Macroeconomic Opportunities and PESTLE Analysis of Belgium 2017
Belgium economy is dominated by the service sector, which contributed approximately 79.5% to the total GDP in 2016. Wholesale & retail trade is the major contributing 17.4% of GDP. The government of Belgium is expected to increase investment on number of projects that will help further develop on various sectors such as infrastructure, health, and education. Belgium has Sustainable Development Goals which provides direction for prioritizing capital expenditure, encouraging private investment and creating jobs for nationals in the private sector. The Belgian government is focusing on tax reforms, which will encourage the consumer spending and move the economy toward an externally sustainable path.
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Belgium and has come up with a comprehensive research report, “PESTLE Analysis of Belgium 2017”. This report provides an analysis of the Belgian economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Belgium is also included in the report. The report also includes forecast for Belgium economic growth through 2022.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. Belgium is a politically stable country, which follows a constitutional monarchy and a decentralized unitary state. Belgium is highly dependent on exports to European countries, which is one of the main challenges. The other challenge Belgian economy is high government debt. Belgium has to depend on other countries for food because Belgium has very low agriculture productivity. The drivers for investment decision in Belgium are its Strategic location which enables to tap the major markets of Europe, such as Germany, the Netherlands, Italy, and France. The country has highly developed transport network and diversified industrial and commercial base.
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.
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 2017” 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 GDP Trends in savings, investments, and consumptions Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries Analysis on geographical importance and social structure such as labor quality Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Belgium
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Belgium and has come up with a comprehensive research report, “PESTLE Analysis of Belgium 2017”. This report provides an analysis of the Belgian economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Belgium is also included in the report. The report also includes forecast for Belgium economic growth through 2022.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. Belgium is a politically stable country, which follows a constitutional monarchy and a decentralized unitary state. Belgium is highly dependent on exports to European countries, which is one of the main challenges. The other challenge Belgian economy is high government debt. Belgium has to depend on other countries for food because Belgium has very low agriculture productivity. The drivers for investment decision in Belgium are its Strategic location which enables to tap the major markets of Europe, such as Germany, the Netherlands, Italy, and France. The country has highly developed transport network and diversified industrial and commercial base.
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.
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 2017” 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 GDP Trends in savings, investments, and consumptions Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries Analysis on geographical importance and social structure such as labor quality Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Belgium
1. EXECUTIVE SUMMARY
2. POLITICAL ANALYSIS OF BELGIUM
2.1: Structure and Stability of Government
2.2: Government Policy Agenda
2.2.1: Policy Agenda – Reforms and Future Plans
3. ECONOMIC ANALYSIS OF BELGIUM
3.1: Sectoral Contribution to GDP and GDP Growth Rate
3.2: Macroeconomic Forecast and Scenario Analysis (2017-2022)
3.3: Pricing Trends - Inflation and Interest Rates
3.4: Consumption, Saving, and Investment Trends
3.5: International Trade and Its Contribution to GDP
