The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Belgium  
Rank: 20 · Score: 79.6  

Basic facts, 2017        
Population (millions) 11.3   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 466.4   M&A volume (quartile) Top
GDP per capita (US$) 41,271.4   Venture capital investments (quartile) Top
GDP growth (per cent) 1.6   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 20 109, 108, 107, 106, 105 79.6
1 Economic Activity 44 86, 78, 84, 81, 81 80.6
2 Depth of Capital Market 27 94, 94, 95, 98, 98 73.8
3 Taxation 18 107, 107, 107, 108, 107 109.5
4 Investor Protection and Corporate Governance 15 108, 106, 108, 110, 110 88.6
5 Human and Social Environment 22 113, 108, 107, 107, 103 69.9
6 Entrepreneurial Opportunities 15 111, 111, 108, 111, 110 83.7


 
Historic performance, 2014-2018   Key driver performance, 2018

   

VCPE Rank  
VC Rank  
PE Rank
Belgium  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Switzerland 83.0 79.5 108.7 71.3 87.8 85.0
Finland 78.3 75.5 120.9 100.9 70.4 85.4
Ireland 84.3 63.1 121.1 95.8 92.1 80.7
Belgium 80.6 73.8 109.5 88.6 69.9 83.7
France 85.5 82.0 108.4 82.5 48.7 87.3
Austria 84.0 67.7 115.7 87.1 67.9 80.6
Spain 72.3 77.4 112.4 73.8 55.7 74.1
Last updated: 3 Feb 2018