Belgium vs Spain: Total factoring volume to GDP

Belgium
19.5%
in 2020
Spain
17.5%
in 2020
Belgium rank
1st
Spain rank
2nd

Total factoring volume to GDP over time

  • Belgium
  • Spain
5101520200720132020

How they compare

Belgium currently reports 19.5% against 17.5% in Spain, a difference of 2.0%.

That makes Belgium's figure about 1.1 times Spain's.

The two have swapped places 1 time across 14 shared years of data; in 2007 it was Spain ahead.

Belgium ranks 1st and Spain ranks 2nd of 73 countries.

Across the 3 decades both report, Belgium averaged higher in 2 and Spain in 1.

Head to head by decade

Decade Belgium Spain Difference Ahead
2000s 6.3% 8.8% 2.5% Spain
2010s 13.4% 11.9% 1.5% Belgium
2020s 19.5% 17.5% 2.0% Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Belgium or Spain?
Belgium, at 19.5% against 17.5% in Spain as of 2020.
What is the difference in total factoring volume to gdp between Belgium and Spain?
2.0%, with Belgium ahead.
How many years of comparable data are there for Belgium and Spain?
14 years are reported by both, from 2007 to 2020.
How do Belgium and Spain rank globally for total factoring volume to gdp?
Belgium ranks 1st and Spain ranks 2nd of 73 countries.
Where does this data come from?
Factors Chain International, published as Total factoring volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Spain: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 26 August 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/belgium/spain/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.