The Belgian economy is considered a modern, private enterprise based economy. The country's economy is expected to reach $633 billion by 2018 at the current price. Belgium has both financial and demographic risks facing its economic future. The country's financial stability is low compared to other developed countries, as it carries both high debt and a large fiscal deficit. The country’s current account deficit is a result of the dual issues of the Euro debt crisis and a decrease in international demand.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on Belgium and presents its findings in “Belgium Country Analysis 2013-2018: An Evaluation of Political, Social, Economic, and Business Risk.” This study provides a concise overview of the political, economic, social, technological, and business risks of the country. The study provides annual trends of economic and social parameters and forecasts of GDP and population for the next six years.
Belgium country analysis report highlights that the global financial crisis disrupted the macroeconomic and financial stability of many economies including Belgium, which had sustained solid growth prior to the recession, by adversely affecting the financing facilities and external demand. The Belgian economy witnessed moderate instability during 2007-2011, as it was a period of political crisis within the country. During the crisis period, Belgium experienced tense community relations and political volatility rooted in differing opinions from various parties regarding state reforms.
The study reveals that Belgium possesses highly developed infrastructure comprising its airports, seaports, roads, and railways across the country, supporting the domestic and foreign business in the country. Belgium is one of the net exporting countries of the world; its exports to European countries supported its growth rate.
Belgium country analysis report highlights different aspects of the country, including geographical location, economic performance, quarterly trend, sectoral contribution, foreign direct investment by industry, trend of population, per capita income, trend of inflation, balance of payment, budget deficit, trade structure, foreign exchange reserve and exchange rates, and R&D expenditures.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. Belgium country analysis report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. Belgium country analysis market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of this report:
• Trend and forecast of real GDP growth rate of Belgium
• Trend of savings and investments as well as consumption expenditure in percentage of GDP of Belgium
• Trend of consumption expenditure as percentage of GDP in Belgium
• Trend of growth of population and unemployment rate in Belgium
• R&D and technological factor of Belgium 2013
• Business risk of Belgium
• More than 31 figures/charts and 9 tables are provided in this roughly 65-page report