P.C [+]2022€3,017chart€4,1772023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$4,5172023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€6,3402023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$6,8562023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668
Defence Expenditure P.C. [+]2024$718
Moody's Rating [+]10/11/2024Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202373
Competitiveness Ranking [+]201922º
Fragile States Index [+]202430.3
RTI Raking [+]2024122ºchart136º2024RTI Raking [+]
Innovation Ranking [+]202424º
Labour
Unemployment Rate [+]December 20256.4%
Unemployment rate [+]2025Q36.4%
Unemployed [+]2025Q3351K
NMW [+]2026$2,481.6chart$12.72014NMW [+]
NMW [+]2026€2,112.0chart€1,650.62014NMW [+]
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]02/06/20260.8479chart0.847902/06/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/09/20263.26%
Risk Premium [+]02/09/202642
Stock ExchangeYTD % [+]02/06/20269.47%
Prices
CPI (overall index) [+]November 20252.4%
HICP [+]December 20252.2%
PPI Year on Year [+]December 2025-0.2%
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202046º
IPI Year on Year [+]November 20250.5%
Passengers vehicles Year [+]December 2024849,888
Annual Vehicles/ 1,000 p. [+]December 202236.75
Motor vehicle production [+]2023332,103
Vehicles / 1,000 people [+]2021591.19
Taxes
Tax Revenue (%GDP) [+]202444.5%
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202260.2%
Trade
Annual arrivals [+]20228,220,000chart327,0002022Annual arrivals [+]
Exports [+]2024€512,373.7M
Exports [+]2024$554,583.1M
Exports % GDP [+]202482.60%
Imports [+]2024€486,057.3M
Imports [+]2024$526,098.7M
Imports % GDP [+]202478.36%
Trade balance [+]2024€26,316.4M
Trade balance [+]2024$28,484.4M
Trade balance % GDP [+]20244.24%
Retail Sales YoY [+]December 20250%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2024387chart5132024Density [+]
Global Peace Ranking [+]202416º
Crude divorce rate [+]20231.70‰chart2.50‰2004Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0
% Immigrant [+]202017.36%chart69.91%2020% Immigrant [+]
% Emigrant [+]20205.00%chart85.55%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart5.30‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart181.32017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart6.70‰2024Crude death rate [+]
Fertility Rate [+]20241.44chart2.112023Fertility Rate [+]
Crude marriage rate [+]20234.00‰chart5.06‰2023Crude marriage rate [+]
% risk of poverty [+]202510.9%
Population [+]202411,883,495chart38,4232024Population [+]
Immigrant stock [+]20202,005,479chart26,6012020Immigrant stock [+]
Emigrant stock [+]2020577,463chart32,5522020Emigrant stock [+]
HDI [+]20220.942
Gender Gap Ranking [+]202412º
Life expectancy [+]202482.60chart86.372023Life expectancy [+]
Suicides [+]20231,585
Suicide rate [+]202313.41
Number of homicides [+]2021125chart02015Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart02015Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18
Consumption GWh [+]202374,557
Generation GWh [+]202377,357
Others
COVID-19 - Deaths [+]01/18/202634,339chart6701/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20264,905,271chart17,18101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart25,66712/21/2021Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,889.64chart1,743.7501/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart71,92912/23/2023Doses administered [+]
Belgium
Monaco