Published: Monday, 21th October 2024
The Standard of living in Belgium is 1.96 times better as compared to Tonga.
In this page, you will find side-by-side Standard of Living comparison between Belgium and Tonga. We have created 53 standard-of-living indicators. We average the values and ranges of all those indicators and take a mathematically calculated approach to determine which country has a better standard of living between Belgium and Tonga.
Indicators | Belgium | Tonga |
---|---|---|
Gross Domestic Product (GDP)(2023) | $655.192 billion USD | $493 million USD |
GDP Per Capita (2023) | 55,536 USD | 4,888 USD |
GINI Ratio (2023) | 0.25 | 0.38 |
Inflation on Consumer Prices (2023) | 4.05 % annually | 6.35 % annually |
Central Government Debt (2023) | 94 % of GDP | 45 % of GDP |
Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced within a country in a specific time period, usually a year. It is used to gauge the economic performance of a country and indicates how wealthy and productive a nation is. In simple terms, GDP tells us how much a country is producing and how well its economy is doing.
As per the statistics from the World Bank Data for the year 2023, the total GDP of Belgium is $655.192 billion USD and that of Tonga is $493 million USD.
On the other hand, Gross Domestic Product (GDP) Per Capita is the average economic output per person in a country. Simply put, it shows how much, on average, each person contributes to the economy, giving an idea of the standard of living and economic well-being of the people in that country.
From the above data, we can say that a person living and working in Belgium contributes more to the country's economy compared to a person working in Tonga.
Indicators | Belgium | Tonga |
---|---|---|
Human Development Index (HDI) (2024) | 0.942 | 0.739 |
Human Capital Index (HCI) (2024) | 0.76 | 0.53 |
Literacy Rate (2023) | 99% (15 years+ above age) | 99.4% (15 years+ above age) |
Life Expectancy Ratio (2023) | 81.5 years | 72.7 years |
Healthy Life Expectancy Ratio (2023) | 69.8 years | 63.8 years |
Poverty Ratio (2023) | 12.3% of total Population | 20.6% of total Population |
Unemployment Rate (2023) | 5.51% of total labor force | 2.3% of total labor force |
The Human Development Index (HDI) is a measure used to assess the overall well-being and quality of life of people living in a country. The key dimensions that give a country good HDI rank are a long and healthy life, being knowledgeable and having a decent standard of living.
From the above given statistics, we can see that the HDI of Belgium is [ 0.942 ] and the HDI of Tonga is [ 0.739 ].
The data shows that the people living in Belgium has better income, life expectancy and education level compared to Tonga.
Indicators | Belgium | Tonga |
---|---|---|
Gross National Expenditure (2023) | 100.93 % of GDP | 161.71 % of GDP |
Total Health Expenditure (2023) | 11.04 % of GDP | 6.27 % of GDP |
Research and Development Expenditure (2023) | 3.43 % of GDP | Yet to Update |
Government Expenditure on Education (2023) | 6.21 % of GDP | 5.65 % of GDP |
International Tourism Expenditure (2023) | 13,928 million USD | 38 million USD |
Number of International Tourists Arrivals (2023) | 2,584,000 | 94,000 |
Military Expenditure (2023) | 1.18 % of GDP | Yet to Update |
The total Gross National Expenditure of Belgium is 100.93% of its GDP and the total Gross National Expenditure of Tonga is 161.71% of its GDP.
From the above data, we can say that Belgium spends 1.60 times less of its GDP on Gross National Expenditure compared to Tonga.
Indicators | Belgium | Tonga |
---|---|---|
Number of Doctors (2023) | 32.4 (Per 10,000 People) | 10.1 (Per 10,000 People) |
Number of Nurses (2023) | 205 (Per 10,000 People) | 41.8 (Per 10,000 People) |
Number of Pharmacists (2023) | 13.07 (Per 10,000 People) | 0.76 (Per 10,000 People) |
Available Hospital Beds (2023) | 5.58 (Per 1000 People) | 2.6 (Per 1000 People) |
Pregnant Women Receiving Prenatal Care (2023) | Yet to Update | 97.7 % of total Population |
Belgium has 3.21 times more Doctors compared to Tonga (Per 10,000 People).
Belgium has 4.90 times more Nurses compared to Tonga (Per 10,000 People).
Indicators | Belgium | Tonga |
---|---|---|
Agricultural Land (2023) | 13,656.7 Sq Km | 350 Sq Km |
Forest Area (2023) | 6,893 Sq Km | 89.5 Sq Km |
CO2 Emissions (2023) | 0.13 kg per PPP $ of GDP | 0.17 kg per PPP $ of GDP |
Access to Electricity (2023) | 100 % of total Population | 100 % of total Population |
Access to Internet (2023) | 94.01 % of total Population | 71.59 % of total Population |
Annual Fresh Water Withdrawals (2023) | 4.2 Billion cubic meters | Yet to Update |
100% of the total Population of Belgium has access to the electricity in their homes, whereas, in case of Tonga, 100% of the total Population has access to electricity.
Indicators | Belgium | Tonga |
---|---|---|
Time Required to Start a Business (2023) | 5 Days | 16 Days |
New Businesses Registered (2023) | 47,171 (New Businesses) | 31 (New Businesses) |
New Businesses Registration Density (2023) | 6.34 (Per 1000 People) | 0.49 (Per 1000 People) |
Cost of Business Start-Up Procedures (2023) | 5.3 % of GNI Per Capita | 6 % of GNI Per Capita |
In the year 2023, 47,171 new businesses got registered in Belgium and 31 new businesses got registered in Tonga.
It usually takes 5 days in Belgium and 16 days in Tonga to register a new business legally and systematically.
Indicators | Belgium | Tonga |
---|---|---|
Imports of Goods and Services (2023) | 87.61 % of GDP | 60.84 % of GDP |
Total Fuel Imports (2023) | 17.06 % of Merchandise Imports | 21.3 % of Merchandise Imports |
Cost to Import Border Compliance (2023) | Yet to Update | 330 USD |
Time to Import Border Compliance (2023) | Yet to Update | 25.5 Hours |
Cost to Import Documentary Compliance (2023) | Yet to Update | 147.5 USD |
Time to Import Documentary Compliance (2023) | 0.5 Hour | 72 Hours |
Indicators | Belgium | Tonga |
---|---|---|
Exports of Goods and Services (2023) | 86.68 % of GDP | 12.52 % of GDP |
Total Fuel Exports (2023) | 13.17 % of Merchandise Exports | 0.0001 % of Merchandise Exports |
Cost to Export Border Compliance (2023) | Yet to Update | 201 USD |
Time to Export Border Compliance (2023) | Yet to Update | 52 Hours |
Cost to Export Documentary Compliance (2023) | Yet to Update | 70 USD |
Time to Export Documentary Compliance (2023) | 0.5 Hour | 108 Hours |
Indicators | Belgium | Tonga |
---|---|---|
Gross National Savings (2023) | 25.21 % of GDP | 4.53 % of GDP |
Tax Revenue (2023) | 23.09 % of GDP | 21.3 % of GDP |
Taxes on Exports (2023) | Yet to Update | Yet to Update |
Taxes on Goods and Services (2023) | 25.47 % of Tax Revenue | 32.51 % of Tax Revenue |
Taxes on International Trade (2023) | Yet to Update | 5.06 % of Revenue |
Time to Prepare and Pay Taxes (2023) | 136 Hours | 200 Hours |
Customs and Other Import Duties (2023) | Yet to Update | 7.58 % of Tax Revenue |
We hope you enjoyed the detailed guide on the standard of living comparsion between Belgium and Tonga.
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