Brussels - Europe's third richest region

14th February 2008, Comments 0 comments

The Belgian capital comes just behind the City of London and the Grand-Duchy of Luxembourg.

New figures from the European Union's statistics office, Eurostat, show that Brussels is the third richest region in the European Union.


The Belgian capital comes just behind the City of London and the Grand-Duchy of Luxembourg.

The ranking is based on Gross Domestic Product per head of population.

The figures can provide a false picture because they do not take account of the fact that much of the wealth of Brussels is generated by people outside the region.  

The figures say little about disposable income of Brussels households.

If we take 100 as the European average, the GDP of Brussels is worth 241 points. The figure for the City of London is 303.

The regions with the lowest GDP are all located in Romania, Bulgaria and Poland.

Of the regions the EU looked at Hainaut province in Wallonia is the poorest in Belgium.

flandersnews.be 

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