Country comparison Belgium vs Serbia

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Gouvernement
GDP Growth (%) [+]20241.1%chart3.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q313,538Kchart3,411K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€620,272Mchart€83,258M2024Annual GDP [+]
Annual GDP [+]2024$671,370Mchart$89,074M2024Annual GDP [+]
GDP per capita [+]2024€52,340chart€12,6402024GDP per capita [+]
GDP per capita [+]2024$56,221chart$13,5452024GDP per capita [+]
Quarterly GDP [+]2025Q3€161,101Mchart€22,401M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024644,398chart36,6152024Debt (M.€.) [+]
Debt ($M) [+]2024695,626chart39,6192024Debt ($M) [+]
Debt (%GDP) [+]2024103.90%chart44.48%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€54,151chart€5,5752024Debt Per Capita [+]
Debt Per Capita [+]2024$58,455chart$6,0322024Debt Per Capita [+]
Deficit (M.€) [+]2024-27,058chart-1,4432024Deficit (M.€) [+]
Deficit ($M) [+]2024-30,027chart-1,5622024Deficit ($M) [+]
Deficit (%GDP) [+]2024-4.40%chart-1.75%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024335,287.5chart35,126.52024Expenditure (M.€) [+]
Expenditure ($M) [+]2024361,996.9chart38,008.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202235,238.8chart2,559.82023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202237,255.9chart2,768.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202212.02%chart8.38%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202449,726,639,000.0chart3,958.92023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202453,823,119,520.8chart4,282.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202314.93%chart12.97%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20247,921.2chart2,160.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20248,573.8chart2,311.62024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20242.36%chart6.05%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202454.10%chart42.67%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€28,175chart€5,3482024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$30,420chart$5,7872024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€3,017chart€3862023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$3,210chart$4182023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€4,208chart€5962023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$4,555chart$6452023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€668chart€3282024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$718chart$3522024Defence Expenditure P.C. [+]
Moody's Rating [+]10/11/2024Aa3
S&P Rating [+]11/25/2011AABBB-10/04/2024S&P Rating [+]
Fitch Rating [+]04/03/2020AA-BB+03/27/2020Fitch Rating [+]
Corruption Index [+]202373chart362023Corruption Index [+]
Competitiveness Ranking [+]201922ºchart72º2019Competitiveness Ranking [+]
Fragile States Index [+]202430.3chart67.82024Fragile States Index [+]
RTI Raking [+]2024122ºchart3º2024RTI Raking [+]
Innovation Ranking [+]202424ºchart52º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20256.4%
Unemployment rate [+]2025Q36.4%chart8.2%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3351Kchart257K2025Q3Unemployed [+]
NMW [+]2025$2,394.8chart$700.92025NMW [+]
NMW [+]2025€2,112.0chart€617.72025NMW [+]
Average Wage [+]2024$65,853
Average Wage [+]2024€60,841
Human Capital Ranking [+]201715ºchart60º2017Human Capital Ranking [+]
Markets
117.409101/22/2026Euro / Serbian dinars [+]
US Dollar exchange rate [+]01/22/20260.8543chart100.444101/22/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]01/22/20263.31%
Risk Premium [+]01/22/202643
Stock ExchangeYTD % [+]01/22/20264.96%chart-1.32%01/22/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]November 20252.4%
HICP [+]December 20252.2%chart3.1%December 2025HICP [+]
PPI Year on Year [+]November 20250.4%chart1.7%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart5.75%09/12/2024Key rates [+]
Business
Doing Business [+]202046ºchart44º2020Doing Business [+]
IPI Year on Year [+]November 20250.5%chart-2.2%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024849,888chart25,514December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202236.75chart4.22December 2019Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]2023332,103chart4,4982022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021591.19chart353.732020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202444.5%chart38.4%2016Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200621.00%chart20.00%01/01/2012Standard VAT [+]
Top tax rate + SSC [+]202260.2%chart10.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]20228,220,000chart1,773,0002022Annual arrivals [+]
Exports [+]2024€512,373.7Mchart€28,944.2M2024Exports [+]
Exports [+]2024$554,583.1Mchart$31,328.6M2024Exports [+]
Exports % GDP [+]202482.60%chart34.76%2024Exports % GDP [+]
Imports [+]2024€486,057.3Mchart€38,102.7M2024Imports [+]
Imports [+]2024$526,098.7Mchart$41,241.6M2024Imports [+]
Imports % GDP [+]202478.36%chart45.76%2024Imports % GDP [+]
Trade balance [+]2024€26,316.4Mchart€-9,158.5M2024Trade balance [+]
Trade balance [+]2024$28,484.4Mchart$-9,913.0M2024Trade balance [+]
Trade balance % GDP [+]20244.24%chart-11.00%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 20250.6%chart8.4%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201524ºchart66º2015Global AgeWatch Ranking [+]
Density [+]2024388chart772024Density [+]
Global Peace Ranking [+]202416ºchart54º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.70‰chart1.50‰2023Crude divorce rate [+]
Remittance received ($M) [+]201710,273.0chart3,588.02017Remittance received ($M) [+]
% Immigrant [+]202017.36%chart11.98%2020% Immigrant [+]
% Emigrant [+]20205.00%chart14.61%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20176,021.6chart1,374.52017Remittance sent ($M) [+]
Crude death rate [+]20249.50‰chart14.90‰2024Crude death rate [+]
Fertility Rate [+]20231.47chart1.622023Fertility Rate [+]
Crude marriage rate [+]20234.00‰chart4.80‰2023Crude marriage rate [+]
% risk of poverty [+]202411.4%chart19.7%2024% risk of poverty [+]
Population [+]202411,900,123chart6,567,7832024Population [+]
Immigrant stock [+]20202,005,479chart823,0112020Immigrant stock [+]
Emigrant stock [+]2020577,463chart1,003,9622020Emigrant stock [+]
HDI [+]20220.942chart0.8052022HDI [+]
Gender Gap Ranking [+]202412ºchart26º2024Gender Gap Ranking [+]
Life expectancy [+]202482.60chart76.202023Life expectancy [+]
Suicides [+]20231,585chart6682023Suicides [+]
Suicide rate [+]202313.41chart10.112023Suicide rate [+]
Number of homicides [+]2021125chart892023Number of homicides [+]
Rate Homicides per 100.000 [+]20211.08chart1.312023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.18
122024Annual crude oil production [+]
77.52021Crude Oil Reserves [+]
Consumption GWh [+]202374,557chart30,8242023Consumption GWh [+]
Generation GWh [+]202377,357chart37,6612023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/202534,339chart18,05712/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20254,904,520chart2,568,00312/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]02/11/20249,170,945chart3,278,19806/23/2022Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20252,885.60chart2,749.3312/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]02/11/202431,469,388chart8,534,68806/23/2022Doses administered [+]
Belgium
Serbia