PESTLE Insights: Belgium - Macroeconomic Outlook Report

Summary

Flemish region is among best performing regions in Belgium. It solely contributed 58.7% to GDP and comprised 57.6% of the Belgian population in 2016

Americas region was leading investor in Belgium with FDI inflows of US$7.3bn, while most European nations divested from the country

Financial intermediation contributed 29.3% to the gross value added (GVA) in 2017, followed by other services (24.3%) and mining, manufacturing and utilities (16.7%). In nominal terms, the three sectors grew by 3.0%, 5.0% and 3.8%, respectively in 2018, as per GlobalData estimates.

Key Highlights

Rising trend of the BEL 20 (^BFX) index over last one year exhibits progress of the economy. As of January 17, 2018, BEL 20 (^BFX) index stood at 3,429.7, compared to 4,148.6 on January 17, 2019.

Scope

- Belgium ranked third out of 160 nations in the World Bank's logistics performance index (LPI) in 2018

- Several firms, along with funding from European Commission (EC), have invested US$1.5bn in 54 transport projects out of 114 eligible proposals under the Connecting Europe Facility during 2014-2017.

Reasons to buy

- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Table of Contents
List of Exhibits
Did you Know?
Country Highlights
Country Snapshot
PESTLE Insights
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape
Legal Landscape
Environmental Landscape
Outlook