Belgium vs Saint Kitts and Nevis: Economic Indicators Comparison

Belgium with a GDP of $542.8B ranked the 24th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Belgium and Saint Kitts and Nevis ranked 20th vs 48th, respectively.

Gross Domestic Product & Income

StatBelgiumSaint Kitts and Nevis
GDP$542.8B$1B
GDP growth, 1 year1.4%2.92%
GDP growth, 5-years average1.5%N/A
Population11.4M55k
GDP per capita$48k$19k
GDP per capita growth1.04%2.15%
Purchasing Power Parity conversion factor0.781.72
Price level ratio of PPP conversion factor GDP to market exchange rate0.920.64
GDP per capita, PPP adjusted$48k$30k
GNI, Atlas method$524.4B$961.5M
GNI per capita$46k$18k
GNI, PPP adjusted$591B$1.5B
GNI per capita, PPP adjusted$52k$29k

Financial system and Human development

StatBelgiumSaint Kitts and Nevis
Income Tax Rate50%N/A
Corporate Tax Rate29%N/A
Inflation, consumer prices2.3%-1%
Inflation, GDP deflator1.5%-1.5%
Unemployment6.3%5.1%
Economic Freedom Index68.962
Personal Freedom Index9.066.2
Human Freedom Index8.286.2
Property Rights Index84.5N/A
Judical Effectiveness Index62.5N/A
Business Freedom Index75.2N/A
Fiscal Health Index77N/A
Labor Freedom Index61.1N/A
Investment Freedom Index85N/A
Financial Freedom Index70N/A
Trade Freedom Index86.4N/A
Monetary Freedom Index80.5N/A
Government Spending Index17.2N/A
Tax Burden Index46.7N/A
Government Integrity Index80.2N/A
Corruption Perceptions Index7560
Life expectancy at birth, years81.471.3
Suicide mortality rate, per 100,000 people20.71
Mortality caused by road traffic injury, per 100,000 people5.82
Intentional homicides, per 100,000 people1.734.2
International tourism, number of arrivals9.1M125k

Government debt & reserves

StatBelgiumSaint Kitts and Nevis
Central government debt, % of GDP101.4%59.9%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI12%N/A
Gross savings, % of GDP24.5%N/A
Gross capital formation, % of GDP25.5%N/A
Total reserves including gold$26.9B$363.2M
Foreign direct investment net inflows-$62.8B$93.6M

Exports, imports and economic structure

StatBelgiumSaint Kitts and Nevis
Exports of goods and services, % of GDP82.6%59.9%
Imports of goods and services, % of GDP82.7%58.8%
Current account balance (balance of payments)-$5.3B-$72.4M
Revenue excluding grants, % of GDP38.4%27.9%
Grants excluding technical cooperation, BoPN/A$15.6M
Personal remittances received$12.3B$25.9M
Industry including construction value added, % of GDP19.1%25.7%
Agriculture, forestry and fishing value added, % of GDP0.5%1.2%
Charges for the use of intellectual property, payments BoP$3.7B$1.8M
Charges for the use of intellectual property, receipts BoP$4.4B$100k
Expense, % of GDP39.6%24.3%
Government Expenditure, % of GDP52.5%N/A

Compare with countries close by GDP per capita

Belgium vs

CountryGDP
per capita
Population
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k

Saint Kitts and Nevis vs

CountryGDP
per capita
Population
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M