Country comparison Norway vs Belgium

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Gouvernement
GDP Growth (%) [+]20242.1%chart1.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q320,873Kchart13,557K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€446,866Mchart€620,272M2024Annual GDP [+]
Annual GDP [+]2024$483,593Mchart$671,370M2024Annual GDP [+]
GDP per capita [+]2024€80,200chart€52,3402024GDP per capita [+]
GDP per capita [+]2024$86,587chart$56,2212024GDP per capita [+]
Quarterly GDP [+]2025Q3€116,770Mchart€161,101M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2023197,049chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]2023213,124chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202344.13%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2023€35,503chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2023$38,399chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]202458,964chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]202463,822chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]202413.20%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024221,049.9chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]2024239,260.0chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202230,960.3chart35,238.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202232,392.9chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.47%chart12.02%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202437,248,508,861.0chart49,726,639,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202339,211.5chart53,823,119,520.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202317.37%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20249,345.0chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]202410,113.1chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20244.53%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202449.50%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€39,513chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$42,768chart$30,4622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,674chart€3,0172022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,942chart$3,2102022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,711chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$7,144chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,677chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$1,811chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]06/07/2024AaaAa310/11/2024Moody's Rating [+]
S&P Rating [+]07/09/1975AAAAA11/25/2011S&P Rating [+]
Fitch Rating [+]02/28/2020AAAAA-04/03/2020Fitch Rating [+]
Corruption Index [+]202384chart732023Corruption Index [+]
Competitiveness Ranking [+]201917ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202412.7chart30.32024Fragile States Index [+]
RTI Raking [+]202486ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202421ºchart24º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20254.3%chart6.4%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q34.6%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3141Kchart351K2025Q3Unemployed [+]
$2,481.62026NMW [+]
€2,112.02026NMW [+]
Average Wage [+]2024$71,085chart$65,8532024Average Wage [+]
Average Wage [+]2024€65,675chart€60,8412024Average Wage [+]
Human Capital Ranking [+]20171ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Norwegian krones [+]02/06/202611.4695
US Dollar exchange rate [+]02/06/20269.7249chart0.847902/06/2026US Dollar exchange rate [+]
10-Year Bond Yield [+]02/09/20264.21%chart3.27%02/09/202610-Year Bond Yield [+]
Risk Premium [+]02/09/2026135chart4102/09/2026Risk Premium [+]
Stock ExchangeYTD % [+]02/06/20268.98%chart9.47%02/06/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20234.8%chart2.4%November 2025CPI (overall index) [+]
HICP [+]December 20253.0%chart2.2%December 2025HICP [+]
PPI Year on Year [+]December 20251.0%chart-0.2%December 2025PPI Year on Year [+]
Money Market
Key rates [+]09/19/20254.00%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]20209ºchart46º2020Doing Business [+]
IPI Year on Year [+]December 20252.3%chart0.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2024252,252chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202238.26chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021634.33chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202440.6%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200625.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202247.4%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20224,979,400chart8,220,0002022Annual arrivals [+]
Exports [+]2024€154,449.8Mchart€512,373.7M2024Exports [+]
Exports [+]2024$167,173.4Mchart$554,583.1M2024Exports [+]
Exports % GDP [+]202434.56%chart82.60%2024Exports % GDP [+]
Imports [+]2024€91,038.5Mchart€486,057.3M2024Imports [+]
Imports [+]2024$98,538.3Mchart$526,098.7M2024Imports [+]
Imports % GDP [+]202420.37%chart78.36%2024Imports % GDP [+]
Trade balance [+]2024€63,411.3Mchart€26,316.4M2024Trade balance [+]
Trade balance [+]2024$68,635.1Mchart$28,484.4M2024Trade balance [+]
Trade balance % GDP [+]202414.19%chart4.24%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20253.3%chart0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]20152ºchart24º2015Global AgeWatch Ranking [+]
Density [+]20249chart3872024Density [+]
Global Peace Ranking [+]202428ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]2017614.1chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart17.36%2020% Immigrant [+]
% Emigrant [+]20203.55%chart5.00%2020% Emigrant [+]
Birth Rate [+]20249.70‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20247.90‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20231.40chart1.442024Fertility Rate [+]
Crude marriage rate [+]20203.30‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202411.6%chart10.9%2025% risk of poverty [+]
Population [+]20245,594,340chart11,883,4952024Population [+]
Immigrant stock [+]2020852,238chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]2020191,392chart577,4632020Emigrant stock [+]
HDI [+]20220.966chart0.9422022HDI [+]
Gender Gap Ranking [+]20243ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202483.30chart82.602024Life expectancy [+]
Suicides [+]2023728chart1,5852023Suicides [+]
Suicide rate [+]202313.12chart13.412023Suicide rate [+]
Number of homicides [+]202340chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.86chart7.182023CO2 Tons per capita [+]
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,324chart74,5572023Consumption GWh [+]
Generation GWh [+]2023152,095chart77,3572023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20265,732chart34,33901/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20261,549,525chart4,905,27101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/20234,061,312chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20261,024.61chart2,889.6401/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/202313,020,641chart31,469,38802/11/2024Doses administered [+]
Norway
Belgium