PESTLE Analysis of Belgium 2013, January 2013
The GDP of Belgium is expected to grow more briskly than it did during 2001-2012 and reach an estimated $633 billion by 2018. Although the GDP growth rate witnessed a decline in 2009, the economy managed to grow by 2.4% in 2010. The country has been experiencing a higher inflation rate since 2011; however, this inflationary pressure is expected to shrink to the comfort zone of the nation’s central bank due to continuous economic reforms.
Lucintel, a leading global management consulting and market research firm, has conducted an analysis of the political, economic, social, technological, legal, and environmental conditions of Belgium and presents its findings in “PESTLE Analysis of Belgium 2013.”
As indicated in the study, Belgium faced stagflation with a high inflation rate and low GDP growth rate in 2012. Having a high inflation rate and a GDP growth rate that falls below target is a significant challenge for the Belgian economy. Strong domestic demand is a key driver of the Belgium’s economy. Domestic demand accounts for more than $250 billion. Strong work force and natural resources drive the economy.
The report points out the demographic dividend advantage for the Belgian economy as more than 50% of the population is in the age group of 20-60 years. This could be an opportunity for a faster economic development as well as a disadvantage leading to major social problems such as unemployment. Lucintel research indicates that to sustain and boost the current rate of domestic consumption, the corporate sector needs to play a vital role in providing employment opportunities in rural areas.
This report analyzes the impact of different macroeconomic indicators of the country on various industries. It also includes the impact of socio-political-demographical changes on conducting business in Belgium. This report analyzes domestic and external economic trends, government policies, technological changes, and their impact on different industries. This report helps the investor easily understand the strengths, weakness, opportunities, and threats in the Belgian economy.
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. This 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.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. This 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 “PESTLE Analysis of Belgium 2013” include:
Lucintel, a leading global management consulting and market research firm, has conducted an analysis of the political, economic, social, technological, legal, and environmental conditions of Belgium and presents its findings in “PESTLE Analysis of Belgium 2013.”
As indicated in the study, Belgium faced stagflation with a high inflation rate and low GDP growth rate in 2012. Having a high inflation rate and a GDP growth rate that falls below target is a significant challenge for the Belgian economy. Strong domestic demand is a key driver of the Belgium’s economy. Domestic demand accounts for more than $250 billion. Strong work force and natural resources drive the economy.
The report points out the demographic dividend advantage for the Belgian economy as more than 50% of the population is in the age group of 20-60 years. This could be an opportunity for a faster economic development as well as a disadvantage leading to major social problems such as unemployment. Lucintel research indicates that to sustain and boost the current rate of domestic consumption, the corporate sector needs to play a vital role in providing employment opportunities in rural areas.
This report analyzes the impact of different macroeconomic indicators of the country on various industries. It also includes the impact of socio-political-demographical changes on conducting business in Belgium. This report analyzes domestic and external economic trends, government policies, technological changes, and their impact on different industries. This report helps the investor easily understand the strengths, weakness, opportunities, and threats in the Belgian economy.
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. This 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.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. This 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 “PESTLE Analysis of Belgium 2013” include:
- Trend and forecast for key macroeconomic variables that are useful to make major investment decision
- Analysis on economic activity, investment environment, and trade structure of the country
- Major industries in Belgium and its contribution to GPD
- Trends in savings, investments, and consumptions
- Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
- Analyses on geographical importance and social structure such as labor quality
- Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Belgium
1. EXECUTIVE SUMMARY
2. BELGIUM’S POLITICAL ANALYSIS
2.1: Structure and stability of government
2.2: Government policy agenda
2.2.1: Policy agenda
3. BELGIUM’S ECONOMIC ANALYSIS
3.1: Sectoral contribution to GDP and GDP growth rate
3.2: Pricing trends - inflation and interest rates
3.3: Consumption, saving, and investment trends
3.4: International trade and its contribution to GDP
3.5: Foreign direct investment by industry
4. BELGIUM’S SOCIAL ANALYSIS
4.1: Social and demographic analysis
4.2: Labor market
4.3: Social development index
5. BELGIUM’S R&D AND TECHNOLOGICAL FACTORS
5.1: R&D expenditure in Belgium
5.2: Impact of technology in industry
5.3: Technology policy
6. BELGIUM’S LEGAL ANALYSIS
6.1: Company law
6.2: Labor law
6.3: Tax law
6.4: Recent economic policies
6.5: Doing business in Belgium 2012
7. BELGIUM’S ENVIRONMENTAL ANALYSIS
7.1: Environment policy
8. SWOT ANALYSIS OF BELGIUM
2. BELGIUM’S POLITICAL ANALYSIS
2.1: Structure and stability of government
2.2: Government policy agenda
2.2.1: Policy agenda
3. BELGIUM’S ECONOMIC ANALYSIS
3.1: Sectoral contribution to GDP and GDP growth rate
3.2: Pricing trends - inflation and interest rates
3.3: Consumption, saving, and investment trends
3.4: International trade and its contribution to GDP
3.5: Foreign direct investment by industry
4. BELGIUM’S SOCIAL ANALYSIS
4.1: Social and demographic analysis
4.2: Labor market
4.3: Social development index
5. BELGIUM’S R&D AND TECHNOLOGICAL FACTORS
5.1: R&D expenditure in Belgium
5.2: Impact of technology in industry
5.3: Technology policy
6. BELGIUM’S LEGAL ANALYSIS
6.1: Company law
6.2: Labor law
6.3: Tax law
6.4: Recent economic policies
6.5: Doing business in Belgium 2012
7. BELGIUM’S ENVIRONMENTAL ANALYSIS
7.1: Environment policy
8. SWOT ANALYSIS OF BELGIUM
LIST OF FIGURES
Chapter 3. Belgium’s Economic Analysis
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of real GDP growth rate
Figure 3.4: Quarterly trend index of industrial production and GDP growth rate.
