Many see the Belgians as the dark horses for Brazil with their array of young talent including Eden Hazard, Romelu Lukaku and Kevin De Bruyne.
Kompany was once again mightily impressive for the Premier League champions and feels he can go from one trophy success to another this month.
“I consider four or five countries favourites and then that’s it,” Kompany said to the Guardian.
“You have the usual suspects, the ones you think of off the top of your head. Then it’s like, are we more favourite than Colombia? Are we more favourite than Uruguay? Are we more favourite than Chile?
“There are so many other teams that come into that category.
“If we do really well then we have a chance. If we just have a normal performance or a little bit less, we will be out of it really quickly.
“Realistically we are not the favourites, but in my mind every game I play, every competition I enter, I want to win it.
“Until it’s proven otherwise I don’t believe any other team is stronger than my team. On paper it is, but I try not to be realistic.
“Belgium thinks we are going to be world champions, so the pressure is not too bad.”
Belgium are heavy favourites for their group which includes Algeria, Russia and South Korea.