Belgium - Housing Cost Overburden
Since 2014, Belgium Housing Cost Overburden was down by 0.7points year on year. In 2019, the country was number 16 comparing other countries in Housing Cost Overburden at 19.1 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Belgium is overtaken by Italy, which was number 15 at 19.4 Percent of Households Devoting More Than 40% of their Income to Housing Costs and is followed by Estonia with 17 Percent of Households Devoting More Than 40% of their Income to Housing Costs. Greece ranked the highest with 40.3 Percent of Households Devoting More Than 40% of their Income to Housing Costs in 2019, that is +1.3points versus 2018. Chile, Luxembourg and Spain respectively ranked number 2, 3 and 4 in this ranking. Luxembourg witnessed the best average annual growth at +6.4points per year, while Estonia recorded the worst performance at -7.6points per year.
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| Date | Percent of Households Devoting More Than 40% of their Income to Housing Costs |
|---|---|
| 2019 | 19.10 |
| 2018 | 19.00 |
| 2017 | 18.60 |
| 2016 | 19.00 |
| 2015 | 19.20 |
How does Belgium rank in Housing Cost Overburden?
| # | 30 Countries | Percent of Households Devoting More Than 40% of their Income to Housing Costs | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
40.30 % | 2019 | +1.3 % | -0.8 % | View data | |
| 2 |
#2
Chile
|
37.40 % | 2019 | +3.6 % | NA | View data | |
| 15 |
#15
Italy
|
19.40 % | 2019 | +0.0 % | -0.1 % | View data | |
| 16 |
#16
Belgium
|
19.10 % | 2019 | +0.5 % | -0.7 % | View data | |
| 17 |
#17
Estonia
|
17.00 % | 2019 | -1.7 % | -7.6 % | View data | |