Country comparison Belgium vs Palau

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Gouvernement
Qu. GDP Per Capita [+]2024Q112,732K
Annual GDP [+]2023€584,699Mchart€233M2022Annual GDP [+]
Annual GDP [+]2023$632,217Mchart$246M2022Annual GDP [+]
GDP per capita [+]2023€49,720chart€12,9682022GDP per capita [+]
GDP per capita [+]2023$53,839chart$13,6672022GDP per capita [+]
Quarterly GDP [+]2024Q1€149,511M
Debt (M.€.) [+]2023614,933chart1602022Debt (M.€.) [+]
Debt ($M) [+]2023664,927chart1692022Debt ($M) [+]
Debt (%GDP) [+]2023105.20%chart68.39%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€52,367chart€8,9092022Debt Per Capita [+]
Debt Per Capita [+]2023$56,624chart$9,3892022Debt Per Capita [+]
Deficit (M.€) [+]2023-25,965chart-92022Deficit (M.€) [+]
Deficit ($M) [+]2023-28,076chart-92022Deficit ($M) [+]
Deficit (%GDP) [+]2023-4.40%chart-3.57%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2023319,140.5chart144.22022Expenditure (M.€) [+]
Expenditure ($M) [+]2023345,086.6chart152.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]202131,550.6chart17.02019Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202137,316.2chart19.02019Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202111.32%chart15.66%2019Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202246,064,855,000.0chart14.12021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202248,506,292,315.0chart16.62021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202115.46%chart11.10%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20226,538.3
Defence Expenditure ($M) [+]20226,885.1
Defence Expenditure (%Bud.) [+]20222.23%
Expenditure (%GDP) [+]202354.60%chart61.76%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€27,178chart€8,0132022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$29,387chart$8,4442022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€2,723chart€9552019Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$3,220chart$1,0692019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,965chart€7812021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,175chart$9232021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€560
Defence Expenditure P.C. [+]2022$588
Moody's Rating [+]04/28/2023Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202273
Competitiveness Ranking [+]201922º
Fragile States Index [+]201829.7
RTI Raking [+]2022120ºchart136º2022RTI Raking [+]
Innovation Ranking [+]201825º
Labour
Unemployment Rate [+]April 20245.8%
Unemployment rate [+]2024Q15.7%
Unemployed [+]2024Q1302K
NMW [+]2024$2,203.6chart$728.02022NMW [+]
NMW [+]2024€1,994.2chart€642.82022NMW [+]
Average Wage [+]2023$64,105
Average Wage [+]2023€59,285
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]06/18/20240.9333
10-Year Bond Yield [+]06/20/20243.09%
Risk Premium [+]06/20/202466
Stock ExchangeYTD % [+]06/19/20244.14%
Prices
CPI (overall index) [+]May 20243.4%
HICP [+]May 20244.9%
PPI Year on Year [+]April 2024-2.6%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202046ºchart145º2020Doing Business [+]
IPI Year on Year [+]April 20243.0%
Passengers vehicles Year [+]December 2022366,333
Annual Vehicles/ 1,000 p. [+]December 202236.75
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19
Taxes
Tax Revenue (%GDP) [+]202244.8%
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202260.2%
Trade
Annual arrivals [+]20199,343,324chart106,0002018Annual arrivals [+]
Exports [+]2023€522,482.2Mchart€1.7M2023Exports [+]
Exports [+]2023$562,439.0Mchart$1.9M2023Exports [+]
Exports % GDP [+]202389.36%chart1.11%2022Exports % GDP [+]
Imports [+]2023€506,969.1Mchart€224.1M2023Imports [+]
Imports [+]2023$546,764.8Mchart$242.3M2023Imports [+]
Imports % GDP [+]202386.71%chart84.38%2022Imports % GDP [+]
Trade balance [+]2023€15,513.1Mchart€-222.3M2023Trade balance [+]
Trade balance [+]2023$15,674.2Mchart$-240.4M2023Trade balance [+]
Trade balance % GDP [+]20232.65%chart-83.28%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-6.2%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2022385chart392021Density [+]
Global Peace Ranking [+]202320º
Crude divorce rate [+]20221.70‰
Remittance received ($M) [+]201710,273.0chart2.42017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart28.27%2020% Immigrant [+]
% Emigrant [+]20205.00%chart14.76%2020% Emigrant [+]
Birth Rate [+]20229.80‰chart8.80‰2022Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart18.12017Remittance sent ($M) [+]
Crude death rate [+]202210.00‰chart11.40‰2022Crude death rate [+]
Fertility Rate [+]20221.53chart0.852020Fertility Rate [+]
Crude marriage rate [+]20224.20‰
% risk of poverty [+]202312.3%chart24.9%2006% risk of poverty [+]
Population [+]202211,742,796chart18,0002021Population [+]
Immigrant stock [+]20202,005,479chart5,0882020Immigrant stock [+]
Emigrant stock [+]2020577,463chart2,6562020Emigrant stock [+]
HDI [+]20210.937chart0.7672021HDI [+]
Gender Gap Ranking [+]202310º
Life expectancy [+]202382.50chart69.132005Life expectancy [+]
Suicides [+]20211,674
Suicide rate [+]202114.28
Number of homicides [+]2021125chart22018Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart11.202018Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20227.72chart59.002022CO2 Tons per capita [+]
Consumption GWh [+]202279,972
Generation GWh [+]202290,893
Others
COVID-19 - Deaths [+]06/02/202434,339chart1006/02/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]06/02/20244,862,645chart6,36606/02/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945
COVID-19 - Deaths per million population [+]06/02/20242,924.26chart555.5606/02/2024COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,387chart31,93111/04/2021Doses administered [+]
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF