Country comparison Nigeria vs Belgium

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Gouvernement
GDP Growth (%) [+]20244.1%chart1.1%2024GDP Growth (%) [+]
13,538K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€232,991Mchart€620,272M2024Annual GDP [+]
Annual GDP [+]2024$252,109Mchart$671,370M2024Annual GDP [+]
GDP per capita [+]2024€1,001chart€52,3402024GDP per capita [+]
GDP per capita [+]2024$1,084chart$56,2212024GDP per capita [+]
€161,101M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202491,642chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]202499,162chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202439.33%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€394chart€54,1512024Debt Per Capita [+]
Debt Per Capita [+]2024$426chart$58,4552024Debt Per Capita [+]
Deficit (M.€) [+]2024-3,651chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-3,951chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.57%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202428,710.2chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202431,066.0chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20231,437.7chart35,238.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20231,555.0chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20242.98%chart12.02%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20232,018.4chart49,726,639,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20232,183.4chart53,823,119,520.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20234.31%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,294.1chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,400.3chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20243.07%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202412.32%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€123chart€28,1752024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$134chart$30,4202024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€6chart€3,0172022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$7chart$3,2102022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€9chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$10chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€6chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$6chart$7182024Defence Expenditure P.C. [+]
Aa310/11/2024Moody's Rating [+]
S&P Rating [+]11/14/2025B-AA11/25/2011S&P Rating [+]
Fitch Rating [+]11/11/2022B-AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202325chart732023Corruption Index [+]
Competitiveness Ranking [+]2019116ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202496.6chart30.32024Fragile States Index [+]
RTI Raking [+]202464ºchart122º2024RTI Raking [+]
Innovation Ranking [+]2024113ºchart24º2024Innovation Ranking [+]
Labour
6.4%November 2025Unemployment Rate [+]
Unemployment rate [+]2024Q23.1%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2024Q23,018Kchart351K2025Q3Unemployed [+]
NMW [+]2024$72.3chart$2,394.82025NMW [+]
NMW [+]2024€65.4chart€2,112.02025NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
Human Capital Ranking [+]2017114ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Nairas [+]01/23/20261,668.9710
US Dollar exchange rate [+]01/23/20261,421.1265chart0.854301/22/2026US Dollar exchange rate [+]
3.31%01/23/202610-Year Bond Yield [+]
4101/23/2026Risk Premium [+]
4.69%01/23/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 2025-94.7%chart2.4%November 2025CPI (overall index) [+]
2.2%December 2025HICP [+]
0.4%November 2025PPI Year on Year [+]
Money Market
Key rates [+]09/24/202527.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]2019146ºchart46º2020Doing Business [+]
0.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 20195,100chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20190.05chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]202054.23chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]20227.9%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/20207.50%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202024.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]2022528,000chart8,220,0002022Annual arrivals [+]
Exports [+]2023€51,032.9Mchart€512,373.7M2024Exports [+]
Exports [+]2023$55,181.8Mchart$554,583.1M2024Exports [+]
Exports % GDP [+]202311.33%chart82.60%2024Exports % GDP [+]
Imports [+]2023€45,711.3Mchart€486,057.3M2024Imports [+]
Imports [+]2023$49,427.7Mchart$526,098.7M2024Imports [+]
Imports % GDP [+]202310.14%chart78.36%2024Imports % GDP [+]
Trade balance [+]2023€5,321.5Mchart€26,316.4M2024Trade balance [+]
Trade balance [+]2023$11,943.9Mchart$28,484.4M2024Trade balance [+]
Trade balance % GDP [+]20231.18%chart4.24%2024Trade balance % GDP [+]
0.6%November 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201586ºchart24º2015Global AgeWatch Ranking [+]
Density [+]2024252chart3882024Density [+]
Global Peace Ranking [+]2024147ºchart16º2024Global Peace Ranking [+]
1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]201721,967.2chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]20200.61%chart17.36%2020% Immigrant [+]
% Emigrant [+]20200.78%chart5.00%2020% Emigrant [+]
Birth Rate [+]202332.95‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,143.7chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]202311.74‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20234.48chart1.472023Fertility Rate [+]
4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202356.2%chart11.4%2024% risk of poverty [+]
Population [+]2024232,679,478chart11,900,1232024Population [+]
Immigrant stock [+]20201,308,568chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]20201,670,455chart577,4632020Emigrant stock [+]
HDI [+]20220.548chart0.9422022HDI [+]
Gender Gap Ranking [+]2024125ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202354.46chart82.602024Life expectancy [+]
Suicides [+]201518,095chart1,5852023Suicides [+]
Suicide rate [+]20159.49chart13.412023Suicide rate [+]
Number of homicides [+]202335,884chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]202315.75chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.58chart7.182023CO2 Tons per capita [+]
Annual crude oil production [+]20241,489
Crude Oil Reserves [+]202136,890.0
Consumption GWh [+]202334,218chart74,5572023Consumption GWh [+]
Generation GWh [+]202342,509chart77,3572023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20253,155chart34,33912/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025267,229chart4,904,52012/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]11/05/202381,297,810chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/202513.56chart2,885.6012/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]11/05/2023133,048,024chart31,469,38802/11/2024Doses administered [+]
Nigeria
Belgium