Country comparison Belgium vs Panama

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Gouvernement
GDP Growth (%) [+]20241.1%chart2.7%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,538K
Annual GDP [+]2024€620,272Mchart€79,963M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$86,524M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€17,7322024GDP per capita [+]
GDP per capita [+]2024$56,221chart$19,1872024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101M
Debt (M.€.) [+]2024644,398chart45,8832024Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart49,6482024Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart57.38%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€54,151chart€10,1612024Debt Per Capita [+]
Debt Per Capita [+]2024$58,455chart$10,9952024Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart-5,9292024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart-6,4162024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-7.42%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart18,508.32024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart20,027.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart1,915.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart2,059.82023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart16.28%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart3,290.12023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart3,557.62023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart19.85%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart02020Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart02020Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart0%2020Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart23.15%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,175chart€4,0992024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,420chart$4,4352024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€4302023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$4652023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€7382023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$7982023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€02020Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$02020Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3Baa311/29/2024Moody's Rating [+]
S&P Rating [+]11/25/2011AABBB-11/26/2024S&P Rating [+]
Fitch Rating [+]04/03/2020AA-BBB-02/03/2021Fitch Rating [+]
Corruption Index [+]202373chart352023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart66º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart47.72024Fragile States Index [+]
RTI Raking [+]2024122ºchart56º2024RTI Raking [+]
Innovation Ranking [+]202424ºchart82º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20256.4%
Unemployment rate [+]2025Q36.4%chart4.6%2017Q1Unemployment rate [+]
Unemployed [+]2025Q3351Kchart87K2017Q1Unemployed [+]
NMW [+]2025$2,394.8chart$482.22024NMW [+]
NMW [+]2025€2,112.0chart€436.42024NMW [+]
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715ºchart56º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]01/22/20260.8543
10-Year Bond Yield [+]01/23/20263.31%
Risk Premium [+]01/23/202641
Stock ExchangeYTD % [+]01/23/20264.69%chart8.93%01/23/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.4%chart-0.4%August 2025CPI (overall index) [+]
HICP [+]December 20252.2%
PPI Year on Year [+]November 20250.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202046ºchart86º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%
Passengers vehicles Year [+]December 2024849,888chart39,049December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart11.12December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023332,103
Vehicles / 1,000 people [+]2021591.19chart170.402015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202444.5%chart13.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart7.00%01/01/2010Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart25.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20228,220,000chart1,488,0002022Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€15,479.8M2023Exports [+]
Exports [+]2024$554,583.1Mchart$16,738.3M2023Exports [+]
Exports % GDP [+]202482.60%chart19.98%2023Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€31,706.8M2023Imports [+]
Imports [+]2024$526,098.7Mchart$34,284.5M2023Imports [+]
Imports % GDP [+]202478.36%chart40.92%2023Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-16,227.0M2023Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-19,382.1M2023Trade balance [+]
Trade balance % GDP [+]20244.24%chart-20.94%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20250.6%
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart20º2015Global AgeWatch Ranking [+]
Density [+]2024388chart602024Density [+]
Global Peace Ranking [+]202416ºchart96º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰
Remittance received ($M) [+]201710,273.0chart533.02017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart7.32%2020% Immigrant [+]
% Emigrant [+]20205.00%chart3.26%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart16.03‰2023Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart451.22017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart4.77‰2023Crude death rate [+]
Fertility Rate [+]20231.47chart2.122023Fertility Rate [+]
Crude marriage rate [+]20234.00‰
% risk of poverty [+]202411.4%chart21.7%2023% risk of poverty [+]
Population [+]202411,900,123chart4,515,5772024Population [+]
Immigrant stock [+]20202,005,479chart313,1652020Immigrant stock [+]
Emigrant stock [+]2020577,463chart139,5202020Emigrant stock [+]
HDI [+]20220.942chart0.8202022HDI [+]
Gender Gap Ranking [+]202412ºchart50º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart79.592023Life expectancy [+]
Suicides [+]20231,585chart2162015Suicides [+]
Suicide rate [+]202313.41chart5.442015Suicide rate [+]
Number of homicides [+]2021125chart5222023Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart11.712023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18chart3.292023CO2 Tons per capita [+]
Consumption GWh [+]202374,557chart11,7772023Consumption GWh [+]
Generation GWh [+]202377,357chart12,8722023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202534,339chart8,82912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20254,904,520chart1,045,65212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart3,178,70012/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,885.60chart1,955.2312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart9,201,27612/29/2023Doses administered [+]
Belgium
Panama