Andorra vs Belgium: Economic Indicators Comparison
Gross Domestic Product & Income
| Stat |  Andorra |  Belgium |
|---|---|---|
| GDP | $3.2B | $542.8B |
| GDP growth, 1 year | 1.63% | 1.4% |
| GDP growth, 5-years average | N/A | 1.5% |
| Population | 76k | 11.4M |
| GDP per capita | $42k | $48k |
| GDP per capita growth | 1.62% | 1.04% |
| Purchasing Power Parity conversion factor | N/A | 0.78 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | N/A | 0.92 |
| GDP per capita, PPP adjusted | $37k | $48k |
| GNI, Atlas method | N/A | $524.4B |
| GNI per capita | N/A | $46k |
| GNI, PPP adjusted | N/A | $591B |
| GNI per capita, PPP adjusted | N/A | $52k |
Financial system and Human development
| Stat | Andorra | Belgium |
|---|---|---|
| Income Tax Rate | N/A | 50% |
| Corporate Tax Rate | N/A | 29% |
| Inflation, consumer prices | N/A | 2.3% |
| Inflation, GDP deflator | 0.9% | 1.5% |
| Unemployment | N/A | 6.3% |
| Economic Freedom Index | 72 | 68.9 |
| Personal Freedom Index | 8.4 | 9.06 |
| Human Freedom Index | 8.4 | 8.28 |
| Property Rights Index | N/A | 84.5 |
| Judical Effectiveness Index | N/A | 62.5 |
| Business Freedom Index | N/A | 75.2 |
| Fiscal Health Index | N/A | 77 |
| Labor Freedom Index | N/A | 61.1 |
| Investment Freedom Index | N/A | 85 |
| Financial Freedom Index | N/A | 70 |
| Trade Freedom Index | N/A | 86.4 |
| Monetary Freedom Index | N/A | 80.5 |
| Government Spending Index | N/A | 17.2 |
| Tax Burden Index | N/A | 46.7 |
| Government Integrity Index | N/A | 80.2 |
| Corruption Perceptions Index | 84 | 75 |
| Life expectancy at birth, years | 83 | 81.4 |
| Suicide mortality rate, per 100,000 people | 0.5 | 20.7 |
| Mortality caused by road traffic injury, per 100,000 people | 7.6 | 5.8 |
| Intentional homicides, per 100,000 people | 0 | 1.7 |
| International tourism, number of arrivals | 3M | 9.1M |
Government debt & reserves
| Stat | Andorra | Belgium |
|---|---|---|
| Central government debt, % of GDP | N/A | 101.4% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | 12% |
| Gross savings, % of GDP | N/A | 24.5% |
| Gross capital formation, % of GDP | N/A | 25.5% |
| Total reserves including gold | N/A | $26.9B |
| Foreign direct investment net inflows | N/A | -$62.8B |
Exports, imports and economic structure
| Stat | Andorra | Belgium |
|---|---|---|
| Exports of goods and services, % of GDP | N/A | 82.6% |
| Imports of goods and services, % of GDP | N/A | 82.7% |
| Current account balance (balance of payments) | N/A | -$5.3B |
| Revenue excluding grants, % of GDP | N/A | 38.4% |
| Grants excluding technical cooperation, BoP | N/A | N/A |
| Personal remittances received | N/A | $12.3B |
| Industry including construction value added, % of GDP | 9.9% | 19.1% |
| Agriculture, forestry and fishing value added, % of GDP | 0.5% | 0.5% |
| Charges for the use of intellectual property, payments BoP | N/A | $3.7B |
| Charges for the use of intellectual property, receipts BoP | N/A | $4.4B |
| Expense, % of GDP | N/A | 39.6% |
| Government Expenditure, % of GDP | N/A | 52.5% |
