Summary
Brussels metropolitan region is the most populous among the three Belgium regions and de facto capital of the European Union. The city with strong presence of service sector is a key contributor to the Belgium economy contributing around 30.0% of the national GDP. The region's economy is dominated by tourism, financial intermediation, real estate; wholesale and retail trade; hotels and restaurants.
Synopsis
“City Profile - Brussels” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Brussels. The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Scope
- The service sectors remain the key contributors to the regional economy - and the major employers.
- Despite the strong economy the region is experiencing slightly higher unemployment rate of 11.1% and is projected to ease over the next three years.
- Brussels is one of the key tourist destinations in Europe, for both domestic and international tourists. The tourism and hospitality sectors experienced healthy growth in 2017. Strong performance is observed in the construction sector with increasing, number of building permits issued and building completions.
Reasons to buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
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Table of Contents
City Snapshot 2
PEST Analysis 6
Political 6
Economic 7
Social 16
Technology and Infrastructure 21
Communications 21
Internal Transport Networks 21
Connectivity 22
Airports 23
Ports 25
Business Environment Analysis 26
Travel and Tourism 27
Tourism Flows 27
Hotels 29
Attractions 31
Events 31
Construction and Real Estate 32
Investment 32
Real Estate Market 33
Retail 34
Retail Market 34
Consumption, Income and Prices 34
Appendix 35
Sources 35
Further Reading 35
Ask the Analyst 35
About MarketLine 35
Disclaimer 35
List of Tables
Table 1: Brussels metropolitan region - key facts (estimates), 2017 2
Table 2: Brussels metropolitan region - real GDP growth, 2000-25 9
Table 3: Brussels metropolitan region - economic growth comparison, (Index 2010=100), 2000-25 11
Table 4: Brussels metropolitan region - GDP per capita comparison, 2000-25 (US$) 13
Table 5: Brussels metropolitan region - employment structure, 2000-25 (% of total) 15
Table 6: Brussels metropolitan region - main universities, 2018 16
Table 7: Brussels metropolitan region - population comparison, 2000-25 (million) 18
Table 8: Brussels metropolitan region - population by age, 2000-25 (% of total) 20
Table 9: Brussels metropolitan region - mass transit network indicators, 2017 22
Table 10: Brussels metropolitan region - Brussels-National Airport key indicators 2013-18* (number) 24
Table 11: Brussels metropolitan region - Brussels South Charleroi Airport key indicators, 2013-H1 18 (number) 24
Table 12: Brussels city - office rents, Q2 2018 26
Table 13: Brussels metropolitan region - overnight visitors, 2011-17 (number) 27
Table 14: Brussels metropolitan region - purpose of visit, 2011-17 (number) 28
Table 15: Brussels metropolitan region - international overnight visitors by country of residence, 2011-17 (number) 28
Table 16: Brussels metropolitan region - hotel establishments, 2011-17 (number) 29
Table 17: Brussels metropolitan region - hotel establishments by category, 2017 (number) 30
Table 18: Brussels metropolitan region - key hotel indicators 30
Table 19: Brussels metropolitan region - UNESCO World Heritage Sites 31
Table 20: Brussels metropolitan region - MICE and other events 31
List of Figures
Figure 1: Brussels metropolitan region - real GDP growth, 2000-25 8
Figure 2: Brussels metropolitan region - economic growth comparison, (Index 2010=100), 2000-25 10
Figure 3: Brussels metropolitan region - GDP per capita comparison, 2000-25 12
Figure 4: Brussels metropolitan region - employment structure, 2000-25 (% of total) 14
Figure 5: Brussels metropolitan region - population comparison, 2000-25 17
Figure 6: Brussels metropolitan region - population by age, 2000-25 (% of total) 19
