Country comparison Montenegro vs Belgium

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Gouvernement
GDP Growth (%) [+]20243.2%chart1.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,333Kchart13,557K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€7,645Mchart€620,272M2024Annual GDP [+]
Annual GDP [+]2024$8,272Mchart$671,370M2024Annual GDP [+]
GDP per capita [+]2024€12,260chart€52,3402024GDP per capita [+]
GDP per capita [+]2024$13,259chart$56,2212024GDP per capita [+]
Quarterly GDP [+]2025Q3€2,077Mchart€161,101M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]20244,645chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]20245,026chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202460.76%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€7,452chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2024$8,063chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]2024-215chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-233chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-2.81%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]20243,324.0chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]20243,596.6chart361,996.92024Expenditure ($M) [+]
35,238.82022Education Expenditure (M.€) [+]
37,255.92022Education Expenditure ($M) [+]
12.02%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2023466.2chart49,726,639,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2023504.1chart53,823,119,520.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202316.60%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024140.1chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024151.6chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.19%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202443.48%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,333chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,770chart$30,4622024Expenditure Per Capita [+]
€3,0172022Education Expenditure P.C [+]
$3,2102022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€736chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$796chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€225chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$243chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]09/27/2024Ba3Aa310/11/2024Moody's Rating [+]
S&P Rating [+]08/30/2024B+AA11/25/2011S&P Rating [+]
AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202346chart732023Corruption Index [+]
Competitiveness Ranking [+]201973ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202456.9chart30.32024Fragile States Index [+]
RTI Raking [+]202461ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202465ºchart24º2024Innovation Ranking [+]
Labour
6.4%December 2025Unemployment Rate [+]
Unemployment rate [+]2023Q412.2%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2023Q439Kchart351K2025Q3Unemployed [+]
NMW [+]2026$787.3chart$2,481.62026NMW [+]
NMW [+]2026€670.0chart€2,112.02026NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
15º2017Human Capital Ranking [+]
Markets
US Dollar exchange rate [+]02/09/20260.8413chart0.841302/09/2026US Dollar exchange rate [+]
3.26%02/09/202610-Year Bond Yield [+]
4202/09/2026Risk Premium [+]
Stock ExchangeYTD % [+]02/09/2026-0.69%chart10.64%02/09/2026Stock ExchangeYTD % [+]
Prices
2.4%November 2025CPI (overall index) [+]
HICP [+]December 20253.7%chart2.2%December 2025HICP [+]
PPI Year on Year [+]December 20250.5%chart-0.2%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202050ºchart46º2020Doing Business [+]
IPI Year on Year [+]November 2025-17.6%chart0.5%November 2025IPI Year on Year [+]
849,888December 2024Passengers vehicles Year [+]
36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
591.192021Vehicles / 1,000 people [+]
Taxes
44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201921.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]20209.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,036,000chart8,220,0002022Annual arrivals [+]
Exports [+]2024€614.9Mchart€512,373.7M2024Exports [+]
Exports [+]2024$665.6Mchart$554,583.1M2024Exports [+]
Exports % GDP [+]20248.04%chart82.60%2024Exports % GDP [+]
Imports [+]2024€4,068.0Mchart€486,057.3M2024Imports [+]
Imports [+]2024$4,403.1Mchart$526,098.7M2024Imports [+]
Imports % GDP [+]202453.21%chart78.36%2024Imports % GDP [+]
Trade balance [+]2024€-3,453.1Mchart€26,316.4M2024Trade balance [+]
Trade balance [+]2024$-3,737.6Mchart$28,484.4M2024Trade balance [+]
Trade balance % GDP [+]2024-45.17%chart4.24%2024Trade balance % GDP [+]
Retail Sales YoY [+]November 2025-2.1%chart0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201568ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202445chart3872024Density [+]
Global Peace Ranking [+]202435ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20211.20‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017426.3chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202011.44%chart17.36%2020% Immigrant [+]
% Emigrant [+]202021.42%chart5.00%2020% Emigrant [+]
Birth Rate [+]202411.20‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]201775.6chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]202410.20‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20231.76chart1.442024Fertility Rate [+]
Crude marriage rate [+]20215.20‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202220.3%chart10.9%2025% risk of poverty [+]
Population [+]2024623,327chart11,883,4952024Population [+]
Immigrant stock [+]202070,999chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020132,965chart577,4632020Emigrant stock [+]
HDI [+]20220.844chart0.9422022HDI [+]
Gender Gap Ranking [+]202467ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202377.60chart82.602024Life expectancy [+]
Suicides [+]201569chart1,5852023Suicides [+]
Suicide rate [+]201511.07chart13.412023Suicide rate [+]
Number of homicides [+]20235chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20230.79chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
7.182023CO2 Tons per capita [+]
Consumption GWh [+]20232,719chart74,5572023Consumption GWh [+]
Generation GWh [+]20234,187chart77,3572023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20262,654chart34,33901/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026251,280chart4,905,27101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]08/26/2022284,869chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,257.80chart2,889.6401/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]08/26/2022679,171chart31,469,38802/11/2024Doses administered [+]
Montenegro
Belgium