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Belgium Output Gap, Percent of Potential GDP Statistics

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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: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
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 2010 - In Detail

Output Gap, Percent of Potential GDP for Belgium in year 2010 is -1.545 %

This makes Belgium No. 6 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Belgium is 1.19 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Belgium was -2.10 % Output Gap, Percent of Potential GDP for Belgium in 2010 was or will be 26.36% less than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Belgium was or will be -1.25 %, which is 19.29% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Belgium, in other Years
Year %
  2016 n/a
  2015 n/a
  2014 n/a
  2013 n/a
  2012 -0.81
  2011 -1.247
2010 -1.545
  2009 -2.098
  2008 1.476
  2007 1.975
  2006 1.075
  2005 0.23
  2004 -0.037
  2003 -1.409
  2002 -0.549
  2001 -0.024
  2000 1.5
  1999 0.249
  1998 -0.8
  1997 -0.34
  1996 -1.793
  1995 -0.796
  1994 -1.13
  1993 -2.034
  1992 0.856
  1991 1.558
  1990 2.108
  1989 1.482
  1988 0.338
  1987 -1.561
  1986 -1.31
  1985 -1.532
  1984 -1.547
  1983 -1.17
  1982 -0.621
  1981 0.061
  1980 1.873