Belgium Country Profile

BELGIUM Relations with the International Community Belgium plays an active role in a number of international organisations, including the EU, the UN and NATO. Belgium has been elected as a non-permanent penis of the UN Security Council for 2007-2009. As a former colonial power, Belgium excessively maintains close links to Central Africa, especially the Democratic majority rule of Congo, Rwanda and Burundi. ECONOMY Basic Economic Facts Nominal gross domestic product: €311.53 bn in 2006 GDP per capita: €30,017 (2006) Real GDP Growth: 1.1% (2008); -2.5% (forecast 2009)  Public debt: 88.7% (2008); 94.8% (forecast 2009) Inflation: 4.5% (2008); 0.5% (forecast 2009) Unemployment send: 7.1% (2008); 8.8% (forecast 2009) Major Industries: basic metals, chemicals, fabricated metal products, motor vehicle assembly, processed food and beverages. ------------------------------------------------- Main branches of industry (continued) Agriculture contributes a small amount to the Belgian economy. The industrial arena accounts for a lot a fourth of the GDP. There are significant discrepancies between the three Belgian regions in this field; Flanders, Wallonia and the capital, Brussels.

If Flanders has succeeded in growth the second largest petro-chemical sector in the world, Wallonia is in the middle of restructuring side by side(p) the closure of collieries and a large number of steel industries. Currently, the Belgian economy is more orientated towards services. In effect, the tertiary sector accounts for almost three fourths of the national wealth. Brussels which domiciles big European organizations, a number of diplomatic missions and different interest groups, has created an economy which is based essentially on services. ------------------------------------------------- International trade Belgiums trade shortfall is gradually worsening. Belgian international trade is primarily make within the European Union (nearly 80% of exports and imports). More than... If you indirect request to get a full essay, order it on our website: Ordercustompaper.com

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