The four relatively small Western European countries are in the top 20 in the National Intellectual Capital Indices for 40 Countries (NICI40). Austria, Belgium, the Netherlands, and Switzerland ranked number 12, 16, 8, and 3, respectively. The Netherlands and Switzerland have a higher level of national intellectual capital than do Austria and Belgium. Switzerland has the overall best score in renewal capital (ranked #1) and the Netherlands is strong in market capital (ranked #3). Both Austria and Belgium ranked relatively higher in financial capital (ranked #8 and #12) than in their overall NICI40 ranking. Austria is relatively weak in renewal capital (ranked #16) and Belgium is relatively weak in market capital and process capital (both ranked #18).