Unemployment

6.9%

0.6

Unemployment

8.8%

-0.4

Unemployment

9.6%

-1.5

Unemployment

2.8%

0.2

Rate

4.50%

0.25

CPI

6.7%

-0.1

CPI

11.4%

-0.4

CPI

5.5%

-0.5

  1. Countries data: Demographic and economy

Country comparison Belgium vs Nigeria

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Gouvernement
Qu. GDP Per Capita [+]2023Q212,150K
Annual GDP [+]2022€549,456Mchart€452,971M2022Annual GDP [+]
Annual GDP [+]2022$582,210Mchart$477,376M2022Annual GDP [+]
GDP per capita [+]2022€46,990chart€2,1232022GDP per capita [+]
GDP per capita [+]2022$50,114chart$2,2372022GDP per capita [+]
Quarterly GDP [+]2023Q2€142,816M
Debt (M.€.) [+]2022577,640chart172,2082022Debt (M.€.) [+]
Debt ($M) [+]2022608,255chart181,4862022Debt ($M) [+]
Debt (%GDP) [+]2022105.10%chart38.02%2022Debt (%GDP) [+]
Debt Per Capita [+]2022€49,144chart€8072022Debt Per Capita [+]
Debt Per Capita [+]2022$51,749chart$8502022Debt Per Capita [+]
Deficit (M.€) [+]2022-21,345chart-24,8272022Deficit (M.€) [+]
Deficit ($M) [+]2022-22,476chart-26,1652022Deficit ($M) [+]
Deficit (%GDP) [+]2022-3.90%chart-5.48%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2022294,217.9chart64,640.82022Expenditure (M.€) [+]
Expenditure ($M) [+]2022309,811.4chart68,123.42022Expenditure ($M) [+]
Education Expenditure (M.€) [+]201829,357.5
Education Expenditure ($M) [+]201834,685.7chart851.11975Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201812.22%chart5.14%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202246,064,855,000.0chart1,772.32017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202248,506,292,315.0chart2,001.42017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201715.31%chart4.60%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20215,436.3chart3,618.82021Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20216,431.3chart4,282.92021Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20211.91%chart7.32%2021Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202253.50%chart14.27%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€25,031chart€3032022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$26,358chart$3192022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,569
Education Expenditure P.C [+]2018$3,043chart$141975Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,965chart€92017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,175chart$102017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2021€469chart€172021Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2021$557chart$202021Defence Expenditure P.C. [+]
Moody's Rating [+]04/28/2023Aa3
S&P Rating [+]11/25/2011AAB-08/04/2023S&P Rating [+]
Fitch Rating [+]04/03/2020AA-B-11/11/2022Fitch Rating [+]
Corruption Index [+]202273chart242022Corruption Index [+]
Competitiveness Ranking [+]201922ºchart116º2019Competitiveness Ranking [+]
Fragile States Index [+]201829.7chart99.92018Fragile States Index [+]
RTI Raking [+]09/28/2018111ºchart61º09/28/2018RTI Raking [+]
Innovation Ranking [+]201825ºchart118º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]July 20235.5%
Unemployment rate [+]2023Q25.4%chart3.1%2023Q1Unemployment rate [+]
Unemployed [+]2023Q2285Kchart2,255K2023Q1Unemployed [+]
NMW [+]2023$2,085.3chart$70.42022NMW [+]
NMW [+]2023€1,955.0chart€64.22022NMW [+]
Average Wage [+]2022$58,264
Average Wage [+]2022€55,332
Human Capital Ranking [+]201715ºchart114º2017Human Capital Ranking [+]
Markets
823.854409/26/2023Euro / Nairas [+]
US Dollar exchange rate [+]09/27/20230.9491chart778.102009/26/2023US Dollar exchange rate [+]
10-Year Bond Yield [+]09/27/20233.53%
Risk Premium [+]09/27/202367
Stock ExchangeYTD % [+]09/27/2023-4.98%
Prices
CPI (overall index) [+]August 20234.1%chart25.8%August 2023CPI (overall index) [+]
HICP [+]August 20232.4%
PPI Year on Year [+]July 2023-12.8%
Money Market
Key rates [+]09/20/20234.50%chart18.75%07/26/2023Key rates [+]
Business
Doing Business [+]202046ºchart146º2019Doing Business [+]
IPI Year on Year [+]July 2023-4.3%
Passengers vehicles Year [+]December 2022366,333chart5,100December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.72chart0.05December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19chart55.712020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202145.3%chart5.5%2020Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart7.50%01/01/2020Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart24.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20199,343,324chart5,265,0002016Annual arrivals [+]
Exports [+]2022€604,126.0Mchart€38,993.4M2021Exports [+]
Exports [+]2022$636,144.7Mchart$46,117.4M2021Exports [+]
Exports % GDP [+]2022109.95%chart10.45%2021Exports % GDP [+]
Imports [+]2022€592,913.7Mchart€63,161.0M2021Imports [+]
Imports [+]2022$624,338.1Mchart$74,700.5M2021Imports [+]
Imports % GDP [+]2022107.91%chart16.93%2021Imports % GDP [+]
Trade balance [+]2022€11,212.4Mchart€-24,167.7M2021Trade balance [+]
Trade balance [+]2022$11,806.6Mchart$-28,583.1M2021Trade balance [+]
Trade balance % GDP [+]20222.04%chart-6.48%2021Trade balance % GDP [+]
Retail Sales YoY [+]July 2023-5.8%
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart86º2015Global AgeWatch Ranking [+]
Density [+]2022385chart2312021Density [+]
Global Peace Ranking [+]202222ºchart143º2022Global Peace Ranking [+]
Crude divorce rate [+]20211.90‰
Remittance received ($M) [+]201710,273.0chart21,967.22017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart0.63%2020% Immigrant [+]
% Emigrant [+]20205.00%chart0.80%2020% Emigrant [+]
Birth Rate [+]20229.80‰chart37.12‰2021Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart1,143.72017Remittance sent ($M) [+]
Crude death rate [+]202210.00‰chart13.08‰2021Crude death rate [+]
Fertility Rate [+]20211.60chart5.242021Fertility Rate [+]
Crude marriage rate [+]20213.50‰
% risk of poverty [+]202213.2%chart40.1%2018% risk of poverty [+]
Population [+]202211,754,004chart213,401,3232021Population [+]
Immigrant stock [+]20202,005,479chart1,308,5682020Immigrant stock [+]
Emigrant stock [+]2020577,463chart1,670,4552020Emigrant stock [+]
HDI [+]20210.937chart0.5352021HDI [+]
Gender Gap Ranking [+]202214ºchart123º2022Gender Gap Ranking [+]
Life expectancy [+]202281.80chart52.682021Life expectancy [+]
Suicides [+]20201,764chart18,0952015Suicides [+]
Suicide rate [+]202015.13chart9.832015Suicide rate [+]
Number of homicides [+]2021125chart44,2002019Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart21.742019Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20218.22chart0.602021CO2 Tons per capita [+]
1,4002022Annual crude oil production [+]
36,890.02021Crude Oil Reserves [+]
Consumption GWh [+]202183,413chart26,5962021Consumption GWh [+]
Generation GWh [+]202194,864chart31,4582021Generation GWh [+]
Others
COVID-19 - Deaths [+]09/21/202334,339chart3,15509/21/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/21/20234,812,396chart266,67509/21/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]09/17/20239,168,769chart79,729,92209/17/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]09/21/20232,921.47chart14.7809/21/2023COVID-19 - Deaths per million population [+]
Doses administered [+]09/17/202329,636,742chart130,894,62509/17/2023Doses administered [+]
Belgium
Nigeria