Unemployment

4.1%

-0.1

Unemployment

3.0%

0.1

Unemployment

3.5%

0

Unemployment

7.5%

0

Unemployment

11.3%

-0.1

Unemployment

6.2%

-0.2

CPI

0.8%

-0.3

Rate

10.25%

-0.50

  1. Countries data: Demographic and economy

Country comparison Luxembourg vs Belgium

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Gouvernement
Qu. GDP Per Capita [+]2024Q230,768Kchart12,760K2024Q2Qu. GDP Per Capita [+]
Annual GDP [+]2023€79,310Mchart€584,699M2023Annual GDP [+]
Annual GDP [+]2023$85,755Mchart$632,217M2023Annual GDP [+]
GDP per capita [+]2023€118,770chart€49,7202023GDP per capita [+]
GDP per capita [+]2023$127,602chart$53,4332023GDP per capita [+]
Quarterly GDP [+]2024Q2€20,678Mchart€150,981M2024Q2Quarterly GDP [+]
Debt (M.€.) [+]202320,359chart614,9332023Debt (M.€.) [+]
Debt ($M) [+]202322,014chart664,9272023Debt ($M) [+]
Debt (%GDP) [+]202325.70%chart105.20%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€30,293chart€51,9722023Debt Per Capita [+]
Debt Per Capita [+]2023$32,756chart$56,1972023Debt Per Capita [+]
Deficit (M.€) [+]2023-993chart-25,9652023Deficit (M.€) [+]
Deficit ($M) [+]2023-1,074chart-28,0762023Deficit ($M) [+]
Deficit (%GDP) [+]2023-1.30%chart-4.40%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]202338,144.8chart319,140.52023Expenditure (M.€) [+]
Expenditure ($M) [+]202341,246.0chart345,086.62023Expenditure ($M) [+]
Education Expenditure (M.€) [+]20223,646.2chart31,550.62021Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20223,839.6chart37,316.22021Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202210.74%chart11.32%2021Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,941,302,000.0chart44,790,723,000.02022Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,261,729,852.6chart47,164,631,319.02022Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202210.95%chart15.46%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2022543.0chart6,538.32022Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2022571.8chart6,885.12022Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20221.60%chart2.23%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202348.10%chart54.60%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€56,759chart€26,9732023Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$61,373chart$29,1652023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,564chart€2,7232021Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,954chart$3,2202021Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€5,891chart€3,8482022Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$6,370chart$4,0522022Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€829chart€5602022Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$887chart$5882022Defence Expenditure P.C. [+]
Moody's Rating [+]03/17/2023AaaAa304/28/2023Moody's Rating [+]
S&P Rating [+]04/28/1994AAAAA11/25/2011S&P Rating [+]
Fitch Rating [+]03/06/2020AAAAA-04/03/2020Fitch Rating [+]
Corruption Index [+]202277chart732022Corruption Index [+]
Competitiveness Ranking [+]201918ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]201820.8chart29.72018Fragile States Index [+]
RTI Raking [+]2022115ºchart120º2022RTI Raking [+]
Innovation Ranking [+]201815ºchart25º2018Innovation Ranking [+]
Labour
Unemployment Rate [+]August 20245.9%chart5.4%August 2024Unemployment Rate [+]
Unemployment rate [+]2024Q26.3%chart5.3%2024Q2Unemployment rate [+]
Unemployed [+]2024Q222Kchart284K2024Q2Unemployed [+]
NMW [+]2024$2,790.0chart$2,246.92024NMW [+]
NMW [+]2024€2,570.9chart€2,070.52024NMW [+]
Average Wage [+]2023$79,387chart$64,1052023Average Wage [+]
Average Wage [+]2023€73,418chart€59,2852023Average Wage [+]
Human Capital Ranking [+]201730ºchart15º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]10/04/20240.9067chart0.906710/04/2024US Dollar exchange rate [+]
2.83%10/04/202410-Year Bond Yield [+]
