Unemployment

3.0%

0

Unemployment

7.3%

-0.1

Unemployment

11.5%

-0.1

Unemployment

7.3%

-0.2

CPI

5.3%

-0.2

CPI

4.9%

0.0

Unemployment

9.3%

-0.3

Unemployment

9.0%

0.2

  1. Countries data: Demographic and economy

Country comparison Belgium vs Palau

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Gouvernement
Qu. GDP Per Capita [+]2023Q212,150K
Annual GDP [+]2022€549,456Mchart€190M2021Annual GDP [+]
Annual GDP [+]2022$582,210Mchart$225M2021Annual GDP [+]
GDP per capita [+]2022€46,990chart€10,7812021GDP per capita [+]
GDP per capita [+]2022$50,114chart$12,7592021GDP per capita [+]
Quarterly GDP [+]2023Q2€142,816M
Debt (M.€.) [+]2022577,640
Debt ($M) [+]2022608,255
Debt (%GDP) [+]2022105.10%
Debt Per Capita [+]2022€49,144
Debt Per Capita [+]2022$51,749
Deficit (M.€) [+]2022-21,345chart-312021Deficit (M.€) [+]
Deficit ($M) [+]2022-22,476chart-372021Deficit ($M) [+]
Deficit (%GDP) [+]2022-3.90%chart-16.29%2021Deficit (%GDP) [+]
Expenditure (M.€) [+]2022294,217.9chart126.72021Expenditure (M.€) [+]
Expenditure ($M) [+]2022309,811.4chart150.02021Expenditure ($M) [+]
Education Expenditure (M.€) [+]201829,357.5chart17.12019Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]201834,685.7chart19.12019Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201812.22%chart15.66%2019Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202246,064,855,000.0chart15.52017Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202248,506,292,315.0chart17.62017Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201715.31%chart17.39%2017Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20226,482.1
Defence Expenditure ($M) [+]20226,868.5
Defence Expenditure (%Bud.) [+]20222.23%
Expenditure (%GDP) [+]202253.50%chart66.37%2021Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€25,031chart€7,0412021Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$26,358chart$8,3332021Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€2,569chart€9642019Education Expenditure P.C [+]
Education Expenditure P.C [+]2018$3,043chart$1,0792019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€3,965chart€7152017Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$4,175chart$8082017Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€554
Defence Expenditure P.C. [+]2022$591
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 [+]09/28/2018111ºchart123º09/28/2018RTI Raking [+]
Innovation Ranking [+]201825º
Labour
Unemployment Rate [+]August 20235.5%
Unemployment rate [+]2023Q25.4%
Unemployed [+]2023Q2285K
NMW [+]2023$2,085.3chart$728.02022NMW [+]
NMW [+]2023€1,955.0chart€642.82022NMW [+]
Average Wage [+]2022$58,264
Average Wage [+]2022€55,332
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]10/04/20230.9527
10-Year Bond Yield [+]10/04/20233.59%
Risk Premium [+]10/04/202367
Stock ExchangeYTD % [+]10/04/2023-6.68%
Prices
CPI (overall index) [+]August 20234.1%
HICP [+]September 20230.7%
PPI Year on Year [+]August 2023-16.6%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202046ºchart145º2020Doing Business [+]
IPI Year on Year [+]July 2023-4.3%
Passengers vehicles Year [+]December 2022366,333
Annual Vehicles/ 1,000 p. [+]December 202236.72
Motor vehicle production [+]2022276,554
Vehicles / 1,000 people [+]2021591.19
Taxes
Tax Revenue (%GDP) [+]202145.3%
Standard VAT [+]01/01/200621.00%
Top tax rate + SSC [+]202260.2%
Trade
Annual arrivals [+]20199,343,324chart106,0002018Annual arrivals [+]
Exports [+]2022€604,126.0Mchart€2.5M2021Exports [+]
Exports [+]2022$636,144.7Mchart$3.0M2021Exports [+]
Exports % GDP [+]2022109.95%chart1.34%2021Exports % GDP [+]
Imports [+]2022€592,913.7Mchart€169.5M2021Imports [+]
Imports [+]2022$624,338.1Mchart$200.5M2021Imports [+]
Imports % GDP [+]2022107.91%chart89.17%2021Imports % GDP [+]
Trade balance [+]2022€11,212.4Mchart€-167.0M2021Trade balance [+]
Trade balance [+]2022$11,806.6Mchart$-197.5M2021Trade balance [+]
Trade balance % GDP [+]20222.04%chart-87.84%2021Trade balance % GDP [+]
Retail Sales YoY [+]August 2023-8.7%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2022385chart392021Density [+]
Global Peace Ranking [+]202222º
Crude divorce rate [+]20211.90‰
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‰chart13.40‰2021Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart18.12017Remittance sent ($M) [+]
Crude death rate [+]202210.00‰chart10.20‰2021Crude death rate [+]
Fertility Rate [+]20211.60chart0.852020Fertility Rate [+]
Crude marriage rate [+]20213.50‰
% risk of poverty [+]202213.2%chart24.9%2006% risk of poverty [+]
Population [+]202211,754,004chart18,0002021Population [+]
Immigrant stock [+]20202,005,479chart5,0882020Immigrant stock [+]
Emigrant stock [+]2020577,463chart2,6562020Emigrant stock [+]
HDI [+]20210.937chart0.7672021HDI [+]
Gender Gap Ranking [+]202214º
Life expectancy [+]202281.80chart69.132005Life expectancy [+]
Suicides [+]20201,764
Suicide rate [+]202015.13
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 [+]20218.22chart60.172021CO2 Tons per capita [+]
Consumption GWh [+]202183,413
Generation GWh [+]202194,864
Others
COVID-19 - Deaths [+]09/27/202334,339chart909/27/2023COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]09/27/20234,812,396chart6,23509/27/2023COVID-19 - Confirmed [+]
Fully vaccinated [+]09/24/20239,169,717
COVID-19 - Deaths per million population [+]09/27/20232,921.47chart500.0009/27/2023COVID-19 - Deaths per million population [+]
Doses administered [+]09/24/202329,706,059chart31,93111/04/2021Doses administered [+]
Belgium
Palau
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF