Belgium
Compared with Nicaragua, using real observed prices.
Baseline: 
Nicaragua = 1×
Belgium
vs
Nicaragua
Overall verdict
Belgium is about 2.03× Nicaragua.
Average across 2 categories, 6 items with data
The shape of prices (vs Nicaragua = 1×)
How to read this
The centre line is Nicaragua. A bar running right means Belgium is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than Nicaragua
Nicaragua = 1×
Belgium is pricier →
Nicaragua
Nicaragua = 1×
Belgium is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Belgium, Electricity 1kWh (household) costs 2.3× what it does in Nicaragua — but Gasoline 1L costs only 1.6×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×2.31Belgium
NIO 14.87
USD 0.406Nicaragua
NIO 6.45
USD 0.176
-
Diesel 1L 1 L ×2.00Belgium
NIO 86.43
USD 2.36Nicaragua
NIO 43.18
USD 1.179
-
Gasoline 1L 1 L ×1.59Belgium
NIO 77.75
USD 2.123Nicaragua
NIO 48.97
USD 1.337
United States
United Kingdom
India
Canada
Australia
Germany