Business Working Capital Financing Statistics in Belgium (2026)
In 2024, 54.9% of firms in Belgium used banks to finance working capital, according to World Bank World Development Indicators data. Up from 54.1% in 2020 to 54.9% in 2024 (+0.7 percentage points). Belgium ranks #3 of 43 economies in Europe & Central Asia on this measure, and #4 of 145 globally.
Key Statistics
- Latest value (2024)
- 54.9% (2024)
- Business Working Capital Financing in Belgium as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2020
- +0.7 pp (2024)
- Up from 54.1% in 2020 to 54.9% in 2024 (+0.7 percentage points).
- Record high (2024)
- 54.9% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Belgium.
- Rank in Europe & Central Asia
- #3 of 43 (2024)
- Belgium ranks 3 of 43 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #4 of 145 (2024)
- Belgium ranks 4 of 145 countries with data globally.
- Europe & Central Asia average
- 30.6% (2024)
- Belgium (54.9%) is above the average of 30.6% across the 43 countries in Europe & Central Asia with data.
- Firms with a bank loan/line of credit (% of firms) (2024)
- 71.1% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Belgium (2024)
- 95.8% (2024)
- 95.8% of the population in Belgium used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 11.9 million (2024)
- Belgium had a population of 11.9 million in 2024 (World Bank); shown for scale only.
Trend, 2020–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 54.9% | +0.7 pp |
| 2020 | 54.1% | — |
Frequently asked questions
What share of firms in Belgium used banks to finance working capital?
54.9% of firms in Belgium used banks to finance working capital in 2024, according to World Bank World Development Indicators data.
Where does the business working capital financing data for Belgium come from?
The data comes from the World Bank World Development Indicators (indicator IC.FRM.BKWC.ZS). The latest observation for Belgium is from 2024; the snapshot was retrieved on 2026-06-10.
How has business working capital financing in Belgium changed over time?
World Bank World Development Indicators data show a rise from 54.1% in 2020 to 54.9% in 2024.
How does Belgium compare with other countries in Europe & Central Asia?
Belgium ranks 3 of 43 countries in Europe & Central Asia with data, with 54.9% versus a regional average of 30.6% (latest values per country).
Where does Belgium rank globally on business working capital financing?
Belgium ranks 4 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BKWC.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .