Country comparison Belgium vs Montenegro

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Gouvernement
GDP Growth (%) [+]20241.1%chart3.2%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,557Kchart3,333K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€620,272Mchart€7,645M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$8,272M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€12,2602024GDP per capita [+]
GDP per capita [+]2024$56,221chart$13,2592024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101Mchart€2,077M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024644,398chart4,6452024Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart5,0262024Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart60.76%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€54,226chart€7,4522024Debt Per Capita [+]
Debt Per Capita [+]2024$58,537chart$8,0632024Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart-2152024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart-2332024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-2.81%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart3,324.02024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart3,596.62024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8
Education Expenditure ($M) [+]202237,255.9
Education Expenditure (%Bud.) [+]202212.02%
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart466.22023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart504.12023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart16.60%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart140.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart151.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart4.19%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart43.48%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,215chart€5,3332024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,462chart$5,7702024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017
Education Expenditure P.C [+]2022$3,210
Gov. Health Exp. P.C. [+]2024€4,208chart€7362023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$7962023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€2252024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$2432024Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3Ba309/27/2024Moody's Rating [+]
S&P Rating [+]11/25/2011AAB+08/30/2024S&P Rating [+]
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202373chart462023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart73º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart56.92024Fragile States Index [+]
RTI Raking [+]2024122ºchart61º2024RTI Raking [+]
Innovation Ranking [+]202424ºchart65º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20256.4%
Unemployment rate [+]2025Q36.4%chart12.2%2023Q4Unemployment rate [+]
Unemployed [+]2025Q3351Kchart39K2023Q4Unemployed [+]
NMW [+]2026$2,481.6chart$787.32026NMW [+]
NMW [+]2026€2,112.0chart€670.02026NMW [+]
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]02/12/20260.8422chart0.842202/12/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/12/20263.18%
Risk Premium [+]02/12/202640
Stock ExchangeYTD % [+]02/12/202611.62%chart-0.30%02/12/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.4%
HICP [+]December 20252.2%chart3.7%December 2025HICP [+]
PPI Year on Year [+]December 2025-0.2%chart0.5%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202046ºchart50º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%chart-4.7%December 2025IPI Year on Year [+]
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%chart21.00%01/01/2019Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart9.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20228,220,000chart2,036,0002022Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€614.9M2024Exports [+]
Exports [+]2024$554,583.1Mchart$665.6M2024Exports [+]
Exports % GDP [+]202482.60%chart8.04%2024Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€4,068.0M2024Imports [+]
Imports [+]2024$526,098.7Mchart$4,403.1M2024Imports [+]
Imports % GDP [+]202478.36%chart53.21%2024Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-3,453.1M2024Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-3,737.6M2024Trade balance [+]
Trade balance % GDP [+]20244.24%chart-45.17%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20250%chart-2.1%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart68º2015Global AgeWatch Ranking [+]
Density [+]2024387chart452024Density [+]
Global Peace Ranking [+]202416ºchart35º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰chart1.20‰2021Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart426.32017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart11.44%2020% Immigrant [+]
% Emigrant [+]20205.00%chart21.42%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart11.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart75.62017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart10.20‰2024Crude death rate [+]
Fertility Rate [+]20241.44chart1.762023Fertility Rate [+]
Crude marriage rate [+]20234.00‰chart5.20‰2021Crude marriage rate [+]
% risk of poverty [+]202510.9%chart20.3%2022% risk of poverty [+]
Population [+]202411,883,495chart623,3272024Population [+]
Immigrant stock [+]20202,005,479chart70,9992020Immigrant stock [+]
Emigrant stock [+]2020577,463chart132,9652020Emigrant stock [+]
HDI [+]20220.942chart0.8442022HDI [+]
Gender Gap Ranking [+]202412ºchart67º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart77.602023Life expectancy [+]
Suicides [+]20231,585chart692015Suicides [+]
Suicide rate [+]202313.41chart11.072015Suicide rate [+]
Number of homicides [+]2021125chart52023Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart0.792023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18
Consumption GWh [+]202374,557chart2,7192023Consumption GWh [+]
Generation GWh [+]202377,357chart4,1872023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/202634,339chart2,65401/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20264,905,271chart251,28001/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart284,86908/26/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,889.64chart4,257.8001/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart679,17108/26/2022Doses administered [+]
Belgium
Montenegro