Total factoring volume to GDP in Belgium
Belgium: Total factoring volume to GDP was 19.5% in 2020. β² Rising
Total factoring volume to GDP in Belgium, 2007β2020
Source: Factors Chain International. Measured in %.
Analysis
Belgium recorded 19.5% for total factoring volume to gdp in 2020. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 120.6% over ten years.
Over the whole period, total factoring volume to gdp in Belgium peaked at 19.5% in 2020 and was at its lowest, 5.6%, in 2007.
Belgium ranks 1st of 72 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.3% | 5.6% | 6.9% | 3 |
| 2010s | 13.4% | 8.8% | 17.9% | 10 |
| 2020s | 19.5% | 19.5% | 19.5% | 1 |
Countries ranked near Belgium
More financial sector data for Belgium
- Net domestic credit (current LCU), per capita 64,305 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 1.14 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 1.17 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 255.88 million SDR (2025)
- Gold reserves at market value 23.32 billion SDR (2025)
- Reserves excluding gold, foreign exchange 4.74 billion SDR (2025)
- Reserves excluding gold 17.86 billion SDR (2025)
- Total reserves (gold at market value) 41.18 billion SDR (2025)
- Total reserves (gold at national valuation) 40.88 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,423 SDR per person (2025)
Frequently asked questions
- What is total factoring volume to gdp in Belgium?
- Total factoring volume to gdp in Belgium was 19.5% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Belgium?
- The highest recorded value was 19.5% in 2020.
- What is the lowest total factoring volume to gdp recorded in Belgium?
- The lowest recorded value was 5.6% in 2007.
- How does Belgium rank for total factoring volume to gdp?
- Belgium ranks 1st out of 72 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Belgium?
- Over the last ten years it is up 120.6%. The long-run trend across the full record is rising.
- Where does this Belgium data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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CSV Β· JSON β 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.