Belgium is the 22 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum.

Competitiveness Rank in Belgium averaged 19.08 from 2007 until 2019, reaching an all time high of 24 in 2007 and a record low of 15 in 2012. This page provides the latest reported value for - Belgium Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium Competitiveness Rank - values, historical data and charts - was last updated on June of 2020. source: World Economic Forum

Competitiveness Rank in Belgium is expected to reach 21.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Competitiveness Rank is projected to trend around 21.00 in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Belgium Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
22.00 21.00 24.00 15.00 2007 - 2019 Yearly

Belgium Business Last Previous Highest Lowest Unit
Business Confidence -34.40 -36.10 9.20 -36.10 points [+]
Industrial Production -12.60 2.40 18.40 -16.40 percent [+]
Industrial Production Mom -12.50 1.30 11.90 -12.50 percent [+]
Manufacturing Production -0.40 4.40 21.80 -18.90 percent [+]
Capacity Utilization 73.20 77.30 85.00 69.70 percent [+]
Bankruptcies 298.00 869.00 1322.00 262.00 Companies [+]
Car Registrations 5297.00 28801.00 64963.00 5297.00 [+]
Internet Speed 16275.93 15930.63 16275.93 4020.54 KBps [+]
IP Addresses 4372220.00 4315399.00 5060890.00 1986541.00 IP [+]
Mining Production 6.20 -3.70 68.80 -41.40 percent [+]
Steel Production 540.00 470.00 1488.00 237.00 Thousand Tonnes [+]
Changes In Inventories 519.00 1142.00 2431.00 -1029.00 EUR Million [+]
Competitiveness Index 76.38 76.61 76.61 5.05 Points [+]
Competitiveness Rank 22.00 21.00 24.00 15.00 [+]
Corruption Index 75.00 75.00 77.00 52.50 Points [+]
Corruption Rank 17.00 17.00 29.00 15.00 [+]
Ease of Doing Business 46.00 45.00 52.00 20.00 [+]
Electricity Production 8406.00 8253.00 8641.00 4047.00 Gigawatt-hour [+]


Belgium Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.