Total factoring volume to GDP (%) in Belgium
Belgium: Total factoring volume to GDP (%) was 19.5% in 2020. ▲ Rising
Total factoring volume to GDP in Belgium, 2007–2020
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 73 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Total factoring volume to GDP (%) in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 5.6% | — |
| 2008 | 6.4% | +14.1% |
| 2009 | 6.9% | +7.9% |
| 2010 | 8.8% | +28.6% |
| 2011 | 10.1% | +14.3% |
| 2012 | 11.2% | +11.4% |
| 2013 | 12.6% | +12.3% |
| 2014 | 12.6% | -0.3% |
| 2015 | 14.4% | +14.6% |
| 2016 | 13.9% | -3.4% |
| 2017 | 16.7% | +19.6% |
| 2018 | 16.1% | -3.4% |
| 2019 | 17.9% | +11.1% |
| 2020 | 19.5% | +8.9% |
Belgium compared with similar countries
- Belgium's 19.5% is above the median for high income countries, which is 5.9%, 3.3× the median. (44 countries reporting)
- Belgium's 19.5% is above the median for Europe & Central Asia, which is 5.9%, 3.3× the median. (38 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 193.33 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.35 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 141.16 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.78 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0032 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 193.33 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.35 % change on previous year (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 73 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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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.