3.6: Foreign Direct Investment
4. ECONOMIC AND BUSINESS RISK ANALYSIS OF BELGIUM
4.1: Risk in Current Account Balance
4.2: Terms of Trade in Belgium
4.3: Risk in Balance of Payment (BOP)
4.4: Risk in Fiscal Deficit
4.5: Risk in External Sector
4.5.1: External Debt and Default Risk
4.5.2: Risk in Foreign Exchange Reserves and Exchange Rate
4.6: Credit Rating of Countries
5. SOCIAL ANALYSIS OF BELGIUM
5.1: Social and Demographic Analysis
5.2: Labor Market
5.3: Social Development Index
6. R&D AND TECHNOLOGICAL FACTORS OF BELGIUM
6.1: R&D Expenditure in Belgium
6.2: Impact of Technology in Various Industries
6.3: Technology Policy
7. LEGAL ANALYSIS OF BELGIUM
7.1: Company Law
7.2: Labor Law
7.3: Tax Law
7.4: Recent Economic Policies
7.5: Doing Business in Belgium
8. ENVIRONMENTAL ANALYSIS OF BELGIUM
8.1: Environmental Policy
9. SWOT ANALYSIS – SEARCH OF POTENTIAL OPPORTUNITIES IN BELGIUM
2. POLITICAL ANALYSIS OF BELGIUM
2.1: Structure and Stability of Government
2.2: Government Policy Agenda
2.2.1: Policy Agenda – Reforms and Future Plans
3. ECONOMIC ANALYSIS OF BELGIUM
3.1: Sectoral Contribution to GDP and GDP Growth Rate
3.2: Macroeconomic Forecast and Scenario Analysis (2017-2022)
3.3: Pricing Trends - Inflation and Interest Rates
3.4: Consumption, Saving, and Investment Trends
3.5: International Trade and Its Contribution to GDP
3.6: Foreign Direct Investment
4. ECONOMIC AND BUSINESS RISK ANALYSIS OF BELGIUM
4.1: Risk in Current Account Balance
4.2: Terms of Trade in Belgium
4.3: Risk in Balance of Payment (BOP)
4.4: Risk in Fiscal Deficit
4.5: Risk in External Sector
4.5.1: External Debt and Default Risk
4.5.2: Risk in Foreign Exchange Reserves and Exchange Rate
4.6: Credit Rating of Countries
5. SOCIAL ANALYSIS OF BELGIUM
5.1: Social and Demographic Analysis
5.2: Labor Market
5.3: Social Development Index
6. R&D AND TECHNOLOGICAL FACTORS OF BELGIUM
6.1: R&D Expenditure in Belgium
6.2: Impact of Technology in Various Industries
6.3: Technology Policy
7. LEGAL ANALYSIS OF BELGIUM
7.1: Company Law
7.2: Labor Law
7.3: Tax Law
7.4: Recent Economic Policies
7.5: Doing Business in Belgium
8. ENVIRONMENTAL ANALYSIS OF BELGIUM
8.1: Environmental Policy
9. SWOT ANALYSIS – SEARCH OF POTENTIAL OPPORTUNITIES IN BELGIUM
LIST OF FIGURES
1 CHAPTER 3. ECONOMIC ANALYSIS OF BELGIUM
Figure 3.1: Economic Scenario of Major Countries in 2016
Figure 3.2: Trends of the Real GDP Growth Rate
Figure 3.3: Scenario Analysis of GDP Forecast
Figure 3.4: Trends of the Per Capita Income
Figure 3.5: Sectoral Contribution to GDP in 2016
Figure 3.6: Share of Different Sectors as Percentage of GDP in 2016
Figure 3.7: Annual Trends of Inflation and Interest Rates
Figure 3.8: Quarterly Inflation Rate of Belgium
Figure 3.9: Quarterly Interest Rate of Belgium
Figure 3.10: Trends of Savings and Investments as Percentage of GDP
Figure 3.11: Trends of Consumption Expenditure as Percentage of GDP
Figure 3.12: Trends of International Trade Structure
Figure 3.13: Belgium’s Exports by Commodity in 2011
Figure 3.14: Belgium’s Exports by Commodity in 2016
Figure 3.15: Belgium’s Imports by Commodity in 2011
Figure 3.16: Belgium’s Imports by Commodity in 2016
Figure 3.17: Belgium’s Exports by Country in 2011
Figure 3.18: Belgium’s Exports by Country in 2016
Figure 3.19: Belgium’s Imports by Country in 2011
Figure 3.20: Belgium’s Imports by Country in 2016
Figure 3.21: Trends of Exports and Imports as Percentage of GDP
Figure 3.22: Trends of FDI in Belgium
1 CHAPTER 4. ECONOMIC AND BUSINESS RISK ANALYSIS OF BELGIUM
Figure 4.1: Trends of Current Account Balance and Percentage of GDP
Figure 4.2: Terms of Trade in Belgium
Figure 4.3: Trends of Balance of Payment
Figure 4.4: Trends of Government Revenue and Expenditure as Percentage of GDP
Figure 4.5: Trends of Fiscal Balance as Percentage of GDP
Figure 4.6: Trends of Gross Government Debt as Percentage of GDP
Figure 4.7: Trends of Foreign Exchange Reserves and Exchange Rate
1 CHAPTER 5. SOCIAL ANALYSIS OF BELGIUM
Figure 5.1: Political Map of Belgium
Figure 5.2: Trends of Population and Population Growth Rate
Figure 5.3: Population Age Structure
Figure 5.4: Trends of Unemployment Rate in Belgium
1 CHAPTER 6. R&D AND TECHNOLOGICAL FACTORS OF BELGIUM
Figure 6.1: Trends of R&D Expenditure in Belgium
