Belgium vs Nauru: Economic Indicators Comparison

Belgium with a GDP of $542.8B ranked the 24th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Belgium and Nauru ranked 20th vs 74th, respectively.

Gross Domestic Product & Income

Stat	Belgium	Nauru
GDP	$542.8B	$125.6M
GDP growth, 1 year	1.4%	5.7%
GDP growth, 5-years average	1.5%	N/A
Population	11.4M	14k
GDP per capita	$48k	$9.9k
GDP per capita growth	1.04%	7.13%
Purchasing Power Parity conversion factor	0.78	0.77
Price level ratio of PPP conversion factor GDP to market exchange rate	0.92	0.6
GDP per capita, PPP adjusted	$48k	$17k
GNI, Atlas method	$524.4B	$153.2M
GNI per capita	$46k	$12k
GNI, PPP adjusted	$591B	$266.1M
GNI per capita, PPP adjusted	$52k	$21k

Financial system and Human development

Stat	Belgium	Nauru
Income Tax Rate	50%	N/A
Corporate Tax Rate	29%	N/A
Inflation, consumer prices	2.3%	N/A
Inflation, GDP deflator	1.5%	1.5%
Unemployment	6.3%	13.3%
Economic Freedom Index	68.9	60
Personal Freedom Index	9.06	6.3
Human Freedom Index	8.28	6.2
Property Rights Index	84.5	N/A
Judical Effectiveness Index	62.5	N/A
Business Freedom Index	75.2	N/A
Fiscal Health Index	77	N/A
Labor Freedom Index	61.1	N/A
Investment Freedom Index	85	N/A
Financial Freedom Index	70	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	80.5	N/A
Government Spending Index	17.2	N/A
Tax Burden Index	46.7	N/A
Government Integrity Index	80.2	N/A
Corruption Perceptions Index	75	56
Life expectancy at birth, years	81.4	59.7
Suicide mortality rate, per 100,000 people	20.7	0.2
Mortality caused by road traffic injury, per 100,000 people	5.8	1
Intentional homicides, per 100,000 people	1.7	0
International tourism, number of arrivals	9.1M	N/A

Government debt & reserves

Stat	Belgium	Nauru
Central government debt, % of GDP	101.4%	N/A
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	12%	N/A
Gross savings, % of GDP	24.5%	N/A
Gross capital formation, % of GDP	25.5%	N/A
Total reserves including gold	$26.9B	N/A
Foreign direct investment net inflows	-$62.8B	$0

Exports, imports and economic structure

Stat	Belgium	Nauru
Exports of goods and services, % of GDP	82.6%	48.8%
Imports of goods and services, % of GDP	82.7%	101.7%
Current account balance (balance of payments)	-$5.3B	$8.4M
Revenue excluding grants, % of GDP	38.4%	96.8%
Grants excluding technical cooperation, BoP	N/A	$23.7M
Personal remittances received	$12.3B	$6.5M
Industry including construction value added, % of GDP	19.1%	5.5%
Agriculture, forestry and fishing value added, % of GDP	0.5%	3.6%
Charges for the use of intellectual property, payments BoP	$3.7B	N/A
Charges for the use of intellectual property, receipts BoP	$4.4B	N/A
Expense, % of GDP	39.6%	85%
Government Expenditure, % of GDP	52.5%	N/A