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Recent cyclical developments indicate that Belgium enjoyed a relatively good GDP growth in 2019 (+1.7 % year-on-year, compared to +1.8 % in 2018), thanks to a strong domestic demand (excluding inventories
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Recent cyclical developments indicate that GDP growth was relatively good in 2019 (+1.4 % year-on-year, compared to +1.5 % in 2018), thanks to a strong domestic demand (excluding inventories changes)
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The economy benefits from a strong communication infrastructure and a highly qualified workforce. Nevertheless, foreign trade is essential for Belgium. It is also important to note that 70.9 % of Belgian
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Belgium, a small and open economy of 11.4 million inhabitants, is located in the heart of Europe. The economy benefits from a strong communication infrastructure and a highly qualified workforce