Country comparison Serbia vs Belgium

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Gouvernement
GDP Growth (%) [+]20243.9%chart1.1%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q33,411Kchart13,557K2025Q3Qu. GDP Per Capita [+]
Annual GDP [+]2024€83,258Mchart€620,272M2024Annual GDP [+]
Annual GDP [+]2024$89,074Mchart$671,370M2024Annual GDP [+]
GDP per capita [+]2024€12,640chart€52,3402024GDP per capita [+]
GDP per capita [+]2024$13,545chart$56,2212024GDP per capita [+]
Quarterly GDP [+]2025Q3€22,401Mchart€161,101M2025Q3Quarterly GDP [+]
Debt (M.€.) [+]202436,615chart644,3982024Debt (M.€.) [+]
Debt ($M) [+]202439,619chart695,6262024Debt ($M) [+]
Debt (%GDP) [+]202444.48%chart103.90%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€5,575chart€54,2262024Debt Per Capita [+]
Debt Per Capita [+]2024$6,032chart$58,5372024Debt Per Capita [+]
Deficit (M.€) [+]2024-1,443chart-27,0582024Deficit (M.€) [+]
Deficit ($M) [+]2024-1,562chart-30,0272024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.75%chart-4.40%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202435,126.5chart335,287.52024Expenditure (M.€) [+]
Expenditure ($M) [+]202438,008.9chart361,996.92024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20232,559.8chart35,238.82022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20232,768.7chart37,255.92022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20238.38%chart12.02%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20233,958.9chart49,726,639,000.02024Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20234,282.0chart53,823,119,520.82024Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202312.97%chart14.93%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20242,160.7chart7,921.22024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20242,311.6chart8,573.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20246.05%chart2.36%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202442.67%chart54.10%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€5,348chart€28,2152024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$5,787chart$30,4622024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€386chart€3,0172022Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$418chart$3,2102022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€596chart€4,2082024Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$645chart$4,5552024Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€328chart€6682024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$352chart$7182024Defence Expenditure P.C. [+]
Aa310/11/2024Moody's Rating [+]
S&P Rating [+]10/04/2024BBB-AA11/25/2011S&P Rating [+]
Fitch Rating [+]03/27/2020BB+AA-04/03/2020Fitch Rating [+]
Corruption Index [+]202336chart732023Corruption Index [+]
Competitiveness Ranking [+]201972ºchart22º2019Competitiveness Ranking [+]
Fragile States Index [+]202467.8chart30.32024Fragile States Index [+]
RTI Raking [+]20243ºchart122º2024RTI Raking [+]
Innovation Ranking [+]202452ºchart24º2024Innovation Ranking [+]
Labour
6.4%December 2025Unemployment Rate [+]
Unemployment rate [+]2025Q38.2%chart6.4%2025Q3Unemployment rate [+]
Unemployed [+]2025Q3257Kchart351K2025Q3Unemployed [+]
NMW [+]2026$875.8chart$2,481.62026NMW [+]
NMW [+]2026€744.0chart€2,112.02026NMW [+]
$65,8532024Average Wage [+]
€60,8412024Average Wage [+]
Human Capital Ranking [+]201760ºchart15º2017Human Capital Ranking [+]
Markets
Euro / Serbian dinars [+]02/12/2026117.3710
US Dollar exchange rate [+]02/12/202698.8970chart0.842202/12/2026US Dollar exchange rate [+]
3.18%02/12/202610-Year Bond Yield [+]
4102/12/2026Risk Premium [+]
Stock ExchangeYTD % [+]02/12/2026-1.21%chart11.62%02/12/2026Stock ExchangeYTD % [+]
Prices
2.4%November 2025CPI (overall index) [+]
