Belgium consists of three main communities (the Flemish Community, the French Community and the German-speaking Community) and three regions (the Flemish Region, the Brussels Capital Region and the Walloon Region). Each region has their own political and administrative policy structures (parliaments and governments) with increasingly specifically allocated competencies. The designation Flanders can refer to the Region (with territorial competencies) as well as to the Community (with personal and cultural competencies). For example, through the development of specific institutions such as the Flemish Community Commission, much cultural policy for the Flemish Community extends beyond the Flanders Region into Brussels. In general, treatment of demographic or economic characteristics of Flanders usually refers to the description of the Region, unless stated otherwise.
Flanders has an area of 13,625 km2 and is one of the most densely populated regions in the world (488 inhabitants/km2). Flanders is characterised by high employment rates (78.5% in 2020) and low unemployment (3.5% in 2020). In 2020, the GDP in Flanders amounted to EUR 34 183 per inhabitant, an increase of EUR 4 000 per inhabitant since 2010. However, between 2014 and 2019 real economic growth decreased by 0.5%.
Flanders is a highly knowledge-intensive region, characterised by high levels of innovation and human capital. The majority of the economy is based around services, with the services sector representing around 73% of Flemish GDP. The Flemish economy is also strongly export-oriented, with exports from the region accounting for around 83% of Belgium’s total export volume.