Belgium Output Gap, Percent of Potential GDP Statistics

22, May 2019, EDT.

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Country or Region: Belgium › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Belgium indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Belgium , Year 2015 - In Detail

Output Gap, Percent of Potential GDP for Belgium in year 2015 is -0.84 %. Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty.

This makes Belgium No. 11 in world rankings according to Output Gap, Percent of Potential GDP in year 2015. The world's average Output Gap, Percent of Potential GDP value is -0.23 %; Belgium is 0.61 less than the average.

In the previous year, 2014, Output Gap, Percent of Potential GDP for Belgium was -1.02 % Output Gap, Percent of Potential GDP for Belgium in 2015 was or will be 17.89% less than it was or will be in 2014.

In the following or forecasted year, 2016, Output Gap, Percent of Potential GDP for Belgium was or will be -0.89 %, which is 5.48% more than the 2015 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Belgium, in other Years
Year %
  2021 n/a
  2020 n/a
  2019 n/a
  2018 n/a
  2017 -0.791
  2016 -0.886
2015 -0.84
  2014 -1.023
  2013 -1.248
  2012 -0.265
  2011 0.599
  2010 -0.098
  2009 -1.592
  2008 1.682
  2007 2.236
  2006 0.602
  2005 0.066
  2004 0.064
  2003 -1.27
  2002 0.006
  2001 0.378
  2000 1.672
  1999 0.37
  1998 -0.799
  1997 -0.472
  1996 -1.714
  1995 -1.091
  1994 -1.197
  1993 -2.056
  1992 0.891
  1991 1.551
  1990 2.002
  1989 1.279
  1988 0.23
  1987 -1.98
  1986 -2.15
  1985 -1.973
  1984 -1.778
  1983 -2.413
  1982 -1.185
  1981 -0.175
  1980 1.757