Belgium Economic Statistics and Indicators

16, Nov 2018, EST. Welcome to the Belgium economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Belgium › Change country
National or Regional Currency: Euro, EUR
Year of data: 2015 › Change year
Number of Indicators Listed: 40
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 10,449,361 (July 2014 est.)
Area: total: 30,528 sq km ; land: 30,278 sq km ; water: 250 sq km
Natural Resources: construction materials, silica sand, carbonates
Capital: name: Brussels ; geographic coordinates: 50 50 N, 4 20 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

This modern, open, and private-enterprise-based economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to volatility in world markets. Roughly three-quarters of Belgium's trade is with other EU countries, and Belgium has benefited most from its proximity to Germany. In 2013 Belgian GDP grew by 0.1%, the unemployment rate increased to 8.8% from 7.6% the previous year, and the government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%. Despite the relative improvement in Belgium's budget deficit, public debt hovers around 100% of GDP, a factor that has contributed to investor perceptions that the country is increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks were severely affected by the international financial crisis in 2008 with three major banks receiving capital injections from the government, and the nationalization of the Belgian retail arm of a Franco-Belgian bank.
More on the Belgium Economy
More on the Belgium Export, Import and Trade

Economic Indicator Listing
  For Belgium in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.371 %
GDP (Current Prices, National Currency)EUR 409.766 Billion.
GDP (Current Prices, US Dollars)US$ 454.687 Billion
GDP Deflator 101.566 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)EUR 35,587.11 .
GDP Per Capita (Current Prices, National Currency)EUR 36,144.31 .
GDP Per Capita (Current Prices, US Dollars)US$ 40,106.63
Output Gap, Percent of Potential GDP -0.84 %
GDP (PPP), US DollarsUS$ 494.121 Billion
GDP Per Capita (PPP), US DollarsUS$ 43,584.99
GDP Share of World Total (PPP) 0.435 %
Implied PPP Conversion Rate 0.829
Investment (% of GDP) 22.798 %
Gross National Savings (% of GDP) 23.317 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 100 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.62 %
Inflation, End of Year (Indexed to Year 2000) 100.74 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.45 %
Import Volume of All Items Including Goods and Services (Percent Change) 3.8 %
Import Volumes of Goods Only (Percent Change) 3.8 %
Export Volume of All Items Including Goods and Services (Percent Change) 3.36 %
Export Volumes of Goods Only (Percent Change) 3.36 %
Unemployment Rate (% of Labour Force) 8.333 %
Employment 4.665 Million
Population 11.337 Million
General government revenue (National Currency)EUR 209.718 Billions.
General government revenue (% of GDP) 51.18 %
General government total expenditure (National Currency)EUR 221.045 Billions.
General government total expenditure (% of GDP) 53.944 %
Total Government Net Lending/ Borrowing (National Currency)EUR -11.326 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.764 %
General Government Structural Balance (National Currency)EUR -9.624 Billion.
General Government Structural Balance (% Potential GDP) -2.328 %
Fiscal Year Gross Domestic Product, Current PricesEUR 409.766 Billions.
Current Account Balance (US Dollars)US$ 2.359 Billion
Current Account Balance (% GDP) 0.519 %
Economic Indicators for Belgium 2015

GDP (Constant Prices, National Currency) for Belgium in year 2015 is EUR 403.449 Billion.

GDP Growth (Constant Prices, National Currency) for Belgium in year 2015 is 1.371 %.

GDP (Current Prices, National Currency) for Belgium in year 2015 is EUR 409.766 Billion.

GDP (Current Prices, US Dollars) for Belgium in year 2015 is US$ 454.687 Billion.

GDP Deflator for Belgium in year 2015 is 101.566 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Belgium in year 2015 is EUR 35,587.11 .

GDP Per Capita (Current Prices, National Currency) for Belgium in year 2015 is EUR 36,144.31 .

GDP Per Capita (Current Prices, US Dollars) for Belgium in year 2015 is US$ 40,106.63 .

Output Gap, Percent of Potential GDP for Belgium in year 2015 is -0.84 %.

GDP (PPP), US Dollars for Belgium in year 2015 is US$ 494.121 Billion.

GDP Per Capita (PPP), US Dollars for Belgium in year 2015 is US$ 43,584.99 .

GDP Share of World Total (PPP) for Belgium in year 2015 is 0.435 %.

Implied PPP Conversion Rate for Belgium in year 2015 is 0.829 .

Investment (% of GDP) for Belgium in year 2015 is 22.798 %.

Gross National Savings (% of GDP) for Belgium in year 2015 is 23.317 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Belgium in year 2015 is 100 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Belgium in year 2015 is 0.62 %.

Inflation, End of Year (Indexed to Year 2000) for Belgium in year 2015 is 100.74 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Belgium in year 2015 is 1.45 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Belgium in year 2015 is 3.8 %.

Import Volumes of Goods Only (Percent Change) for Belgium in year 2015 is 3.8 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Belgium in year 2015 is 3.36 %.

Export Volumes of Goods Only (Percent Change) for Belgium in year 2015 is 3.36 %.

Unemployment Rate (% of Labour Force) for Belgium in year 2015 is 8.333 %.

Employment for Belgium in year 2015 is 4.665 Million .

Population for Belgium in year 2015 is 11.337 Million .

