Bank concentration in Belgium
Belgium: Bank concentration was 68.0% in 2021. ▼ Falling
Bank concentration in Belgium, 2000–2021
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 169 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.
Averages by decade
| Decade | Average | Lowest | Highest | 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
More financial sector data for Belgium
- Domestic credit to private sector by banks 66.8% (2024)
- Total reserves in months of imports 1.01 (2025)
- Net domestic credit 762.57 billion current LCU (2024)
- Net foreign assets 180.33 billion current LCU (2024)
- Monetary Sector credit to private sector 68.1% (2024)
- Claims on central government, etc. 21.2% (2024)
- Domestic credit to private sector 68.1% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 31,989 (2025)
- GDP deflator: linked series 120.8 base year varies by country (2025)
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 169 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.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.