Belgium Economy

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Belgium's economy has largely prospered due to its central geographic location, developed transport network, and diversified industrial and commercial base. Except for coal, which is not economical to exploit, Belgium has essentially no natural resources, however, most traditional industrial sectors are still represented. Despite this heavy industrial component, services make up 74.9% of the GDP which is at $469 billion according to 2010 estimates.

Major Belgium Indicators

Period Value % Chg Prev
Central Banks (View all 1)
Belgium Balance With Eurosystem/Target Jul 2021 -21.96B EUR
Components of GDP (View all 1)
Belgium General Government Final Consumption Expenditure (NSA) 2020 24.95% of GDP 8.36%
Belgium Net Trade in Goods and Services (NSA) 2020 1.944B USD -40.25%
Belgium Trade (NSA) 2020 160.7% of GDP -1.41%
Consumer Prices (View all 1)
Belgium Consumer Price Index Aug 2021 112.41 1.65%
Belgium Inflation Rate Aug 2021 4.70% 235.7%
Employment (View all 1)
Belgium Unemployment Rate Jul 2021 5.90% -4.84%
Belgium Youth Unemployment Rate Jun 2021 19.30% 0.00%
Energy (View all 1)
Belgium Petroleum Products Demand Aug 2021 2.482M mt 2.73%
GDP (View all 1)
Belgium Real GDP YoY (SCA) Q2 2021 14.90%
Governance and Policy (View all 1)
Belgium Profit Tax (NSA) 2019 10.30% -5.50%
Government Assets and Liabilities (View all 1)
Belgium General Government Gross Debt Outlook (NSA) 2026 122.2% of GDP 1.33%
Government Receipts and Outlays (View all 1)
Belgium Expenses (NSA) 2019 188.62B EUR 2.85%
Belgium General Government Final Consumption Expenditure (NSA) 2020 24.95% of GDP 8.36%
Belgium Military Expenditure (NSA) 2019 4.303B EUR 4.93%
Belgium Profit Tax (NSA) 2019 10.30% -5.50%
Belgium Tax Revenue (NSA) 2019 108.12B EUR -2.10%
House Prices (View all 1)
Belgium House Price Index Q1 2021 175.62 1.48%
Infrastructure (View all 1)
Belgium Secure Internet Servers (NSA) 2020 24178.87 /mil ppl 23.01%
Interest Rates (View all 1)
Belgium Long Term Interest Rate Sep 2021 0.01%
International Transactions (View all 1)
Belgium Net Trade in Goods and Services (NSA) 2020 1.944B USD -40.25%
Military (View all 3)
Belgium Military Expenditure (NSA) 2019 4.303B EUR 4.93%
Monetary (View all 1)
Belgium TARGET Transactions Value Sep 2021 2.421T EUR 17.31%
Population (View all 1)
Belgium Population Density (NSA) 2020 381.64 Ppl/kmĀ² 0.58%
Belgium Population Outlook (NSA) 2026 11.78M 0.32%
Producer Prices (View all 3)
Belgium Manufacturing Producer Price Index (NSA) Aug 2021 123.00 1.07%
Sentiment Surveys (View all 1)
Belgium Consumer Confidence Indicator Sep 2021 0.10 0.00%
Belgium Economic Sentiment Indicator Aug 2021 116.60 -3.00%
View and sort all 828 Belgium Indicators

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