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House Price to Income Ratio - Belgium Compared to Continent


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Ukraine 163.81x
Russia 159.19x
UK 72.24x
Moldova 65.70x
Serbia 54.22x
France 42.14x
Italy 35.04x
Turkey 34.22x
Austria 30.87x
Macedonia 28.86x
Poland 27.72x
Montenegro 27.09x
Czech Rep. 27.03x
Hungary 24.06x
Slovak Rep. 24.04x
Latvia 23.92x
Bulgaria 22.72x
Romania 22.03x
Spain 21.03x
Greece 19.62x
Malta 19.53x
Finland 19.32x
Switzerland 17.65x
Lithuania 17.48x
Slovenia 17.46x
Sweden 17.32x
Estonia 17.02x
Netherlands 16.81x
Portugal 16.49x
Germany 15.11x
Croatia 11.26x
Denmark 10.18x
Belgium 9.25x
Cyprus 8.31x
Luxembourg 5.56x

 

 

Belgium: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Belgium generates house price and rents statistics of acceptable quality. Statistics Belgium has annual and quarterly data on average price of houses. The National Bank of Belgium's Belgostat has all the usual general economics statistics





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