6210/04/2024Risk Premium [+]
Stock ExchangeYTD % [+]10/03/2024-7.28%chart15.73%10/04/2024Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]August 20241.7%chart3.1%September 2024CPI (overall index) [+]
HICP [+]September 20240.8%chart4.5%September 2024HICP [+]
PPI Year on Year [+]April 202418.0%chart-2.6%April 2024PPI Year on Year [+]
Money Market
Key rates [+]09/18/20243.65%chart3.65%09/18/2024Key rates [+]
Business
Doing Business [+]202072ºchart46º2020Doing Business [+]
IPI Year on Year [+]April 2024-5.9%chart3.0%April 2024IPI Year on Year [+]
Passengers vehicles Year [+]December 202242,094chart366,333December 2022Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202271.86chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
276,5542022Motor vehicle production [+]
Vehicles / 1,000 people [+]2021775.27chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202342.2%chart44.8%2022Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201517.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202247.2%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20191,041,117chart9,343,3242019Annual arrivals [+]
Exports [+]2023€15,843.2Mchart€522,482.2M2023Exports [+]
Exports [+]2023$17,147.9Mchart$562,439.0M2023Exports [+]
Exports % GDP [+]202319.98%chart89.36%2023Exports % GDP [+]
Imports [+]2023€24,181.4Mchart€506,969.1M2023Imports [+]
Imports [+]2023$25,535.2Mchart$546,764.8M2023Imports [+]
Imports % GDP [+]202330.49%chart86.71%2023Imports % GDP [+]
Trade balance [+]2023€-8,338.2Mchart€15,513.1M2023Trade balance [+]
Trade balance [+]2023$-8,387.3Mchart$15,674.2M2023Trade balance [+]
Trade balance % GDP [+]2023-10.51%chart2.65%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20236.5%chart-6.2%December 2023Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201519ºchart24º2015Global AgeWatch Ranking [+]
Density [+]2023259chart3882023Density [+]
Global Peace Ranking [+]2023-1ºchart20º2023Global Peace Ranking [+]
Crude divorce rate [+]20221.90‰chart1.70‰2022Crude divorce rate [+]
Remittance received ($M) [+]20171,746.1chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202046.96%chart17.36%2020% Immigrant [+]
% Emigrant [+]202012.88%chart5.00%2020% Emigrant [+]
Birth Rate [+]20239.50‰chart9.40‰2023Birth Rate [+]
Remittance sent ($M) [+]20171,321.5chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20236.60‰chart9.40‰2023Crude death rate [+]
Fertility Rate [+]20221.31chart1.532022Fertility Rate [+]
Crude marriage rate [+]20223.80‰chart4.20‰2022Crude marriage rate [+]
% risk of poverty [+]202318.8%chart12.3%2023% risk of poverty [+]
Population [+]2023672,050chart11,832,0492023Population [+]
Immigrant stock [+]2020298,062chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]202081,757chart577,4632020Emigrant stock [+]
HDI [+]20210.930chart0.9372021HDI [+]
Gender Gap Ranking [+]202344ºchart10º2023Gender Gap Ranking [+]
Life expectancy [+]202383.40chart82.502023Life expectancy [+]
Suicides [+]202253chart1,6742021Suicides [+]
Suicide rate [+]20228.70chart14.282021Suicide rate [+]
Number of homicides [+]202210chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20221.54chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]202212.26chart7.722022CO2 Tons per capita [+]
Consumption GWh [+]20226,122chart79,9722022Consumption GWh [+]
Generation GWh [+]2022763chart90,8932022Generation GWh [+]
Others
COVID-19 - Deaths [+]08/04/20241,000chart34,33908/04/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]08/04/2024393,542chart4,872,82908/04/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]06/11/2023462,702chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]08/04/20241,487.98chart2,902.2008/04/2024COVID-19 - Deaths per million population [+]
Doses administered [+]03/25/20231,374,547chart31,469,38702/11/2024Doses administered [+]
Luxembourg
Belgium