What is Belgium main source of income?
Despite the heavy industrial component, services account for 74.9% of GDP, while agriculture accounts for only 1% of GDP.
With exports equivalent to over two-thirds of GNP, Belgium depends heavily on world trade..
Why is Belgium so rich?
It is heavily dependent on international trade and most of its economic sectors are geared toward exporting products. The nation’s exports are equivalent to almost two-thirds of its GNP. On a per capita basis, Belgium exports twice as much as Germany and 5 times as much as Japan.
Is Belgium a rich country?
What does it mean for a nation to be rich? GDP per capita adjusted for relative purchasing power provides a clue into that….Advertisement.RankCountryGDP-PPP ($)24Canada48,24625Belgium49,52926Finland47,97527Malta47,405143 more rows•30 Jul 2020
What is the name of the wealthier northern part of Belgium?
Belgium’s Flemish-speaking region in the north is wealthier than the south, aided by major trading cities such as Antwerp. The Flemish nationalist party, or the N-VA, enjoys broad political support and has pushed for gradual secession from Belgium on the grounds that it subsidizes Wallonia.