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Belgium is a European country known for its rich history and diverse culture. It covers a total area of approximately 30,689 square kilometers and has a population of over 11.5 million people as of the latest available data.
Belgium is divided into ten provinces, each with its own provincial capital and population:
Antwerp - Population: Approximately 1.9 million - Provincial Capital: Antwerp
Flemish Brabant - Population: Around 1.1 million - Provincial Capital: Leuven
Walloon Brabant - Population: Over 400,000 - Provincial Capital: Wavre
Hainaut - Population: Approximately 1.3 million - Provincial Capital: Mons
Liège - Population: Around 1.1 million - Provincial Capital: Liège
Limburg - Population: Over 870,000 - Provincial Capital: Hasselt
Luxembourg - Population: Around 285,000 - Provincial Capital: Arlon
Namur - Population: Approximately 500,000 - Provincial Capital: Namur
East Flanders - Population: Over 1.5 million - Provincial Capital: Ghent
West Flanders - Population: Approximately 1.2 million - Provincial Capital: Bruges
Top Five Cities in Belgium
Belgium has several vibrant cities, with the following five being the most populous:
Brussels - Population: Over 1.2 million
Antwerp - Population: Approximately 530,000
Ghent - Population: Around 260,000
Charleroi - Population: Over 200,000
Liège - Population: Approximately 195,000
Economy of Belgium in Figures
Gross Domestic Product (GDP): Belgium has a GDP of approximately 620 billion USD, making it one of the wealthiest nations in Europe.
GDP Growth: The GDP growth rate for Belgium is around 1.8% per year, reflecting steady economic progress despite global challenges.
GDP per Capita: Belgium's GDP per capita stands at roughly 53,000 USD, indicating a high standard of living and economic well-being for its residents.
Exports and Imports: Belgium is a major trading hub, with exports totaling around 450 billion USD and imports at approximately 430 billion USD annually. Key exports include machinery, chemicals, and diamonds. Learn more
Unemployment Rate: The unemployment rate in Belgium is about 5.7%, relatively low compared to other European countries, indicating a stable labor market.
Ease of Doing Business: Belgium ranks 46th in the world for ease of doing business, offering a favorable environment for foreign and domestic enterprises. Ease of Doing Business Report
Key Sectors: The economy of Belgium is diverse, with key sectors including manufacturing (especially automobiles and machinery), chemicals, pharmaceuticals, and financial services. The country is also a significant player in the diamond trade and logistics due to its central location in Europe.
The key sectors of the Belgian economy include manufacturing, services, finance, and international trade. Belgium is known for its high-quality products and plays a significant role in the European and global economy.
Ten Top Companies in Belgium
Belgium is home to several prominent companies known for their contributions to various industries. Here are ten of the top companies in Belgium:
Anheuser-Busch InBev - An international brewing company with a strong presence in the global beer market. Capital: Over 200 billion USD. Official Website
KBC Group - A leading Belgian banking and insurance company offering a range of financial services. Capital: Approximately 29 billion USD. Official Website
Solvay - A chemical company known for its expertise in advanced materials and specialty chemicals. Capital: Over 13 billion USD. Official Website
Umicore - Specializes in materials technology, particularly in areas like recycling and clean mobility. Capital: Approximately 17 billion USD. Official Website
Engie - A multinational utility company focusing on electricity, natural gas, and energy services. Capital: Over 40 billion USD. Official Website
Proximus - A major telecommunications company in Belgium, offering telecommunication and digital services. Capital: Approximately 11 billion USD. Official Website
UCB - A biopharmaceutical company specializing in the development of medications for severe diseases. Capital: Over 11 billion USD. Official Website
Cofinimmo - A real estate company that invests in healthcare and offices properties. Capital: Approximately 3 billion USD. Official Website
Ontex Group - A manufacturer of personal hygiene products, including diapers and feminine care items. Capital: Over 1 billion USD. Official Website
Elia Group - A transmission system operator for electricity in Belgium, ensuring a reliable power supply. Capital: Approximately 5 billion USD. Official Website
Ten Top Banks in Belgium
Belgium's financial sector is home to several notable banks. Here are ten of the top banks in Belgium:
KBC Bank - A prominent Belgian bank offering a wide range of financial services. Capital: Over 30 billion USD. Official Website
BNP Paribas Fortis - A leading bank in Belgium, part of the BNP Paribas Group. Capital: Approximately 22 billion USD. Official Website
Belfius Bank - A major retail bank with a strong presence in Belgium. Capital: Over 5 billion USD. Official Website
ING Belgium - Part of the ING Group, offering banking and financial services. Capital: Approximately 15 billion USD. Official Website
Deutsche Bank Belgium - A subsidiary of Deutsche Bank, providing a range of banking services. Capital: Over 500 million USD. Official Website
CBC Banque - A Belgian bank that caters to both individual and corporate clients. Capital: Approximately 1 billion USD. Official Website
AXA Bank Belgium - A bank with a focus on insurance and banking services. Capital: Over 1 billion USD. Official Website
Euroclear Bank - A financial institution specializing in the settlement of securities transactions. Capital: Approximately 700
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