Belgium, with a population of approximately 11.5 million (2023), is a key player in the European economy, renowned for its rich history and cultural diversity. The country’s economy is characterized by a highly developed and diverse industrial base, including sectors such as manufacturing, services, and trade. Belgium is a leading exporter of machinery, chemicals, and pharmaceuticals, leveraging its central location in Europe to facilitate trade. Additionally, its vibrant financial services sector contributes significantly to the economy. With a GDP of around $590 billion and a per capita income of approximately $51,000 (2023), Belgium ranks among the wealthiest nations in the world. The country is also known for its strong commitment to international cooperation, hosting major institutions such as the European Union and NATO, enhancing its global economic influence.
The Belgian government and business sector can collaborate with the World Business Council to promote innovation, enhance sustainable practices, and strengthen international trade relations, positioning Belgium as a leader in global economic development.
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