202-333-6900). As an outward-looking nation, Belgium works closely with the United States bilaterally and in international and regional organizations to encourage economic and political cooperation and assistance to developing countries. 20 Belgium's total trade with the United States was $4.92 billion in August, a change of 12.99 percent from the same month one year ago. Comparison between Belgium and United States. The country is clockwise bordered by the Netherlands in north, Germany in east, Luxembourg in southeast, and France in south and southwest. Its role as a regional logistical hub makes its economy vulnerable to shifts in foreign demand, particularly with EU trading partners. quality of life comparison of Belgium vs. United States Europe is larger in land area than the United States. Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program in October 2008. With an area of 30,528 km compared, Belgium is a third the size of Portugal (92,090 km), or about the size of the U.S. state of Maryland. During the last 21 years the exports of United States to Belgium have increased at an annualized rate of 3.02%, from $12B in 1999 to $22.4B in 2020. Exchange rate: 1.006 EUR / USD This comparison is based on abundant and consistent data. Belgium and United States of America (USA) economic and financial indicators. U.S. Census Bureau Foreign Trade Statistics Some early personifications in the Western world tended to be national manifestations of the majestic wisdom and war goddess Minerva/Athena, and often took the Latin name of the ancient Roman province. Additionally, close to 1,000 Belgian citizens come to the United States each year on privately funded exchange programs, with largest participation in the Secondary School Student and College/University student categories. 20 for the same month last year. More than 158.4 million people voted in that election, according to a Pew Research Center tabulation of official state returns . Individualism is the one side versus its opposite, collectivism, that is the degree to which individuals are integrated into groups. Data Source: United Nations. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. United States; Home Europe Is Belgium considered a poor country? Less compassionate attitudes toward the homeless were also found on many dimensions in the United States and the UK. In Belgium, that number is 81 years (79 years for men, 84 years for women) as of 2020. The capital city of Brussels is home to numerous international organizations including the EU and NATO. These changes have generally made Belgian wages more competitive regionally, but have raised tensions with trade unions, which have called for extended strikes. As the host country of the EU and NATO headquarters, Belgium plays an important role in European and Transatlantic diplomacy. In 2018, taxes at all levels of US government represented 24 percent of gross domestic product (GDP), compared with an average of 34 percent for the other 35 member countries of the Organisation for Economic Co-operation and Development (OECD). Maryland is closest with a land area of 25 000 km compared to 30 500 km for Belgium. Britain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. Housing in Belgium is 41% cheaper than in United States. Here's how you know. Groceries Prices in Belgium are 28.45% lower than in United States. Capital gains and dividend incomeif not included in the individual income taxare typically taxed at a flat rate. . Maps are deceiving. 10 days, two weeks, or even one month of travel to Belgium or the USA can really add to your travel budget. Our weather comparison tool uses 30 years worth of data to calculate long term . Health Data used is WHO, World Bank and the United Nations for population. Belgium. A number of U.S. service industries have followed in the wake of these investments banks, law firms, public relations, accounting, and executive search firms. The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. For instance, if 1,000 people died in Iceland, out of a population of about 340,000, that would have a far bigger impact than the same number dying in the United States, with its population of 331 million. The .gov means it's official. 20 among U.S. trade partners in August. Belgium. Ilona Balinait. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. Service Public Fdral Finances, The World Factbook, Internal Revenue Service. In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. Current Belgian Prime Minister Alexander De Croo is a Fulbright alumnus (Northwestern University MBA, 2002). Signing in allows you to change your location, ask questions in our community, contribute to our cost of living database, and more. The average cost of living in Belgium ($1324) is 0% less expensive than in the United Kingdom ($1804). And yet Belgium is . As a result, the first Article of the Belgian constitution reads today: 'Belgium is a federal state, composed of communities and regions'. Secondary outcome measures will consist of somatosensory, motor and cognitive assessments, and a standardized resting-state functional