Belgium

Official Name: The Kingdom of Belgium
Sovereign Status: Sovereign Country
Government Type: Federal Parliamentary Democracy under a Constitutional Monarchy
Official Name (Local Language): Royaume de Belgique; Koninkrijk Belgie
ISO Country Codes: BE : BEL
Internet Domain: .be
Government Web Site: https://www.belgium.be/en
Capital: Brussels Main Airports: Brussels Airport
Language(s): Flemish; French; German Population: 11,778,842
Currency: Euro ISO Currency Code: EUR
Telephone Dial In: +32 ID Prefix: 00




Belgium

Government Website: https://www.belgium.be/en
Sovereign Ratings: https://countryeconomy.com/ratings/belgium
Central Bank: Nationale Bank van Belgie - Banque Nationale de Belgique
Currency USD Exchange Rate: 0.82771 euros (EUR) per US dollar (2020 est.)
Unemployment Rate: 5.36% (2019 est.)
Population below poverty line: 15.1% (2013 est.)
Inflation Rate: 1.4% (2019 est.)
Prime Lending Rate: 1.55% (Dec-20 - TradingEconomics)
GDP: $533.028 billion (2019 est.)
GDP Pro Capita (PPP): $51,934 (2019 est.)
Currency Name: Euro
Currency Code: EUR
World Bank Classification: High Income

GDP Composition:

Agriculture: 0.6% sugar beets, fresh vegetables, fruits, grain, tobacco; beef, veal, pork, milk
Industry: 21.8% engineering and metal products, motor vehicle assembly, transportation equipment, scientific instruments, processed food and beverages, chemicals, pharmaceuticals, base metals, textiles, glass, petroleum
Services: 77.6%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Euronext Brussels ;

National Statistics Office:


Belgium


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Flemish; French; English
Customs & Excise: Service Public Fédéral Finances
Development Bank(s): BIO (Belgian Investment Company for Developing Countries); The Social Development Bank in Europe;
National Standards Bureau: Bureau de Normalisation
Competitive Ind’l Performance: 22/141 (2019) Corruption Perceptions Index: 15/180 (2020)
Ease of Doing Business: 46/190 (2019) Enabling Trade Index: 10/136 (2016)
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index



Export Credit & Insurance Show

Export Credit & Insurance Agency: Credendo ;

Investment & Export Promotion Show

Investment Agency: Investing in Belgium ; Investment & Export Promotion Agency: Brussels Invest & Export ; Wallonia Foreign Trade and Investment Agency ;




Belgium

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