Country comparison Belgium vs Norway

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Gouvernement
GDP Growth (%) [+]20241.1%chart2.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,557Kchart20,873K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€620,272Mchart€446,866M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$483,593M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€80,2002024GDP per capita [+]
GDP per capita [+]2024$56,221chart$86,5872024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101Mchart€116,770M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024644,398chart197,0492023Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart213,1242023Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart44.13%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€54,226chart€35,5032023Debt Per Capita [+]
Debt Per Capita [+]2024$58,537chart$38,3992023Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart58,9642024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart63,8222024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart13.20%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart221,049.92024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart239,260.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart30,960.32022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart32,392.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart14.47%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart37,248,508,861.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart39,211.52023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart17.37%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart9,345.02024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart10,113.12024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart4.53%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart49.50%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,215chart€39,5132024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,462chart$42,7682024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€5,6742022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$5,9422022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€6,7112024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$7,1442023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€1,6772024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$1,8112024Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3Aaa06/07/2024Moody's Rating [+]
S&P Rating [+]11/25/2011AAAAA07/09/1975S&P Rating [+]
Fitch Rating [+]04/03/2020AA-AAA02/28/2020Fitch Rating [+]
Corruption Index [+]202373chart842023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart17º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart12.72024Fragile States Index [+]
RTI Raking [+]2024122ºchart86º2024RTI Raking [+]
Innovation Ranking [+]202424ºchart21º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20256.4%chart4.3%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q36.4%chart4.6%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3351Kchart141K2025Q3Unemployed [+]
NMW [+]2026$2,481.6
NMW [+]2026€2,112.0
Average Wage [+]2024$65,853chart$71,0852024Average Wage [+]
Average Wage [+]2024€60,841chart€65,6752024Average Wage [+]
Human Capital Ranking [+]201715ºchart1º2017Human Capital Ranking [+]
Markets
11.281502/17/2026Euro / Norwegian krones [+]
US Dollar exchange rate [+]02/17/20260.8456chart9.510502/13/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/18/20263.14%chart4.22%02/18/202610-Year Bond Yield [+]
Risk Premium [+]02/18/202639chart14702/18/2026Risk Premium [+]
Stock ExchangeYTD % [+]02/17/202611.98%chart9.25%02/17/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.4%chart4.8%December 2023CPI (overall index) [+]
HICP [+]December 20252.2%chart3.0%December 2025HICP [+]
PPI Year on Year [+]December 2025-0.2%chart4.6%January 2026PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart4.00%09/19/2025Key rates [+]
Business
Doing Business [+]202046ºchart9º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%chart2.3%December 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024849,888chart252,252December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart38.26December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023332,103
Vehicles / 1,000 people [+]2021591.19chart634.332021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202444.5%chart40.6%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart25.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart47.4%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20228,220,000chart4,979,4002022Annual arrivals [+]
Exports [+]2025€503,249.9Mchart€151,645.8M2025Exports [+]
Exports [+]2025$568,662.3Mchart$171,356.7M2025Exports [+]
Exports % GDP [+]202482.60%chart34.56%2024Exports % GDP [+]
Imports [+]2025€476,599.4Mchart€93,455.9M2025Imports [+]
Imports [+]2025$538,547.8Mchart$105,603.3M2025Imports [+]
Imports % GDP [+]202478.36%chart20.37%2024Imports % GDP [+]
Trade balance [+]2025€26,650.5Mchart€58,189.9M2025Trade balance [+]
Trade balance [+]2025$30,114.5Mchart$65,753.4M2025Trade balance [+]
Trade balance % GDP [+]20244.24%chart14.19%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20250%chart3.3%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart2º2015Global AgeWatch Ranking [+]
Density [+]2024387chart92024Density [+]
Global Peace Ranking [+]202416ºchart28º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰chart1.80‰2020Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart614.12017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart15.81%2020% Immigrant [+]
% Emigrant [+]20205.00%chart3.55%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart9.70‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart2,237.92017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart7.90‰2024Crude death rate [+]
Fertility Rate [+]20241.44chart1.402023Fertility Rate [+]
Crude marriage rate [+]20234.00‰chart3.30‰2020Crude marriage rate [+]
% risk of poverty [+]202510.9%chart11.6%2024% risk of poverty [+]
Population [+]202411,883,495chart5,594,3402024Population [+]
Immigrant stock [+]20202,005,479chart852,2382020Immigrant stock [+]
Emigrant stock [+]2020577,463chart191,3922020Emigrant stock [+]
HDI [+]20220.942chart0.9662022HDI [+]
Gender Gap Ranking [+]202412ºchart3º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart83.302024Life expectancy [+]
Suicides [+]20231,585chart7282023Suicides [+]
Suicide rate [+]202313.41chart13.122023Suicide rate [+]
Number of homicides [+]2021125chart402023Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart0.722023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18chart7.862023CO2 Tons per capita [+]
1,7912024Annual crude oil production [+]
8,122.22021Crude Oil Reserves [+]
Consumption GWh [+]202374,557chart127,3242023Consumption GWh [+]
Generation GWh [+]202377,357chart152,0952023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/202634,339chart5,73201/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20264,905,271chart1,549,52501/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart4,061,31212/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,889.64chart1,024.6101/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart13,020,64112/23/2023Doses administered [+]
Belgium
Norway