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Belgium
Belgium ยท BEL ยท Europe
25
Risk Score
Guardedโ Stable
Risk Factors
No recent events in pipeline
Overview
Belgium is a highly developed Western European constitutional monarchy, a founding member of the European Union and NATO. Its economy is characterized by high productivity, a strong service sector, and significant trade, benefiting from its central location and advanced infrastructure. The country operates as a complex federal state with distinct linguistic communities.
Leadership
King Philippe
King
GOVERNMENT: Federal Parliamentary Constitutional Monarchy
Alexander De Croo
Hadja Lahbib
Vincent Van Peteghem
Economy
GDP
$680.0B
GDP per Capita
$57.5K
GDP Growth
+1.5%
Inflation
2.2%
Unemployment
5.5%
ServicesManufacturingChemicalsPharmaceuticalsLogistics
Trade
Key Exports
Machinery and EquipmentChemicalsFinished DiamondsPharmaceuticalsVehicles
Key Imports
Machinery and EquipmentChemicalsRaw DiamondsPharmaceuticalsCrude Oil
Top Partners
GermanyFranceNetherlandsUnited StatesUnited Kingdom