KPI |
2023 - Belgium |
Weight |
Best |
Worst |
Aspirational value |
Current Value |
Institutional environment
Rank 29 / Score 68.62 |
Operational stability for businesses |
Initial Value: 0.5
|
4.00 |
0.40 |
Worst: Lebanon 4.00 Best: Singapore 0.40
69.44% |
1.5Value: 1.5
|
Government effectiveness |
Initial Value: 1
|
2.29 |
-1.33 |
Worst: Burundi -1.33 Best: Singapore 2.29
67.82% |
1.13Value: 1.1250902
|
Regulatory environment
Rank 31 / Score 77.32 |
Regulatory quality |
Initial Value: 0.5
|
2.23 |
-1.62 |
Worst: Iran, Islamic Rep. -1.62 Best: Singapore 2.23
76.95% |
1.34Value: 1.3424727
|
Rule of law |
Initial Value: 0.5
|
2.06 |
-1.36 |
Worst: Nicaragua -1.36 Best: Finland 2.06
78.54% |
1.33Value: 1.325959
|
Cost of redundancy dismissal |
Initial Value: 1
|
58.50 |
8.00 |
Worst: Sri Lanka 58.50 Best: Austria 8.00
76.9% |
19.67Value: 19.66667
|
Business Environment
Rank 35 / Score 58.87 |
Policies for doing business |
Initial Value: 1
|
6.42 |
1.67 |
Worst: Argentina 1.67 Best: Switzerland 6.42
66.06% |
4.81Value: 4.8076761484
|
Entrepreneurship policies and culture |
Initial Value: 1
|
6.72 |
3.22 |
Worst: Mozambique 3.22 Best: United Arab Emirates 6.72
51.58% |
5.03Value: 5.0253439153
|
Education
Rank 6 / Score 69.61 |
Expenditure on education |
Initial Value: 1
|
9.52 |
1.67 |
Worst: Cambodia 1.67 Best: Namibia 9.52
59.42% |
6.33Value: 6.3343801498
|
Government funding per secondary student |
Initial Value: 1
|
51.06 |
5.41 |
Worst: Guatemala 5.41 Best: Tunisia 51.06
39.25% |
23.33Value: 23.326250076
|
School life expectancy |
Initial Value: 1
|
21.05 |
6.41 |
Worst: Niger 6.41 Best: Australia 21.05
88.4% |
19.35Value: 19.352079391
|
PISA scales in reading, math and science |
Initial Value: 0.5
|
579.03 |
334.12 |
Worst: Dominican Republic 334.12 Best: China 579.03
67.69% |
499.9Value: 499.90262407
|
Pupil-teacher ratio, secondary |
Initial Value: 0.5
|
45.18 |
6.11 |
Worst: Mozambique 45.18 Best: Croatia 6.11
93.31% |
8.72Value: 8.724703663
|
Tertiary Education
Rank 48 / Score 34.93 |
Tertiary enrolment |
Initial Value: 1
|
150.88 |
4.37 |
Worst: Niger 4.37 Best: Greece 150.88
52.23% |
80.89Value: 80.888748169
|
Graduates in Science and engineering |
Initial Value: 1
|
43.53 |
8.92 |
Worst: Namibia 8.92 Best: Malaysia 43.53
25.03% |
17.58Value: 17.582999858
|
Tertiary inbound mobility |
Initial Value: 0.5
|
70.27 |
0.10 |
Worst: Indonesia 0.10 Best: United Arab Emirates 70.27
14.64% |
10.38Value: 10.376040459
|
Research and Development
Rank 13 / Score 61.57 |
Researchers FTE |
Initial Value: 1
|
9640.25 |
13.92 |
Worst: Guatemala 13.92 Best: Sweden 9640.25
68.46% |
6604.37Value: 6604.3737619
|
Gross expenditure on R&D (GERD) |
Initial Value: 1
|
5.56 |
0.01 |
Worst: Mauritania 0.01 Best: Israel 5.56
57.76% |
3.22Value: 3.2155077307
|
Global RnD companies, average expenditure, top 3 |
Initial Value: 1
|
28099.99 |
0.00 |
Worst: Albania 0.00 Best: United States 28099.99
2.88% |
810.19Value: 810.19339867
|
QS university ranking average score of top 3 universities |
Initial Value: 1
|
98.70 |
0.00 |
Worst: Albania 0.00 Best: United States 98.70
54.64% |
