Flemish investment ratio picks up to 26.3% in 2021
The Flemish total investment ratio for 2021 is estimated at 26.3%. This means that the investments in the Flemish Region accounted for just over a quarter of the gross domestic product (GDP). That is the highest value since 2010 and a clear pickup after the slump in 2020 due to the COVID-19 crisis.
A breakdown between private and public investment makes it clear that the majority of the investments comes from the private sector. This is 23.7% of the GDP in 2021. For the public sector this is 2.6%. Although smaller in size, public investment, unlike private investment, did not decline in 2020.
Flemish Region investment ratio among highest in the EU
The total investment ratio is very similar in the Flemish Region and the Walloon Region (26.3% and 25.0% in 2021). The ratio is lower in the Brussels-Capital Region (19.8%). The Flemish investment ratio is amongst the highest in the EU27. Only Ireland, Hungary and Estonia have a higher ratio in 2021. At 24.2%, Belgium is above the EU27 average of 21.9%. The investment ratio is lowest in Greece (12.4%).