Bank concentration (%) in Belgium

Belgium: Bank concentration (%) was 68.0% in 2021. ▼ Falling

Latest (2021)
68.0%
Change on year
up 5.8%
World rank
99th
of 170 countries
All-time high
93.7%
in 2008
All-time low
60.4%
in 2015
Years of data
22
2000–2021

Bank concentration in Belgium, 2000–2021

0204060801002000201020212000: 85.2 %2001: 80.1 %2002: 86.1 %2003: 80.1 %2004: 80.7 %2005: 81.1 %2006: 80.9 %2007: 82.8 %2008: 93.7 %2009: 91.8 %2010: 89.6 %2011: 85.1 %2012: 80.8 %2013: 79.8 %2014: 88.9 %2015: 60.4 %2016: 62.9 %2017: 62.9 %2018: 62.9 %2019: 62.3 %2020: 64.3 %2021: 68 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

Belgium recorded 68.0% for bank concentration in 2021.

That represents a change of up 5.8% on the previous year and down 20.0% over ten years.

Over the whole period, bank concentration in Belgium peaked at 93.7% in 2008 and was at its lowest, 60.4%, in 2015.

Belgium ranks 99th of 170 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Bank concentration (%) in Belgium, year by year

Annual values for Bank concentration (%) in Belgium, 2000 to 2021.
Year % Change
2000 85.2% —
2001 80.1% -6.0%
2002 86.1% +7.5%
2003 80.1% -7.0%
2004 80.7% +0.7%
2005 81.1% +0.5%
2006 80.9% -0.3%
2007 82.8% +2.3%
2008 93.7% +13.2%
2009 91.8% -2.0%
2010 89.6% -2.4%
2011 85.1% -5.1%
2012 80.8% -5.1%
2013 79.8% -1.2%
2014 88.9% +11.3%
2015 60.4% -32.0%
2016 62.9% +4.1%
2017 62.9% -0.0%
2018 62.9% -0.0%
2019 62.3% -0.9%
2020 64.3% +3.2%
2021 68.0% +5.8%

Belgium compared with similar countries

  • Belgium's 68.0% is below the median for high income countries, which is 73.1%, 93% of the median. (63 countries reporting)
  • Belgium's 68.0% is below the median for Europe & Central Asia, which is 68.9%, 99% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where Bank concentration (%) in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 -32.0% 88.9% 60.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 84.3% 80.1% 93.7% 10
2010s 73.6% 60.4% 89.6% 10
2020s 66.2% 64.3% 68.0% 2

Countries ranked near Belgium

  1. 96 Angola 68.4% compare
  2. 97 Cote d'Ivoire 68.3% compare
  3. 98 Azerbaijan 68.2% compare
  4. 100 Romania 67.4% compare
  5. 101 Uganda 67.3% compare
  6. 102 Croatia 66.8% compare

See the full ranking of 170 places →

More financial sector data for Belgium

All data for Belgium →

Frequently asked questions

What is bank concentration in Belgium?
Bank concentration in Belgium was 68.0% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank concentration recorded in Belgium?
The highest recorded value was 93.7% in 2008.
What is the lowest bank concentration recorded in Belgium?
The lowest recorded value was 60.4% in 2015.
How does Belgium rank for bank concentration?
Belgium ranks 99th out of 170 countries with data for 2021.
Is bank concentration rising or falling in Belgium?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this Belgium data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.

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Bank concentration in Belgium. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 10 November 2026, from https://financial-sector.statizoid.com/stat/bank-concentration-percent/belgium/

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About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,314 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.