Traditional Culture Encyclopedia - Traditional customs - Belgium and Spain which economy is better
Belgium and Spain which economy is better
1, Belgium: Belgium is a developed capitalist industrial country, the economy is highly dependent on foreign countries, 80% of raw materials rely on imports, and more than 50% of industrial products for export. 2020, the gross domestic product of 530.2 billion U.S. dollars. The economic growth rate is 1.4%. Inflation rate 1.5%. Unemployment rate 5.4%. Public debt ratio 98.6%.
2. Spain: Spain is a moderately developed capitalist industrialized country with the fifth largest economy in the European Union and the thirteenth largest in the world. The main industries are textile, iron and steel, cement, shipbuilding, automobile manufacturing, electricity and so on. Higher level of agricultural modernization, olive oil production and grape growing area ranked first in the world
Spain's agricultural development: Spain's agricultural land area accounts for 13.8% of the national territory, ranking second in the EU. Crop cultivation types are mainly grapes, olives, citrus and so on. Livestock farming is dominated by pigs and cattle, with the number of heads accounting for 41.5% and 28.1% of all livestock respectively. The output of pork and mutton ranks second in the EU. The cultivation area of olive and the production of olive oil are the first in the world, and 50% of the world's olive oil is produced in Spain. Grape cultivation area ranks first in the world, amounting to 950,000 hectares, accounting for 13% of the world's total planting area.
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