Belgium is the 21 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 18.83 from 2007 until 2018, reaching an all time high of 24 in 2007 and a record low of 15 in 2012.

Competitiveness Rank in Belgium is expected to be 20.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Competitiveness Rank is projected to trend around 20.00 in 2020, according to our econometric models.

Belgium Competitiveness Rank
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Belgium Business Last Previous Highest Lowest Unit
Business Confidence -1.10 1.20 9.20 -31.80 Index Points [+]
Industrial Production 1.90 3.50 21.90 -19.90 percent [+]
Industrial Production Mom 3.00 1.60 11.90 -9.20 percent [+]
Manufacturing Production 4.40 6.40 25.40 -21.90 percent [+]
Capacity Utilization 81.10 80.00 85.00 69.70 percent [+]
Bankruptcies 897.00 477.00 1322.00 262.00 Companies [+]
Car Registrations 36894.00 27145.00 64963.00 13593.00 [+]
Internet Speed 16275.93 15930.63 16275.93 4020.54 KBps [+]
IP Addresses 4372220.00 4315399.00 5060890.00 1986541.00 IP [+]
Mining Production 0.50 5.40 62.40 -43.50 percent [+]
Steel Production 715.00 740.00 1488.00 237.00 Thousand Tonnes [+]
Changes In Inventories 1981.00 1241.00 2307.00 -1238.00 EUR Million [+]
Competitiveness Index 76.61 76.57 76.61 5.05 Points [+]
Competitiveness Rank 21.00 19.00 24.00 15.00 [+]
Corporate Profits 24520.00 36858.00 40119.00 11553.00 EUR Million [+]
Corruption Index 75.00 77.00 77.00 52.50 Points [+]
Corruption Rank 16.00 15.00 29.00 15.00 [+]
Ease of Doing Business 45.00 52.00 52.00 20.00 [+]
Electricity Production 4526.00 5259.00 8558.00 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. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
21.00 19.00 24.00 15.00 2007 - 2018 Yearly




Country Last
United States 1.00 Dec/18
Singapore 2.00 Dec/18
Germany 3.00 Dec/18
Switzerland 4.00 Dec/18
Japan 5.00 Dec/18
Netherlands 6.00 Dec/18
United Kingdom 8.00 Dec/18
Canada 12.00 Dec/18
Australia 14.00 Dec/18
South Korea 15.00 Dec/18
France 17.00 Dec/18
Spain 26.00 Dec/18
China 28.00 Dec/18
Italy 31.00 Dec/18
Saudi Arabia 39.00 Dec/18
Russia 43.00 Dec/18
Indonesia 45.00 Dec/18
Mexico 46.00 Dec/18
India 58.00 Dec/18
Turkey 61.00 Dec/18
South Africa 67.00 Dec/18
Brazil 72.00 Dec/18
Argentina 81.00 Dec/18


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