Palma ratio wb in Belgium

Belgium: Palma ratio wb was 0.9453 in 2023. ▬ Flat

Latest (2023)
0.9453
Change on year
up 1.7%
World rank
111th
of 120 countries
All-time high
1.33
in 2000
All-time low
0.8356
in 1992
Years of data
27
1985–2023

Palma ratio wb in Belgium, 1985–2023

00.511.51985200420231985: 0.8591988: 0.8821992: 0.8361995: 11997: 0.9282000: 1.32003: 0.9892004: 1.12005: 1.12006: 0.9912007: 1.12008: 12009: 12010: 12011: 0.9912012: 0.9592013: 0.9652014: 0.9962015: 0.982016: 0.9732017: 0.9582018: 0.9582019: 0.9592020: 0.8952021: 0.9252022: 0.9292023: 0.945

Source: Our World in Data.

Analysis

The most recent figure for palma ratio wb in Belgium is 0.9453, measured in 2023.

The figure is up 1.7% on the previous year and down 2.0% over ten years.

Over the whole period, palma ratio wb in Belgium peaked at 1.33 in 2000 and was at its lowest, 0.8356, in 1992.

That places Belgium 111th out of 120 countries with data for 2023, putting it in the bottom quarter.

Palma ratio wb in Belgium, year by year

Annual values for Palma ratio wb in Belgium, 1985 to 2023.
Year Value Change
1985 0.8592 —
1988 0.8824 +2.7%
1992 0.8356 -5.3%
1995 1.01 +21.4%
1997 0.9276 -8.6%
2000 1.33 +43.8%
2003 0.9893 -25.8%
2004 1.15 +16.2%
2005 1.07 -6.9%
2006 0.9909 -7.4%
2007 1.06 +6.9%
2008 1.01 -4.9%
2009 1.01 +0.6%
2010 1.01 -0.3%
2011 0.9913 -1.9%
2012 0.9594 -3.2%
2013 0.9646 +0.5%
2014 0.9964 +3.3%
2015 0.9803 -1.6%
2016 0.9728 -0.8%
2017 0.9578 -1.5%
2018 0.958 +0.0%
2019 0.959 +0.1%
2020 0.8949 -6.7%
2021 0.9254 +3.4%
2022 0.9291 +0.4%
2023 0.9453 +1.7%

Belgium compared with similar countries

  • Belgium's 0.9453 is below the median for high income countries, which is 1.23, 77% of the median. (42 countries reporting)
  • Belgium's 0.9453 is below the median for Europe & Central Asia, which is 1.13, 84% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Palma ratio wb in Belgium changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 +43.8% 0.9276 1.33

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.8708 0.8592 0.8824 2
1990s 0.926 0.8356 1.01 3
2000s 1.08 0.9893 1.33 8
2010s 0.975 0.9578 1.01 10
2020s 0.9237 0.8949 0.9453 4

Countries ranked near Belgium

  1. 108 Finland 0.968 compare
  2. 109 Moldova 0.9597 compare
  3. 110 Iceland 0.9491 compare
  4. 112 Norway 0.9172 compare
  5. 113 Syria 0.8957 compare
  6. 114 Ukraine 0.8929 compare

See the full ranking of 120 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is palma ratio wb in Belgium?
Palma ratio wb in Belgium was 0.9453 in 2023, according to Our World in Data.
What is the highest palma ratio wb recorded in Belgium?
The highest recorded value was 1.33 in 2000.
What is the lowest palma ratio wb recorded in Belgium?
The lowest recorded value was 0.8356 in 1992.
How does Belgium rank for palma ratio wb?
Belgium ranks 111th out of 120 countries with data for 2023.
Is palma ratio wb rising or falling in Belgium?
Over the last ten years it is down 2.0%. The long-run trend across the full record is flat.
Where does this Belgium data come from?
The figures come from Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Belgium. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/belgium/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed