The economy of Belgium comes under the High Income OECD group according to the classification
of Economies by region and income FY 2005 made by the World Bank.
The country covers an area of 30,510.0 Square Kilometers in the year 2003. The Economy follows a highly developed market economy being a member of the OECD, a group of leading industrialized democracies.
DEMOGRAPHY AND SOCIAL INDICATORS:
The
total population of Belgium in the year 2004 was 10.4 millions in comparison to 10.3 millions in the year 2000.The annual growth rate of population was 0.3 percent in the year 2004.
The
growth rate of population has declined in the year 2004 in comparison to the previous year.
The
life expectancy rate of Belgium in the year 2003 is calculated at 78.3 years.