53.93Value: 53.933333333
|
ICTs
Rank 64 / Score 70.86 |
ICT access |
Initial Value: 1
|
9.98 |
3.39 |
Worst: Niger 3.39 Best: Singapore 9.98
84.73% |
8.97Value: 8.9735302597
|
ICT use |
Initial Value: 1
|
8.89 |
0.48 |
Worst: Burundi 0.48 Best: Switzerland 8.89
88.81% |
7.95Value: 7.9491041408
|
Government online service |
Initial Value: 1
|
1.00 |
0.10 |
Worst: Mauritania 0.10 Best: Estonia 1.00
65.54% |
0.69Value: 0.6899
|
online e-participation |
Initial Value: 1
|
1.00 |
0.02 |
Worst: Mauritania 0.02 Best: Japan 1.00
44.34% |
0.45Value: 0.4545
|
General Infrastructure
Rank 17 / Score 50.27 |
Electricity output |
Initial Value: 0.5
|
52600.54 |
26.44 |
Worst: Niger 26.44 Best: Iceland 52600.54
16.23% |
8560.7Value: 8560.704116
|
Logistics performance |
Initial Value: 0.5
|
4.30 |
2.10 |
Worst: Angola 2.10 Best: Singapore 4.30
86.36% |
4Value: 4
|
Gross capital formation |
Initial Value: 1
|
73.06 |
11.85 |
Worst: Egypt 11.85 Best: Mozambique 73.06
20.84% |
24.6Value: 24.605
|
Ecological sustainability
Rank 41 / Score 33.81 |
GDP per unit of energy use |
Initial Value: 1
|
36.34 |
2.16 |
Worst: Trinidad and Tobago 2.16 Best: Ireland 36.34
23.09% |
10.05Value: 10.053
|
Environmental performance |
Initial Value: 1
|
77.90 |
18.90 |
Worst: India 18.90 Best: Denmark 77.90
66.61% |
58.2Value: 58.2
|
ISO 14001 environmental certificates |
Initial Value: 1
|
12.73 |
0.06 |
Worst: Ethiopia 0.06 Best: Bulgaria 12.73
11.76% |
1.55Value: 1.5502417892
|
Credit
Rank 23 / Score 55.96 |
Finance for startups and scaleups |
Initial Value: 1
|
6.90 |
2.23 |
Worst: Mozambique 2.23 Best: Finland 6.90
84.33% |
6.17Value: 6.1683333333
|
Domestic credit to private sector |
Initial Value: 1
|
258.91 |
5.42 |
Worst: Zimbabwe 5.42 Best: Hong Kong SAR 258.91
27.56% |
75.28Value: 75.28364515
|
Loans from microfinance institutions, % GDP |
Initial Value: 1
|
28.71 |
0.00 |
Worst: Iceland 0.00 Best: Cambodia 28.71
0% |
N/AValue: N/A
|
Investment
Rank 32 / Score 22.5 |
Venture capital received, value, % GDP |
Initial Value: 1
|
0.02 |
0.00 |
Worst: Burkina Faso 0.00 Best: Estonia 0.02
8.34% |
0Value: 0.0016673354099
|
Market capitalization |
Initial Value: 1
|
1394.19 |
0.23 |
Worst: Algeria 0.23 Best: Hong Kong SAR 1394.19
5.38% |
75.2Value: 75.203172774
|
Venture capital investors, deals |
Initial Value: 1
|
2.20 |
0.00 |
Worst: Kazakhstan 0.00 Best: Mauritius 2.20
13.1% |
0.29Value: 0.28813564993
|
Venture capital recipients, deals |
Initial Value: 1
|
0.90 |
0.00 |
Worst: Algeria 0.00 Best: Singapore 0.90
10.2% |
0.09Value: 0.091769900633
|
Trade, competition, and market scale
Rank 27 / Score 65.24 |
Applied tariff rate, weighted average |
Initial Value: 0.5
|
15.46 |
0.00 |
Worst: Cameroon 15.46 Best: Hong Kong SAR 0.00
90.43% |
1.48Value: 1.48
|
Domestic industry diversification |
Initial Value: 1
|
0.80 |
0.08 |
Worst: Burundi 0.80 Best: Portugal 0.08
89.85% |
0.15Value: 0.153087929
|
Domestic market scale |
Initial Value: 1
|
30074.38 |
4.82 |
Worst: Cape Verde 4.82 Best: China 30074.38
2.39% |
723.09Value: 723.09
|
Knowledge workers
Rank 4 / Score 74.2 |
Knowledge-intensive employment |
Initial Value: 1
|
64.13 |
2.75 |
Worst: Burundi 2.75 Best: Luxembourg 64.13
75.63% |
49.17Value: 49.169388614
|
Firms offering formal training |
Initial Value: 1
|
73.70 |
7.70 |
Worst: Indonesia 7.70 Best: Ecuador 73.70
75.91% |
57.8Value: 57.8
|
GERD performed by business enterprise |
Initial Value: 1
|
5.06 |
0.00 |
Worst: Panama 0.00 Best: Israel 5.06
47.89% |
2.42Value: 2.4233537724
|
GERD financed by business enterprise |
Initial Value: 1
|
80.84 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Thailand 80.84
79.53% |
64.29Value: 64.289613338
|
Females employed with advanced degrees |
Initial Value: 0.5
|
30.79 |
0.15 |
Worst: Tanzania 0.15 Best: Lithuania 30.79
92.02% |
28.34Value: 28.344182437
|
Innovation linkage
Rank 13 / Score 60.98 |
University/industry research collaboration |
Initial Value: 0.5
|
5.63 |
2.25 |
Worst: Angola 2.25 Best: Israel 5.63
85.12% |
5.13Value: 5.127202011
|
State of cluster development |
Initial Value: 1
|
5.56 |
2.72 |
Worst: Burkina Faso 2.72 Best: United States 5.56
74.01% |
4.82Value: 4.8219469176
|
GERD financed by abroad |
Initial Value: 1
|
2.86 |
0.00 |
Worst: Azerbaijan 0.00 Best: Israel 2.86
16.22% |
0.46Value: 0.46402045266
|
Joint venture/strategic alliance deals |
Initial Value: 1
|
0.34 |
0.00 |
Worst: Iran, Islamic Rep. 0.00 Best: Malta 0.34
17.11% |
0.06Value: 0.058182010457
|
Patent families filed in two offices |
Initial Value: 1
|
12.97 |
0.00 |
Worst: Angola 0.00 Best: Japan 12.97
19.12% |
2.48Value: 2.4803399412
|
Knowledge absorption
Rank 29 / Score 47.3 |
Intellectual property payments |
Initial Value: 1
|
20.42 |
0.00 |
Worst: Armenia 0.00 Best: Ireland 20.42
3.53% |
0.72Value: 0.71981426829
|
High tech imports |
Initial Value: 1
|
59.14 |
1.69 |
Worst: Luxembourg 1.69 Best: Hong Kong SAR 59.14
13.12% |
9.23Value: 9.2254042024
|
ICT services imports |
Initial Value: 0.5
|
13.89 |
0.02 |
Worst: Paraguay 0.02 Best: Cyprus 13.89
20.64% |
2.88Value: 2.8825045192
|
Foreign direct investment net inflows |
Initial Value: 0.5
|
60.98 |
-13.20 |
Worst: Netherlands -13.20 Best: Hungary 60.98
15.74% |
-1.53Value: -1.5265763688
|
Research talent in business enterprise |
Initial Value: 1
|
82.94 |
0.30 |
Worst: Mozambique 0.30 Best: Korea, Rep. 82.94
77.41% |
64.27Value: 64.26905336
|
knowledge creation
Rank 13 / Score 50.07 |
Patent applications by origin |
Initial Value: 1
|
73.99 |
0.00 |
Worst: Honduras 0.00 Best: Korea, Rep. 73.99
6.73% |
4.98Value: 4.9829200366
|
PCT applications by origin |
Initial Value: 0.5
|
8.24 |
0.00 |
Worst: Angola 0.00 Best: Japan 8.24
21.9% |
1.8Value: 1.8047545949
|
Utility models by origin |
Initial Value: 1
|
104.56 |
0.00 |
Worst: Benin 0.00 Best: China 104.56
0% |
n/aValue: n/a
|
Scientific and technical publications |
Initial Value: 1
|
50.79 |
0.58 |
Worst: Angola 0.58 Best: Iceland 50.79
59.39% |
30.4Value: 30.398705555
|
Citable documents H index |
Initial Value: 1
|
2898.00 |
43.00 |
Worst: Cape Verde 43.00 Best: United States 2898.00
34.05% |
1015Value: 1015
|
Knowledge Impact
Rank 18 / Score 49.1 |
Labor productivity growth |
Initial Value: 1
|
6.02 |
-4.86 |