magnetic resonance imaging protocol. Coordinator for the Arctic Region, Deputy Secretary of State for Management and Resources, Office of Small and Disadvantaged Business Utilization, Under Secretary for Arms Control and International Security, Bureau of Arms Control, Verification and Compliance, Bureau of International Security and Nonproliferation, Under Secretary for Civilian Security, Democracy, and Human Rights, Bureau of Conflict and Stabilization Operations, Bureau of Democracy, Human Rights, and Labor, Bureau of International Narcotics and Law Enforcement Affairs, Bureau of Population, Refugees, and Migration, Office of International Religious Freedom, Office of the Special Envoy To Monitor and Combat Antisemitism, Office to Monitor and Combat Trafficking in Persons, Under Secretary for Economic Growth, Energy, and the Environment, Bureau of Oceans and International Environmental and Scientific Affairs, Office of the Science and Technology Adviser, Bureau of the Comptroller and Global Financial Services, Bureau of Information Resource Management, Office of Management Strategy and Solutions, Bureau of International Organization Affairs, Bureau of South and Central Asian Affairs, Under Secretary for Public Diplomacy and Public Affairs, U.S. Here you can compare economy power of countries. slightly less than three times the size of Texas. The Fed ended its purchases during the summer of 2014, after the unemployment rate dropped to 6.2%, inflation stood at 1.7%, and public debt fell below 74% of GDP. ), 12.33 births/1,000 population (2021 est. You can change your cookie settings at any time. Through FY 2018, the direct costs of the wars will have totaled more than $1.9 trillion, according to US Government figures. Among OECD countries, only Chile, Ireland, and Mexico collected less tax revenue than the United . This amount would decline if economic growth were to exceed the JCT's estimate. ), 7% of total installed capacity (2017 est. From temperature to the amount of sunshine to expect, you can compare average weather conditions for every country in the world to help settle any discussion about where you should go for your next holiday in the sun. Find Germany's economic freedom report in the Index of Economic Freedom. Roughly three-quarters of Belgium's trade is with other EU countries, and the port of Zeebrugge conducts almost half its trade with the United Kingdom alone, leaving Belgium's economy vulnerable to the outcome of negotiations on the UK's exit from the EU. Comparison of plug-in electric car ownership per capita in selected top selling countries and regional markets as plug-in cars per 1,000 people, as of December 2021. The average after-tax salary is enough to cover living expenses for 1.6 months in Belgium compared to 2 months in the United States. This page includes a chart with historical data for the . The new taxes took effect on 1 January 2018; the tax cut for corporations are permanent, but those for individuals are scheduled to expire after 2025. Contacts. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. Suffering under German occupation during World Wars I and II, the Belgian public holds goodwill and affection for Americans because of the United States role during and after these conflicts, including Belgiums liberation by British, Canadian, and U.S. forces in 1944. How does Belgium compare to United States? DYNAMIC PYRAMIDS. BoredPanda staff. Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits. United States has a top tax rate of 39.6% as of 2016. Belgium Population Pyramid. If you're available any time, but you want to reach someone in Belgium at work, you may want to try between 1:00 AM and 9:00 AM your time. It is divided into state and private sectors, with fees payable in both. In terms of land area, Belgium would be the 43rd (between Maryland and Hawaii). Voter turnout in the 2020 U.S. general election soared to levels not seen in decades, fueled by the bitter campaign between Joe Biden and Donald Trump and facilitated by pandemic-related changes to state election rules. Meanwhile, the population of Belgium is ~11.7 million people (320.9 million more people live in United States). It's a free, question-and-answer based forum to discuss The Federal Reserve Board (Fed) announced plans in December 2012 to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. Since the 1500s, scientists have been developing algorithms that would help transform the globe into something flat . Rent Prices in Belgium are 55.17% lower than in United States. On average, over 1,000 Americans study abroad in Belgium each year. Beligum is about 82,276 square miles in area (213,096 square kilometers), so it's almost exactly the same size as Kansas, which is 82,278 square miles . The same as United States 1.2% Ranked 9th. For example, there are separate sub-pages for both countries on economy, climate, energy, refugees, inflation, population and much more. The tax plan also included benefits for innovation and SMEs, intended to spur competitiveness and private investment. An official website of the United States government. The