HICP [+]December 20253.1%chart2.2%December 2025HICP [+]
PPI Year on Year [+]December 20251.7%chart-0.2%December 2025PPI Year on Year [+]
Money Market
Key rates [+]09/12/20245.75%chart2.15%06/11/2025Key rates [+]
Business
Doing Business [+]202044ºchart46º2020Doing Business [+]
IPI Year on Year [+]December 2025-8.2%chart0.5%November 2025IPI Year on Year [+]
Passengers vehicles Year [+]December 201925,514chart849,888December 2024Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 20194.22chart36.75December 2022Annual Vehicles/ 1,000 p. [+]
Motor vehicle production [+]20224,498chart332,1032023Motor vehicle production [+]
Vehicles / 1,000 people [+]2020353.73chart591.192021Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]201638.4%chart44.5%2024Tax Revenue (%GDP) [+]
Standard VAT [+]01/01/201220.00%chart21.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202010.0%chart60.2%2022Top tax rate + SSC [+]
Trade
Annual arrivals [+]20221,773,000chart8,220,0002022Annual arrivals [+]
Exports [+]2024€28,944.2Mchart€512,373.7M2024Exports [+]
Exports [+]2024$31,328.6Mchart$554,583.1M2024Exports [+]
Exports % GDP [+]202434.76%chart82.60%2024Exports % GDP [+]
Imports [+]2024€38,102.7Mchart€486,057.3M2024Imports [+]
Imports [+]2024$41,241.6Mchart$526,098.7M2024Imports [+]
Imports % GDP [+]202445.76%chart78.36%2024Imports % GDP [+]
Trade balance [+]2024€-9,158.5Mchart€26,316.4M2024Trade balance [+]
Trade balance [+]2024$-9,913.0Mchart$28,484.4M2024Trade balance [+]
Trade balance % GDP [+]2024-11.00%chart4.24%2024Trade balance % GDP [+]
Retail Sales YoY [+]December 20258.7%chart0%December 2025Retail Sales YoY [+]
Socio-Demography
Global AgeWatch Ranking [+]201566ºchart24º2015Global AgeWatch Ranking [+]
Density [+]202477chart3872024Density [+]
Global Peace Ranking [+]202454ºchart16º2024Global Peace Ranking [+]
Crude divorce rate [+]20231.50‰chart1.70‰2023Crude divorce rate [+]
Remittance received ($M) [+]20173,588.0chart10,273.02017Remittance received ($M) [+]
% Immigrant [+]202011.98%chart17.36%2020% Immigrant [+]
% Emigrant [+]202014.61%chart5.00%2020% Emigrant [+]
Birth Rate [+]20249.20‰chart9.20‰2024Birth Rate [+]
Remittance sent ($M) [+]20171,374.5chart6,021.62017Remittance sent ($M) [+]
Crude death rate [+]202414.90‰chart9.50‰2024Crude death rate [+]
Fertility Rate [+]20241.64chart1.442024Fertility Rate [+]
Crude marriage rate [+]20234.80‰chart4.00‰2023Crude marriage rate [+]
% risk of poverty [+]202419.7%chart10.9%2025% risk of poverty [+]
Population [+]20246,567,783chart11,883,4952024Population [+]
Immigrant stock [+]2020823,011chart2,005,4792020Immigrant stock [+]
Emigrant stock [+]20201,003,962chart577,4632020Emigrant stock [+]
HDI [+]20220.805chart0.9422022HDI [+]
Gender Gap Ranking [+]202426ºchart12º2024Gender Gap Ranking [+]
Life expectancy [+]202376.20chart82.602024Life expectancy [+]
Suicides [+]2023668chart1,5852023Suicides [+]
Suicide rate [+]202310.11chart13.412023Suicide rate [+]
Number of homicides [+]202389chart1252021Number of homicides [+]
Rate Homicides per 100.000 [+]20231.31chart1.082021Rate Homicides per 100.000 [+]
Energy and Environment
7.182023CO2 Tons per capita [+]
Annual crude oil production [+]202412
Crude Oil Reserves [+]202177.5
Consumption GWh [+]202330,824chart74,5572023Consumption GWh [+]
Generation GWh [+]202337,661chart77,3572023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/202618,057chart34,33901/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/20262,568,003chart4,905,27101/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]06/23/20223,278,198chart9,170,94502/11/2024Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20262,749.33chart2,889.6401/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]06/23/20228,534,688chart31,469,38802/11/2024Doses administered [+]
Serbia
Belgium