Figure 3.5: Trend of per capita income
Figure 3.6: GDP sectoral contribution
Figure 3.7: Share of different sectors to GDP
Figure 3.8: Leading industries of Belgium
Figure 3.9: Quarterly trend of inflation and interest rate
Figure 3.10: Annual trend of inflation and interest rate
Figure 3.11: Trend of savings and investments as percentage of GDP
Figure 3.12: Trend of consumption expenditure as percentage of GDP
Figure 3.13: Belgium’s international trade structure
Figure 3.14: Exports and imports as percentage of GDP
Figure 3.15: FDI inflows by industry
Chapter 4. Belgium’s Social Analysis
Figure 4.1: Political map of Belgium
Figure 4.2: Trend of population in Belgium
Figure 4.3: Population age structure
Figure 4.4: Trend of unemployment rate in Belgium
Chapter 5. Belgium R&D and Technological Factor
Figure 5.1: Trend of R&D expenditure in Belgium
Chapter 3. Belgium’s Economic Analysis
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Forecast of real GDP growth rate
Figure 3.4: Quarterly trend index of industrial production and GDP growth rate.
Figure 3.5: Trend of per capita income
Figure 3.6: GDP sectoral contribution
Figure 3.7: Share of different sectors to GDP
Figure 3.8: Leading industries of Belgium
Figure 3.9: Quarterly trend of inflation and interest rate
Figure 3.10: Annual trend of inflation and interest rate
Figure 3.11: Trend of savings and investments as percentage of GDP
Figure 3.12: Trend of consumption expenditure as percentage of GDP
Figure 3.13: Belgium’s international trade structure
Figure 3.14: Exports and imports as percentage of GDP
Figure 3.15: FDI inflows by industry
Chapter 4. Belgium’s Social Analysis
Figure 4.1: Political map of Belgium
Figure 4.2: Trend of population in Belgium
Figure 4.3: Population age structure
Figure 4.4: Trend of unemployment rate in Belgium
Chapter 5. Belgium R&D and Technological Factor
Figure 5.1: Trend of R&D expenditure in Belgium
LIST OF TABLES
Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Belgium
Chapter 2. Belgium’s Political Analysis
Table 2.1: Political factors and its impact on business
Chapter 3. Belgium’s Economic Analysis
Table 3.1: Economic factors and its impact on business
Chapter 4 Belgium’s Social Analysis
Table 4.1: Population age structure of Belgium
Table 4.2: Corruption, GINI, homicide and human development index
Table 4.3: Social factors and its impact on business
Chapter 5. Belgium’s R&D and Technological factor
Table 5.1: Technological factor and its impact on business
Chapter 6. Belgium’s Legal Analysis
Table 6.1: Tax rates in Belgium, 2012
Table 6.2: Indicators for starting business
Table 6.3: Ranking for procedures of starting business
Table 6.4: Legal factors and its impact on business
Chapter 7. Belgium’s Environment Analysis
Table 7.1: Environmental factors and its impact on business
Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Belgium
Chapter 2. Belgium’s Political Analysis
Table 2.1: Political factors and its impact on business
Chapter 3. Belgium’s Economic Analysis
Table 3.1: Economic factors and its impact on business
Chapter 4 Belgium’s Social Analysis
Table 4.1: Population age structure of Belgium
Table 4.2: Corruption, GINI, homicide and human development index
Table 4.3: Social factors and its impact on business
Chapter 5. Belgium’s R&D and Technological factor
Table 5.1: Technological factor and its impact on business
Chapter 6. Belgium’s Legal Analysis
Table 6.1: Tax rates in Belgium, 2012
Table 6.2: Indicators for starting business
Table 6.3: Ranking for procedures of starting business
Table 6.4: Legal factors and its impact on business
Chapter 7. Belgium’s Environment Analysis
Table 7.1: Environmental factors and its impact on business