United States and Brussels preserve and strengthen the historic bonds between our two nations through educational, cultural, and professional exchange and development opportunities. In July 2010, the former president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight. 1 This difference in impact is clear when comparing deaths per million people of each country's population - in this example it would be . The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. ), White 72.4%, Black 12.6%, Asian 4.8%, Amerindian and Alaska Native 0.9%, Native Hawaiian and other Pacific Islander 0.2%, other 6.2%, two or more races 2.9% (2010 est. Belgium has welcomed hundreds of U.S. firms to its territory, many of which have their European headquarters there. In 2017, Belgium approved a tax reform plan to ease corporate rates from 33% to 29% by 2018 and down to 25% by 2020. Export.gov International Offices Page Share of Revenue from Individual Taxes 26.6% Share of Revenue from Social Insurance Taxes 31% Capital Gains Tax Rate 0.0% See Full Report Get Data Consumption Taxes in Belgium . In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. For further information and explanations, we provide many details per country that go far beyond this comparison. The change in exports was 2.01 percent and the change in imports was 32.88 percent. Mauritius. Belgium ranked 31st vs 16th for the United Kingdom in the list of the most expensive countries in the world. 202-333-6900). This to-scale map shows a size comparison of United States compared to Belgium . 30 Countries Compared To The United States With A Real Scale Perspective. The United States established diplomatic relations with Belgium in 1832 following its declaration of independence from the Netherlands in 1830. An official website of the United States Government, Office of the U.S. Global top-selling light-duty plug-in electric vehicle regional or country markets as of December 2021. coal, copper, lead, molybdenum, phosphates, rare earth elements, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber, arable land; flooding is a threat along rivers and in areas of reclaimed coastal land, protected from the sea by concrete dikes, intense pressures from human activities: urbanization, dense transportation network, industry, extensive animal breeding and crop cultivation; air and water pollution also have repercussions for neighboring countries, air pollution; large emitter of carbon dioxide from the burning of fossil fuels; water pollution from runoff of pesticides and fertilizers; limited natural freshwater resources in much of the western part of the country require careful management; deforestation; mining; desertification; species conservation; invasive species (the Hawaiian Islands are particularly vulnerable), crossroads of Western Europe; most West European capitals are within 1,000 km of Brussels, the seat of both the European Union and NATO, most of the population concentrated in the northern two-thirds of the country; the southeast is more thinly populated; considered to have one of the highest population densities in the world; approximately 97% live in urban areas, large urban clusters are spread throughout the eastern half of the US (particularly the Great Lakes area, northeast, east, and southeast) and the western tier states; mountainous areas, principally the Rocky Mountains and Appalachian chain, deserts in the southwest, the dense boreal forests in the extreme north, and the central prarie states are less densely populated; Alaska's population is concentrated along its southern coast - with particular emphasis on the city of Anchorage - and Hawaii's is centered on the island of Oahu, 11.03 births/1,000 population (2021 est. In Belgium, that number is 7.1% as of 2017. pay a 35.6% higher top tax rate United States has a top tax rate of 39.6% as of 2016. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. The United States and Belgium are close partners and NATO Allies, maintaining a cooperative relationship on numerous foreign policy issues. Unemployment stood at 7.3%, however the unemployment rate is lower in Flanders than Wallonia, 4.4% compared to 9.4%, because of industrial differences between the regions. 5 times more than Belgium Total crime victims: 21.4% Ranked 12th. four times the size of Washington, DC (land area only) Midway Islands. U.S. Embassy In recent years, political divisions between the Dutch-speaking Flemish of the north and the French-speaking Walloons of the south have led to constitutional amendments granting these regions formal recognition and autonomy. In Belgium, there are 11.1 babies per 1,000 people as of 2020. This will be between 7AM - 11PM their time, since Belgium is 8 hours ahead of United States. Here are comparative statistics (number of crimes per 100,000 persons). Belgium is a member of the European Union (EU) and seeks to diversify and expand trade opportunities with non-EU countries. A national personification is an anthropomorphic personification of a state or the people(s) it inhabits.
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