General government revenue (National Currency) for Belgium in year 2015 is EUR 209.718 Billions.

General government revenue (% of GDP) for Belgium in year 2015 is 51.18 %.

General government total expenditure (National Currency) for Belgium in year 2015 is EUR 221.045 Billions.

General government total expenditure (% of GDP) for Belgium in year 2015 is 53.944 %.

Total Government Net Lending/ Borrowing (National Currency) for Belgium in year 2015 is EUR -11.326 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Belgium in year 2015 is -2.764 %.

General Government Structural Balance (National Currency) for Belgium in year 2015 is EUR -9.624 Billion.

General Government Structural Balance (% Potential GDP) for Belgium in year 2015 is -2.328 %.

Fiscal Year Gross Domestic Product, Current Prices for Belgium in year 2015 is EUR 409.766 Billions.

Current Account Balance (US Dollars) for Belgium in year 2015 is US$ 2.359 Billion.

Current Account Balance (% GDP) for Belgium in year 2015 is 0.519 %.

* Source: IMF
Aggregate Indicators for Belgium
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Belgium
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Belgium
  Natural Resources, Agricultural Products, Land Use and Water Use for Belgium
  Nationality, Ethnic Groups, Languages and Religions for Belgium
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Belgium
  Age Structure, Median Age, Gender and Urbanization for Belgium
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Belgium
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Belgium
  HIV, AIDS and Other Major Infectious Disease Rates for Belgium
  Literacy Rate, Educational Expenditure and School Life Expectancy for Belgium
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Belgium
  Industries and Industrial Growth Production Rate for Belgium
  Labor Force by Occupation for Belgium
  Poverty Line, Gini Index, Household Income and Consumption for Belgium
  National Budget and Public Debt for Belgium
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Belgium
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Belgium
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Belgium
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Belgium
  Foreign Exchange Reserves and Gold Reserves for Belgium
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Belgium
  Exchange Rate Statistics for Belgium
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Belgium
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Belgium
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Belgium
  Television and Radio Statistics (TV Stats, Radio Stats) for Belgium
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Belgium
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Belgium
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Belgium
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Belgium
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Belgium
* Source: CIA
Internet Indicators for Belgium
Indicators
  Number of Internet Users for Belgium
  Internet Penetration Rate for Belgium
  Number of Facebook Accounts for Belgium
  Facebook Penetration Rate for Belgium
* Source: IWS
Economic Freedom Indicators for Belgium
Indicators
  Economic Freedom World Rank for Belgium
  Government Spending for Belgium
  Monetary Freedom for Belgium
  Investment Freedom for Belgium
  Financial Freedom for Belgium
  Property Rights for Belgium
  Economic Freedom Regional Ranking for Belgium
  Freedom from Corruption for Belgium
  Labor Freedom for Belgium
  Tariff Rate for Belgium
  Income Tax Rate for Belgium
  Corporate Tax Rate for Belgium
  Tax Burden % of GDP for Belgium
  Government Expenditure % of GDP for Belgium
  Business Freedom for Belgium
  Trade Freedom for Belgium
  Fiscal Freedom for Belgium
  2016 Score for Belgium
* Source: HFO
Belgium Economic Indicators in other Years
  Belgium Economic Indicators for Year 2021 (Forecast)
  Belgium Economic Indicators for Year 2020 (Forecast)
  Belgium Economic Indicators for Year 2019 (Forecast)
  Belgium Economic Indicators for Year 2018 (Forecast)
  Belgium Economic Indicators for Year 2017 (Forecast)
  Belgium Economic Indicators for Year 2016 (Forecast)
Belgium Economic Indicators for Year 2015 (Current)
  Belgium Economic Indicators for Year 2014
  Belgium Economic Indicators for Year 2013
  Belgium Economic Indicators for Year 2012
  Belgium Economic Indicators for Year 2011
  Belgium Economic Indicators for Year 2010
  Belgium Economic Indicators for Year 2009
  Belgium Economic Indicators for Year 2008
  Belgium Economic Indicators for Year 2007
  Belgium Economic Indicators for Year 2006
  Belgium Economic Indicators for Year 2005
  Belgium Economic Indicators for Year 2004
  Belgium Economic Indicators for Year 2003
  Belgium Economic Indicators for Year 2002
  Belgium Economic Indicators for Year 2001
  Belgium Economic Indicators for Year 2000
  Belgium Economic Indicators for Year 1999
  Belgium Economic Indicators for Year 1998
  Belgium Economic Indicators for Year 1997
  Belgium Economic Indicators for Year 1996
  Belgium Economic Indicators for Year 1995
  Belgium Economic Indicators for Year 1994
  Belgium Economic Indicators for Year 1993
  Belgium Economic Indicators for Year 1992
  Belgium Economic Indicators for Year 1991
  Belgium Economic Indicators for Year 1990
  Belgium Economic Indicators for Year 1989
  Belgium Economic Indicators for Year 1988
  Belgium Economic Indicators for Year 1987
  Belgium Economic Indicators for Year 1986
  Belgium Economic Indicators for Year 1985
  Belgium Economic Indicators for Year 1984
  Belgium Economic Indicators for Year 1983
  Belgium Economic Indicators for Year 1982
  Belgium Economic Indicators for Year 1981
  Belgium Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International