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Browse Profiles > Belgium > Business Indicators |
| Score | Rank | |
| Standards Compliance Index | 60.83 out of 100 | 11 |
| Business Indicator Index | 10.98 out of 12 | 3 |
Belgium| Business Indicators |  |
With an overall score or 10.98 out of 12, Belgium is at standard on the economic, legal, and political indicators that make up our Business Index. Belgium is a market-based economy. The country strongly depends on world trade, with exports amounting to over two-thirds of GNP. Belgium's geographic location and multilingual, highly skilled, and productive labor force have all contributed to the country's global economic standing. Belgium is attractive for foreign investors since domestic and foreign investors face the same restrictions and are offered the same regional and national incentives. There are no limits on the purchase of real estate, residents' and non-residents' accounts, repatriation of profit, or transfer of capital. However, the income tax rate in Belgium is one of the highest in the world, as is its corporate tax rate. Property and intellectual property rights are well protected, and contracts are binding. Corruption is of no concern to investors since Belgium ranks 21st out of 180 countries in the Transparency International's 2007 Corruption Perceptions Index.
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Business Indicators |
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