Belgium is the 22 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. source: 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 July of 2022.

Competitiveness Rank in Belgium is expected to reach 21.00 by the end of 2021, 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 2022, according to our econometric models.

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Belgium Competitiveness Rank



Related Last Previous Unit Reference
Competitiveness Rank 22.00 21.00 Dec 2019
Competitiveness Index 76.38 76.61 Points Dec 2019

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