Belgium: Competitiveness - World Economic Forum index (1-7)
For that indicator, The World Economic Forum provides data for Belgium from 2006 to 2017. The average value for Belgium during that period was 5.16 points with a minumum of 5.06 points in 2006 and a maximum of 5.25 points in 2016.
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Definition: The Global Competitiveness index is composed of 12 pillars of competitiveness. The pillars are organized as followed: Basic requirements (Institutions, Infrastructure, Macroeconomic Stability, Health and Primary Education); Efficiency enhancers (Higher Education and Training, Goods Market Efficiency, Labour Market Efficiency, Financial Market Sophistication, Technological Readiness, Market Size), and Innovation and sophistication factors (Business Sophistication, Innovation).