Ranking of financial services meeting business needs in Benelux 2016-2017, by country

This statistic shows the results of the survey question: "In your country, to what extent does the financial sector provide the products and services that meet the needs of businesses?". Of the Benelux countries, Luxembourg has the highest score when it comes to financial services meeting business needs. The Global Competitiveness Index (GCI) combines 114 indicators that capture concepts that matter for productivity and long-term prosperity. These indicators are grouped into 12 pillars: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation. These pillars are in turn organized into three subindexes: basic requirements, efficiency enhancers, and innovation and sophistication factors. The three subindexes are given different weights in the calculation of the overall Index, depending on each economy’s stage of development, as proxied by its GDP per capita and the share of exports represented by raw materials.