Worst: Lebanon -4.86 Best: China 6.02
46.16% |
0.16Value: 0.16186361308
|
Unicorn valuation |
Initial Value: 1
|
23.84 |
0.00 |
Worst: Albania 0.00 Best: Estonia 23.84
7.09% |
1.69Value: 1.6891693744
|
Total computer software spending |
Initial Value: 1
|
1.05 |
0.01 |
Worst: Ethiopia 0.01 Best: United States 1.05
62.99% |
0.67Value: 0.66508102478
|
High-tech manufacturing |
Initial Value: 1
|
78.53 |
1.85 |
Worst: Kyrgyz Republic 1.85 Best: Singapore 78.53
57.4% |
45.86Value: 45.86279509
|
Knowledge diffusion
Rank 33 / Score 41.1 |
IP receipts |
Initial Value: 0.5
|
6.48 |
0.00 |
Worst: Armenia 0.00 Best: Netherlands 6.48
13.73% |
0.89Value: 0.88985924177
|
High Tech exports |
Initial Value: 1
|
44.66 |
0.01 |
Worst: Cape Verde 0.01 Best: Malaysia 44.66
26.64% |
11.91Value: 11.905150816
|
ICT services export |
Initial Value: 1
|
35.21 |
0.01 |
Worst: Benin 0.01 Best: Ireland 35.21
9.85% |
3.48Value: 3.4773876566
|
ISO 9001 quality/bn PPP$ GDP |
Initial Value: 1
|
37.40 |
0.10 |
Worst: Tajikistan 0.10 Best: Bulgaria 37.40
11.3% |
4.32Value: 4.3154969572
|
Production and export complexity |
Initial Value: 0.5
|
2.27 |
-2.51 |
Worst: Angola -2.51 Best: Japan 2.27
76.21% |
1.13Value: 1.133012
|
Intangible Assets
Rank 44 / Score 39.34 |
Intangible asset intensity, top 15, % |
Initial Value: 1
|
93.40 |
-181.36 |
Worst: Montenegro -181.36 Best: United States 93.40
88.59% |
62.06Value: 62.061446919
|
Trademark application class count by origin |
Initial Value: 1
|
445.16 |
1.43 |
Worst: Niger 1.43 Best: Mongolia 445.16
7.41% |
34.3Value: 34.296445062
|
Industrial design by origin |
Initial Value: 0.5
|
32.41 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Mongolia 32.41
6.88% |
2.23Value: 2.2313167044
|
Global brand value, top 5,000 |
Initial Value: 1
|
27.56 |
0.00 |
Worst: Albania 0.00 Best: Hong Kong SAR 27.56
17.45% |
4.81Value: 4.8095293954
|
Creative Goods
Rank 36 / Score 26.96 |
Cultural and creative services exports |
Initial Value: 0.5
|
14.25 |
0.00 |
Worst: Benin 0.00 Best: Malta 14.25
8.85% |
1.26Value: 1.2613044154
|
National feature films produced |
Initial Value: 0.5
|
37.91 |
0.05 |
Worst: Pakistan 0.05 Best: Iceland 37.91
8.72% |
3.35Value: 3.3501176295
|
Entertainment and media market |
Initial Value: 0.5
|
3.50 |
0.02 |
Worst: Pakistan 0.02 Best: United States 3.50
50.49% |
1.78Value: 1.7769123569
|
Creative goods exports |
Initial Value: 1
|
12.71 |
0.00 |
Worst: Mauritania 0.00 Best: Hong Kong SAR 12.71
6.95% |
0.88Value: 0.88345430097
|
Online creativity
Rank 22 / Score 52.05 |
Generic TLD |
Initial Value: 1
|
423.69 |
0.05 |
Worst: Uzbekistan 0.05 Best: United States 423.69
15.22% |
64.52Value: 64.515893562
|
Country code TLD |
Initial Value: 1
|
2701.89 |
0.03 |
Worst: Ethiopia 0.03 Best: Montenegro 2701.89
7.98% |
215.63Value: 215.62993496
|
GitHub commits/mn pop. 15–69 |
Initial Value: 1
|
18874723.79 |
2364.30 |
Worst: Niger 2364.30 Best: Hong Kong SAR 18874723.79
17.91% |
3382639.52Value: 3382639.5175
|
Mobile apps creation |
Initial Value: 1
|
77113978.63 |
0.04 |
Worst: Madagascar 0.04 Best: Cyprus 77113978.63
0.1% |
75741.9Value: 75741.904028
|