Country comparison Iceland vs Belgium

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Gouvernement
GDP Growth (%) [+]20251.3%chart1.0%2025GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q422,396Kchart13,638K2025Q4Qu. GDP Per Capita [+]
Annual GDP [+]2025€34,257Mchart€641,893M2025Annual GDP [+]
Annual GDP [+]2025$38,710Mchart$725,326M2025Annual GDP [+]
GDP per capita [+]2025€87,964chart€53,9202025GDP per capita [+]
GDP per capita [+]2025$99,397chart$61,0362025GDP per capita [+]
Quarterly GDP [+]2025Q4€8,722Mchart€162,072M2025Q4Quarterly GDP [+]
Debt (M.€.) [+]202318,027chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]202319,498chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202361.55%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€46,998chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2023$50,833chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,138chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,231chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.70%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202414,456.1chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202415,647.0chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,978.2chart35,228.42022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,139.4chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202314.83%chart12.01%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20242,318.3chart49,726.62024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,289.6chart53,823.12024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.06%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20190chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20190chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20200%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202447.10%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€37,120chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$40,178chart$30,4622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€5,211chart€3,0162022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$5,695chart$3,2092022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,044chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$5,908chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2019€0chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2019$0chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]09/20/2024A1Aa310/11/2024Moody's Rating [+]
S&P Rating [+]11/10/2023A+AA11/25/2011S&P Rating [+]
Fitch Rating [+]05/22/2020AAA-04/03/2020Fitch Rating [+]
Corruption Index [+]202372chart732023Corruption Index [+]
Competitiveness Ranking [+]201926ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202415.2chart30.32024Fragile States Index [+]
RTI Raking [+]2024115ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202422ºchart24º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]January 20265.3%chart6.4%January 2026Unemployment Rate [+]
Unemployment rate [+]2025Q23.6%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2025Q29Kchart351K2025Q3Unemployed [+]
NMW [+]2024$3,127.6chart$2,481.62026NMW [+]
NMW [+]2024€2,830.5chart€2,112.02026NMW [+]
Average Wage [+]2024$85,621chart$65,8532024Average Wage [+]
Average Wage [+]2024€79,104chart€60,8412024Average Wage [+]
Human Capital Ranking [+]201721ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Icelandic kronas [+]03/06/2026144.9000
US Dollar exchange rate [+]03/06/2026125.3400chart0.865003/06/2026US Dollar exchange rate [+]
3.32%03/06/202610-Year Bond Yield [+]
4503/06/2026Risk Premium [+]
Stock ExchangeYTD % [+]03/06/20261.53%chart3.07%03/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]February 20265.2%chart2.4%November 2025CPI (overall index) [+]
HICP [+]December 20254.0%chart2.2%December 2025HICP [+]
0.9%January 2026PPI Year on Year [+]
Money Market
Key rates [+]11/19/20257.25%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202026ºchart46º2020Doing Business [+]
0.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 202420,014chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202247.75chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021695.18chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202436.9%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201524.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202244.4%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021698,000chart8,220,0002022Annual arrivals [+]
Exports [+]2025€6,429.3Mchart€503,249.9M2025Exports [+]
Exports [+]2025$7,265.0Mchart$568,662.3M2025Exports [+]
Exports % GDP [+]202518.77%chart78.40%2025Exports % GDP [+]
Imports [+]2025€9,513.7Mchart€476,599.4M2025Imports [+]
Imports [+]2025$10,750.3Mchart$538,547.8M2025Imports [+]
Imports % GDP [+]202527.77%chart74.25%2025Imports % GDP [+]
Trade balance [+]2025€-3,084.3Mchart€26,650.6M2025Trade balance [+]
Trade balance [+]2025$-3,485.3Mchart$30,114.5M2025Trade balance [+]
Trade balance % GDP [+]2025-9.00%chart4.15%2025Trade balance % GDP [+]
0.5%January 2026Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20157ºchart24º2015Global AgeWatch Ranking [+]
Density [+]20244chart3872024Density [+]
Global Peace Ranking [+]20241ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.90‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017171.9chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202017.74%chart17.36%2020% Immigrant [+]
% Emigrant [+]202011.73%chart5.00%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017132.9chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20246.80‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20241.56chart1.442024Fertility Rate [+]
Crude marriage rate [+]20205.00‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]20208.8%chart10.9%2025% risk of poverty [+]
Population [+]2024389,444chart11,883,4952024Population [+]
Immigrant stock [+]202065,424chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]202043,251chart577,4632020Emigrant stock [+]
HDI [+]20220.959chart0.9422022HDI [+]
Gender Gap Ranking [+]20241ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202482.80chart82.402024Life expectancy [+]
Suicides [+]202448chart1,5852023Suicides [+]
Suicide rate [+]202412.33chart13.412023Suicide rate [+]
Number of homicides [+]20235chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20231.29chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20238.79chart7.182023CO2 Tons per capita [+]
Consumption GWh [+]202418,485chart79,0162024Consumption GWh [+]
Generation GWh [+]202419,057chart72,3752024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/2026186chart34,33902/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/2026211,230chart4,906,78902/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/2023297,934chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/2026477.60chart2,889.6402/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/2023903,424chart31,469,38802/11/2024Doses administered [+]
Iceland
Belgium