Country comparison Belgium vs Palau

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20241.1%chart1.4%2023GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,538K
Annual GDP [+]2024€620,272Mchart€254M2023Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$275M2023Annual GDP [+]
GDP per capita [+]2024€52,340chart€14,4452023GDP per capita [+]
GDP per capita [+]2024$56,221chart$15,6232023GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101M
Debt (M.€.) [+]2024644,398chart1952023Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart2112023Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart76.77%2023Debt (%GDP) [+]
Debt Per Capita [+]2024€54,151chart€10,8382023Debt Per Capita [+]
Debt Per Capita [+]2024$58,455chart$11,7222023Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart32023Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart32023Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart1.02%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart126.72023Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart137.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart9.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart9.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart9.77%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart16.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart18.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart13.26%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2
Defence Expenditure ($M) [+]20248,573.8
Defence Expenditure (%Bud.) [+]20242.36%
Expenditure (%GDP) [+]202454.10%chart49.84%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,175chart€7,0372023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,420chart$7,6112023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€5092023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$5512023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€9482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$1,0252023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668
Defence Expenditure P.C. [+]2024$718
Moody's Rating [+]10/11/2024Aa3
S&P Rating [+]11/25/2011AA
Fitch Rating [+]04/03/2020AA-
Corruption Index [+]202373
Competitiveness Ranking [+]201922º
Fragile States Index [+]202430.3
RTI Raking [+]2024122ºchart140º2024RTI Raking [+]
Innovation Ranking [+]202424º
Labour
Unemployment Rate [+]November 20256.4%
Unemployment rate [+]2025Q36.4%
Unemployed [+]2025Q3351K
NMW [+]2025$2,394.8chart$883.02024NMW [+]
NMW [+]2025€2,112.0chart€799.12024NMW [+]
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715º
Markets
US Dollar exchange rate [+]01/16/20260.8608
10-Year Bond Yield [+]01/16/20263.29%
Risk Premium [+]01/16/202645
Stock ExchangeYTD % [+]01/17/20265.49%
Prices
CPI (overall index) [+]November 20252.4%
HICP [+]December 20252.2%
PPI Year on Year [+]November 20250.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202046ºchart145º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%
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%
Top tax rate + SSC [+]202260.2%
Trade
Annual arrivals [+]20228,220,000chart18,4002020Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€1.7M2023Exports [+]
Exports [+]2024$554,583.1Mchart$1.9M2023Exports [+]
Exports % GDP [+]202482.60%chart0.68%2023Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€224.0M2023Imports [+]
Imports [+]2024$526,098.7Mchart$242.2M2023Imports [+]
Imports % GDP [+]202478.36%chart88.09%2023Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-222.2M2023Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-240.4M2023Trade balance [+]
Trade balance % GDP [+]20244.24%chart-87.41%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20250.6%
Socio-Demography
Global AgeWatch Ranking [+]201524º
Density [+]2024388chart392024Density [+]
Global Peace Ranking [+]202416º
Crude divorce rate [+]20231.70‰
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 [+]20249.20‰chart10.90‰2023Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart18.12017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart11.50‰2023Crude death rate [+]
Fertility Rate [+]20231.47chart1.912023Fertility Rate [+]
Crude marriage rate [+]20234.00‰
% risk of poverty [+]202411.4%chart24.9%2006% risk of poverty [+]
Population [+]202411,900,123chart18,0002024Population [+]
Immigrant stock [+]20202,005,479chart5,0882020Immigrant stock [+]
Emigrant stock [+]2020577,463chart2,6562020Emigrant stock [+]
HDI [+]20220.942chart0.7972022HDI [+]
Gender Gap Ranking [+]202412º
Life expectancy [+]202482.60chart69.272023Life expectancy [+]
Suicides [+]20231,585
Suicide rate [+]202313.41
Number of homicides [+]2021125chart22018Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart11.232018Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18chart62.592023CO2 Tons per capita [+]
Consumption GWh [+]202374,557
Generation GWh [+]202377,357
Others
COVID-19 - Deaths [+]12/28/202534,339chart1012/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20254,904,520chart6,37212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945
COVID-19 - Deaths per million population [+]12/28/20252,885.60chart555.5612/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart31,93111/04/2021Doses 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