Country comparison Philippines vs Belgium

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Gouvernement
GDP Growth (%) [+]20245.7%chart1.1%2024GDP Growth (%) [+]
13,557K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€426,611Mchart€620,272M2024Annual GDP [+]
Annual GDP [+]2024$461,617Mchart$671,370M2024Annual GDP [+]
GDP per capita [+]2024€3,770chart€52,3402024GDP per capita [+]
GDP per capita [+]2024$4,079chart$56,2212024GDP per capita [+]
€161,101M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]2024241,579chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]2024261,402chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202456.63%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€2,135chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2024$2,310chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]2024-16,135chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-17,459chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-3.78%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2024106,414.8chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]2024115,146.7chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]202416,744.5chart35,238.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202418,118.5chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202515.20%chart12.02%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20238,739.6chart49,726,639,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20239,451.7chart53,823,119,520.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20238.77%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20245,649.5chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20246,113.1chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20245.44%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202424.94%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€940chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$1,017chart$30,4622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2024€148chart€3,0172022Education Expenditure P.C [+]
Education Expenditure P.C [+]2024$160chart$3,2102022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€76chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$82chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€50chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$54chart$7182024Defence Expenditure P.C. [+]
Moody's Rating [+]08/23/2024Baa2Aa310/11/2024Moody's Rating [+]
S&P Rating [+]11/25/2024BBB+AA11/25/2011S&P Rating [+]
Fitch Rating [+]05/07/2020BBBAA-04/03/2020Fitch Rating [+]
Corruption Index [+]202334chart732023Corruption Index [+]
Competitiveness Ranking [+]201964ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202475.1chart30.32024Fragile States Index [+]
RTI Raking [+]2024135ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202453ºchart24º2024Innovation Ranking [+]
Labour
6.4%December 2025Unemployment Rate [+]
Unemployment rate [+]2023Q13.0%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2023Q14,418Kchart351K2025Q3Unemployed [+]
NMW [+]2024$149.4chart$2,481.62026NMW [+]
NMW [+]2024€135.1chart€2,112.02026NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
Human Capital Ranking [+]201750ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Philippine Pesos [+]02/18/202668.7172
US Dollar exchange rate [+]02/18/202657.9550chart0.845602/17/2026US Dollar exchange rate [+]
3.14%02/18/202610-Year Bond Yield [+]
3902/18/2026Risk Premium [+]
Stock ExchangeYTD % [+]02/18/20265.43%chart11.98%02/17/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]January 20262.0%chart2.4%November 2025CPI (overall index) [+]
2.2%December 2025HICP [+]
-0.2%December 2025PPI Year on Year [+]
Money Market
Key rates [+]12/12/20254.50%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202095ºchart46º2020Doing Business [+]
0.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 2023282,507chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20233.74chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]202039.54chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202317.9%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/200712.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202035.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20222,654,000chart8,220,0002022Annual arrivals [+]
Exports [+]2023€67,999.0Mchart€503,249.9M2025Exports [+]
Exports [+]2023$73,527.4Mchart$568,662.3M2025Exports [+]
Exports % GDP [+]202316.83%chart82.60%2024Exports % GDP [+]
Imports [+]2023€123,745.4Mchart€476,599.4M2025Imports [+]
Imports [+]2023$133,805.9Mchart$538,547.8M2025Imports [+]
Imports % GDP [+]202330.62%chart78.36%2024Imports % GDP [+]
Trade balance [+]2023€-55,746.4Mchart€26,650.5M2025Trade balance [+]
Trade balance [+]2023$-60,061.0Mchart$30,114.5M2025Trade balance [+]
Trade balance % GDP [+]2023-13.80%chart4.24%2024Trade balance % GDP [+]
0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201550ºchart24º2015Global AgeWatch Ranking [+]
Density [+]2024377chart3872024Density [+]
Global Peace Ranking [+]2024104ºchart16º2024Global Peace Ranking [+]
1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]201732,807.8chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]20200.21%chart17.36%2020% Immigrant [+]
% Emigrant [+]20205.58%chart5.00%2020% Emigrant [+]
Birth Rate [+]202316.02‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]2017536.6chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]20236.24‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20231.92chart1.442024Fertility Rate [+]
4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202315.5%chart10.9%2025% risk of poverty [+]
Population [+]2024113,170,000chart11,883,4952024Population [+]
Immigrant stock [+]2020225,525chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]20206,094,307chart577,4632020Emigrant stock [+]
HDI [+]20220.710chart0.9422022HDI [+]
Gender Gap Ranking [+]202425ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202369.83chart82.602024Life expectancy [+]
Suicides [+]20153,400chart1,5852023Suicides [+]
Suicide rate [+]20153.37chart13.412023Suicide rate [+]
Number of homicides [+]20234,995chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20234.35chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20231.41chart7.182023CO2 Tons per capita [+]
Annual crude oil production [+]20241
Crude Oil Reserves [+]2021138.5
Consumption GWh [+]2023100,824chart74,5572023Consumption GWh [+]
Generation GWh [+]2023111,517chart77,3572023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/202666,864chart34,33901/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20264,140,383chart4,905,27101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]03/19/202378,443,970chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/2026590.83chart2,889.6401/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]03/19/2023189,317,150chart31,469,38802/11/2024Doses administered [+]
Philippines
Belgium