Belgium Economy

Published by OurEconomy.org on November 24, 2009 filed under Belgium Economy   ·   Comments (0)
Belgium Economy
Belgium Economy  | read this item

Belgium economy is in the list of the countries with High Income according to the classification made by the World Bank in 2005. Belgium spreads up to 30,510.0 square kilometers. The economy of the country is included into the group of leading industrialized democracies.

Naturally, its social and economic indicators are much higher than those of other countries. The year of 2004 counted 10.4 millions people in Belgium with the annual growth rate indicating 0.3 percent. 78.3 years is the average life expectancy rate in Belgium according to the statistics. When talking about unemployment we are to outline the number 8.1%.

The economic GDP level has contributed to the list of top twenty developed countries, expressing the annual percentage growth rate of GDP 2.9%, and the indicator of GNI has gone up to $322.8 Billions in comparison with the previous years. In general, during the recent years, one can observe the development of Belgium economy.

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