Engel & Völkers Licence Partner Gent-Zuid • Sint-Martens-Latem > Blog > The considerable wealth of Belgians

The considerable wealth of Belgians

The Belgians are rich, even very rich! At least, that's what the statistics show. A typical Belgian has an average of 90,000 euros in the bank, which is already considerable, but one must also count real estate assets. The Institute of National Accounts and the National Bank of Belgium (BNB) reveal that this property portfolio would amount to 1.501.5 billion euros in 2018, which represents 3 times the national GDP. In detail, land is valued at 930.1 billion euros, or 62 percent of this wealth, while buildings would be worth 571.4 billion euros, or 38 percent. The value of real estate properties is, therefore, significantly higher than the financial assets, which was 1,013.8 billion at the end of 2018.

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