1 CHAPTER 3. ECONOMIC ANALYSIS OF BELGIUM
Figure 3.1: Economic Scenario of Major Countries in 2016
Figure 3.2: Trends of the Real GDP Growth Rate
Figure 3.3: Scenario Analysis of GDP Forecast
Figure 3.4: Trends of the Per Capita Income
Figure 3.5: Sectoral Contribution to GDP in 2016
Figure 3.6: Share of Different Sectors as Percentage of GDP in 2016
Figure 3.7: Annual Trends of Inflation and Interest Rates
Figure 3.8: Quarterly Inflation Rate of Belgium
Figure 3.9: Quarterly Interest Rate of Belgium
Figure 3.10: Trends of Savings and Investments as Percentage of GDP
Figure 3.11: Trends of Consumption Expenditure as Percentage of GDP
Figure 3.12: Trends of International Trade Structure
Figure 3.13: Belgium’s Exports by Commodity in 2011
Figure 3.14: Belgium’s Exports by Commodity in 2016
Figure 3.15: Belgium’s Imports by Commodity in 2011
Figure 3.16: Belgium’s Imports by Commodity in 2016
Figure 3.17: Belgium’s Exports by Country in 2011
Figure 3.18: Belgium’s Exports by Country in 2016
Figure 3.19: Belgium’s Imports by Country in 2011
Figure 3.20: Belgium’s Imports by Country in 2016
Figure 3.21: Trends of Exports and Imports as Percentage of GDP
Figure 3.22: Trends of FDI in Belgium
1 CHAPTER 4. ECONOMIC AND BUSINESS RISK ANALYSIS OF BELGIUM
Figure 4.1: Trends of Current Account Balance and Percentage of GDP
Figure 4.2: Terms of Trade in Belgium
Figure 4.3: Trends of Balance of Payment
Figure 4.4: Trends of Government Revenue and Expenditure as Percentage of GDP
Figure 4.5: Trends of Fiscal Balance as Percentage of GDP
Figure 4.6: Trends of Gross Government Debt as Percentage of GDP
Figure 4.7: Trends of Foreign Exchange Reserves and Exchange Rate
1 CHAPTER 5. SOCIAL ANALYSIS OF BELGIUM
Figure 5.1: Political Map of Belgium
Figure 5.2: Trends of Population and Population Growth Rate
Figure 5.3: Population Age Structure
Figure 5.4: Trends of Unemployment Rate in Belgium
1 CHAPTER 6. R&D AND TECHNOLOGICAL FACTORS OF BELGIUM
Figure 6.1: Trends of R&D Expenditure in Belgium
LIST OF TABLES
1 CHAPTER 1. EXECUTIVE SUMMARY
Table 1.1: Factors Affecting Business in Belgium
1 CHAPTER 2. POLITICAL ANALYSIS OF BELGIUM
Table 2.1: Political Factors and Their Impact on Business
1 CHAPTER 3. ECONOMIC ANALYSIS OF BELGIUM
Table 3.1: Factors Affecting Industry Growth
Table 3.2: Economic Factors and Their Impact on Business
1 CHAPTER 4. ECONOMIC AND BUSINESS RISK ANALYSIS OF BELGIUM
Table 4.1: Credit Rating of Countries by Moody’s, Fitch, and S&P
Table 4.2: Economic Risk Factors and Their Impact on Business
1 CHAPTER 5. SOCIAL ANALYSIS OF BELGIUM
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social Factors and Their Impact on Business
1 CHAPTER 6. R&D AND TECHNOLOGICAL FACTORS OF BELGIUM
Table 6.1: Technological Factor and Their Impact on Business
1 CHAPTER 7. LEGAL ANALYSIS OF BELGIUM
Table 7.1: Tax Rates in Belgium, 2017
Table 7.2: Indicators for Starting a Business
Table 7.3: Ranking in 2017 for Ease of Doing Business
Table 7.4: Legal Factors and Their Impact on Business
1 CHAPTER 8. ENVIRONMENTAL ANALYSIS OF BELGIUM
Table 8.1: Environmental Factors and Their Impact on Business
1 CHAPTER 1. EXECUTIVE SUMMARY
Table 1.1: Factors Affecting Business in Belgium
1 CHAPTER 2. POLITICAL ANALYSIS OF BELGIUM
Table 2.1: Political Factors and Their Impact on Business
1 CHAPTER 3. ECONOMIC ANALYSIS OF BELGIUM
Table 3.1: Factors Affecting Industry Growth
Table 3.2: Economic Factors and Their Impact on Business
1 CHAPTER 4. ECONOMIC AND BUSINESS RISK ANALYSIS OF BELGIUM
Table 4.1: Credit Rating of Countries by Moody’s, Fitch, and S&P
Table 4.2: Economic Risk Factors and Their Impact on Business
1 CHAPTER 5. SOCIAL ANALYSIS OF BELGIUM
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social Factors and Their Impact on Business
1 CHAPTER 6. R&D AND TECHNOLOGICAL FACTORS OF BELGIUM
Table 6.1: Technological Factor and Their Impact on Business
1 CHAPTER 7. LEGAL ANALYSIS OF BELGIUM
Table 7.1: Tax Rates in Belgium, 2017
Table 7.2: Indicators for Starting a Business
Table 7.3: Ranking in 2017 for Ease of Doing Business
Table 7.4: Legal Factors and Their Impact on Business
1 CHAPTER 8. ENVIRONMENTAL ANALYSIS OF BELGIUM
Table 8.1: Environmental Factors and Their Impact on Business
