High energy prices to strongly impact economic performance
AA1
LOW RISK for entreprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
-
Political risk
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Commercial risk
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Financing risk
Swipe to view more
GDP | USD 599.9bn (World ranking 23, World Bank 2021) |
Population | 11.6mn (World ranking 80, World Bank 2021) |
Form of state | Constitutional parliamentary monarchy |
Head of government | Alexander De Croo (PM) |
Next elections | 2024, legislative |
Updated in October 2022.

- Strong business environment
- Diversified export structure in terms of products
- High company profitability and equity ratios
- High-skilled workforce
- High share of foreign direct investments
- High level of innovation

- One of the highest tax burdens on the private sector in the EU
- Very high corporate debt
- High public debt
- High dependency on the Eurozone business cycle
- High external liabilities
No return to pre-crisis levels before 2023
AA1
LOW RISK for entreprise
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Economic risk
-
Business environment risk
-
Political risk
-
Commercial risk
-
Financing risk
-
Economic risk
-
Business environment risk
-
Political risk
-
Commercial risk
-
Financing risk
Swipe to view more
GDP | USD 530bn (World ranking 24, World Bank 2019) |
Population | 11.5mn (World ranking 80, World Bank 2019) |
Form of state | Constitutional parliamentary monarchy |
Head of government | Alexander De Croo (PM) |
Next elections | 2024, legislative |

- Strong business environment
- Diversified export structure in terms of products
- High company profitability and equity ratios
- High-skilled workforce
- High share of foreign direct investments
- High level of innovation

- One of the highest tax burdens on the private sector in the EU
- Very high corporate debt
- High public debt
- High dependency on the Eurozone business cycle
- High external liabilities
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